Not only are Florida residents reporting more auto insurance bodily injury claims than those in other no-fault states, but the claims are also more expensive, according to a new study by the Insurance Research Council (IRC).
If you are in an auto accident in a no-fault state, your own medical insurance coverage — such as Personal Injury Protection (PIP) or MedPay — pays for your medical expenses, regardless of who is at fault in the accident. Each no-fault state (Colorado, Florida, Hawaii, Kansas, Kentucky, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Dakota, Pennsylvania, and Utah) has threshold limits on pain and suffering lawsuits.
