Florida Passes Personal Injury Protection (PIP) Reform: A Boon for Consumers or a Curse for Injured Drivers and Passengers?
HB 119, passed by the Florida legislature in March, was signed into law by Governor Scott on May 4th. This 67-page bill is being touted as Personal Injury Protection (PIP) reform that will yield savings to vehicle owners on their no-fault car insurance premiums, but the true cost may come not in savings to consumers but in a decrease in benefits paid to people injured in car accidents. Decrease in Insurance Premiums…Maybe The new law, which goes into effect in
May 31, 2012