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PIP insurance covers you and any relatives residing in your household for injuries sustained in an automobile accident regardless of who is at fault. This coverage pays 80% of reasonable and necessary medical bills and 60% of lost wages.
In 2021, the Florida Senate introduced SB 54, which would eliminate the mandatory PIP requirement for auto insurance. In its place, the new PIP reform law would require vehicle owners to carry: A minimum of $25,000 in bodily injury coverage. A minimum of $50,000 for two or more people in any one accident.
As per section 95.11 (3) (a) of the Florida Statute of Limitations, the statute of limitations to file your claim for personal injury in Florida typically ranges from 2-5 years from the date of your injury depending on the claim type.
Under the new law, most personal injury lawsuits must be filed within two years of the date of injury, or they will not be allowed. Florida already had a two-year statute of limitations on medical malpractice and wrongful death lawsuits.
Drivers must be insured with PIP coverage in Florida and property damage liability (PDL) at the time of vehicle registration. Drivers must have a minimum of $10,000 in PIP and a minimum of $10,000 in PDL.
One of the biggest changes in the 2023 personal injury law bill was the new requirement of a Letter of Protection disclosure. A Letter of Protection in Florida is an agreement between medical providers and patients to wait to pay a bill using the proceeds of a legal settlement.
PIP insurance pays 80% of crash-related medical costs, up to the $10,000 PIP limit per covered person, for things like ambulance rides, hospital bills, doctor visits, dental work and more. You must receive initial care within 14 days of an accident for medical expenses to be covered.
The New Tort Reform and Florida's Comparative Negligence Under the new modified comparative negligence system in Florida, individuals will be barred from compensation recovery if they are more than 50% responsible for causing their own injuries.