Governor Scott: Legislature needs to tackle insurance fraud MiamiHerald.com
16.08.11
Florida’s epidemic of car insurance fraud is getting worse even though the total number of crashes in the state is declining.
The result: what amount to statewide premium increases of more than $900 million since 2008, Insurance Commissioner Kevin McCarty told Gov. Rick Scott and the Cabinet Tuesday.
“That’s just like having a tax increase,” Scott said.
Neither Scott nor any Cabinet member called for outright repeal of the state’s 1972 no-fault auto insurance law that requires every driver to carry a minimum of $10,000 of personal injury protection, or PIP. But they agreed changes, perhaps even dramatic ones, must happen.
Florida is one of 10 so-called no-fault accident states. Most other states, 38 in all, have what is known as a tort system, which requires motorists to purchase bodily insurance coverage. A tort system holds at-fault drivers liable for the economic and non-economic damages they inflict on others.
Scott said he wants McCarty to consult with key lawmakers and push for reforms to be taken up in the next legislative session that begins in January. But by then, McCarty said, more premium increases are likely.
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bFlorida auto insurance/b quotes and questions you should ask b.../b
Here are the latest reports on Florida auto insurance quotes and questions you should ask yourself
Auto Insurance in Florida that can handle pretty easy to shop. So make sure to ask questions when you get a couple of offers. Here are some things to consider.
Like most experts recommend you should always do a little 'comparison shopping when looking for car insurance quotes. Auto insurance rates in Florida, as in other states, often quite a bit' different from company to company . comparison shopping can save youMoney.
It also allows you a feel for the overall value you get in the way of financial stability and service can be maintained. Just because you have found the cheapest insurance quote car does not always mean you get the most satisfactory service.
Once you have some quotes – at least three or more – a little research on the agents and companies that provided the lowest quotation marks:
Ask if they are licensed to do business in Florida. You canCheck this with the Florida Department of Insurance, if you are sure they are not.
Ask the agent how long he or she has to sell and what special conditions of insurance. If you are an independent agent, ask how many of them represented companies.
Check out the financial assessment of the company. You will find that rating agencies like AM Best, Fitch, Moody's, Standard and Poors, and Weiss.
Ask what the procedure is a claim. Aslong does it usually get a claim resolved? How long does it take to resolve a complaint may vary according to what it is, but should at least be a standard delivery time of sending and receiving a regulator of the documentation. State insurance department may also be a good place to see if any complaints against the company.
Note also the time taken to reach your offer and answer any questions. This could also give an idea ofType of service you would expect.
