Is it true that the new auto insurance law for no insurance for Florida is effective on October 31?

Is it true that the new auto insurance law for no insurance for Florida is effective on October 31?

No it is not true entirely.read the following:Effective October 1, 2007, several sections of the Florida statutes, including,627.730, 627.731, 627.732, 627.733, 627.734, 627.736, 627.737, 627.739, 627.7401, 627.7403, and 627.7405, forming the Florida Motor Vehicle No-Fault Law, will be repealed, unless reenacted by the Legislature.The 2007 legislative session ended without lawmakers extending Florida'-s no-fault / PIP auto insurance system. That means the No Fault law will end in October 2007 unless lawmakers make a change in a special session, which Florida Governor Crist has hinted at having such a session. In June 2007 a special session was called for lawmakers to work on issues surrounding FL property taxes. Though it has yet to be done Crist continues to say they legislature will get to it before it expires.Regardless of the changes in this law, Florida is already very different. The current No Fault or PIP law requires Florida drivers to carry auto insurance to pay for a percentage of their own medical bills and lost wages resulting from an auto accident regardless of who is at fault. There is no Florida law requiring people who are responsible for accidents to carry insurance to help pay for those expenses of the people they injure through their own negligence.So Florida residents are not required to purchase Bodily Injury Liability. There is a catch though- if you get into an accident and you are not by the state not to be "-Financially Responsible"- then you have to carry Bodily Injury and file an SR22 to show proof.PIP is currently required on every auto insurance policy in the state, with up to $10,000 of coverage for medical expenses, lost pay and death benefits for any insured, injured motorist regardless of who is at fault in an accident. Florida lawmakers say this insurance law was intended to end expensive and complicated lawsuits however many say the system failed and was abused. Many have come to the conclusion that there is too much fraud to reform it. If it expires, injured motorists will be required to sue each other to receive damages.The Florida Senate wanted to extend PIP and have a study done on it by 2010. It would then expire in 2012 unless it was reformed according to the recommendations of the study. The House was pushing a different plan which would have allowed PIP to expire but would have replaced it with $15,000 of coverage that can only be used immediately following an accident at emergency rooms and hospital-owned clinics. The House never took up the plan the Senate passed and here we are in August of 2007 and without a special legislature session the no-fault law will expire.Currently in Florida ninety-five percent of drivers are insured. It is believed that without the PIP requirement the number of insured drivers will decrease. If Florida changes the laws, then only Property Damage Liability is required at a minimum limit of $10,000. There are discussions that with PIP'-s sunset, Property Damage Liability will not be required either.Companies like State Farm, Florida'-s largest auto insurer with more than 20 percent of the market, plans to cut rates by 16 percent on Oct 1. Other companies are expected to announce their reductions soon. According to some pundits, State Farm does not sell policies without Bodily Injury Liability, so this change will not affect them or their policyholders because most drivers have Medical Payment coverage.If the No-Fault law sunsets in Florida, drivers in FL will need to review their health insurance policy to see what treatments are covered. Some medical insurers do not cover medical treatments associated with automobile accidents and other health insurers cap the number of physical therapy or chiropractic treatments. It is high likely that medical insurance premiums will increase if the Florida no-fault auto insurance system sunsets.What exactly will happen if the PIP law expires and what insurance coverages the state of Florida may require at that point is still yet to be determined. Keep an eye on our site to see what news we have on the Florida car insurance front. Beyond this you can contact the FL insurance regulator to find out what advice they are giving consumers on this topic.The office of the insurance regulator for Florida already has available a tree chart for personal injury scenarios for post no-fault accidents (medical only) and a section entitled "-Life Without No-Fault."-

ANDREA

And in addition to what has already been said, there is this:IMPORTANT NOTICE REGARDING E-MAIL ON NEW DRIVING LAWSIN FLORIDA EFFECTIVE AUGUST 1, 2007The Department of Highway Safety and Motor Vehicles is aware that information is circulating, via e-mail, about new traffic laws effective August 1, 2007. The e-mail implies eight areas have law changes, including cell phone usage, carpool lanes, lane changes, driving on the shoulder, seatbelt usage, speeding and driving under the influence. Please disregard this e-mail and do not forward to others. The information contained in the e-mail is not correct.The Department encourages all motorists to drive safely, obey traffic laws and avoid distractions. The Department’s summary of 2007 legislation pertaining to driving and motor vehicle laws is available on our website at www.hsmv.state.fl.us – click on “Laws” on the left hand side of the page. If you have any questions regarding a specific law or new legislation please do not hesitate to contact the Department at (850) 617-2000.

oklatom

And in addition to what has already been said, there is this:IMPORTANT NOTICE REGARDING E-MAIL ON NEW DRIVING LAWSIN FLORIDA EFFECTIVE AUGUST 1, 2007The Department of Highway Safety and Motor Vehicles is aware that information is circulating, via e-mail, about new traffic laws effective August 1, 2007. The e-mail implies eight areas have law changes, including cell phone usage, carpool lanes, lane changes, driving on the shoulder, seatbelt usage, speeding and driving under the influence. Please disregard this e-mail and do not forward to others. The information contained in the e-mail is not correct.The Department encourages all motorists to drive safely, obey traffic laws and avoid distractions. The Department’s summary of 2007 legislation pertaining to driving and motor vehicle laws is available on our website at www.hsmv.state.fl.us – click on “Laws” on the left hand side of the page. If you have any questions regarding a specific law or new legislation please do not hesitate to contact the Department at (850) 617-2000.

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