Car Insurance Rates Addresses Florida Personal Injury Protection Online PR News (press release)
29.08.11
Online PR News – 29-August-2011 –CarInsuranceRates.com, a popular source for complimentary estimates on auto insurance policies, has published its newest op ed piece to voice support for top politicians in Florida rethinking the state’s extant no-fault approach to auto-accident personal injury claims. The current system requires drivers to carry personal injury protection (PIP) as part of their auto coverage , but both the state’s governor and chief financial officer and considering changing that requirement.
“The system in Florida is what we in the insurance industry refer to as a ‘no-fault scheme.’ In theory, requiring all drivers to carry a certain amount of personal injury protection should lower costs by reducing the number of costly lawsuits related to bodily injuries resulting from auto accidents. However, as Florida and other states with similar structures have seen, the end result of a PIP requirement is actually astronomically higher premiums for insured drivers because of rampant insurance fraud,” explained Nathan Ackerman, spokesman for Car Insurance Rates .
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