As you are almost certainly aware, Florida is a No-fault state for auto insurance. In simple words, the No-fault law is designed to help people, injured in an accident, receive the necessary financial assistance without having to establish who is at fault. The insurance coverage limits and the particular situation will determined what the pay out amount should be.

The minimum limits required by law are $10,000 of personal injury protection (PIP) and $10,000 of property damage liability (PDL). It is not hard to see that in case of a serious accident, when you need your insurance the most, these limits will barely be sufficient. Its strongly recommended to buy cover well above the required minimum.

Listed below are 3 facts about Florida No-fault Insurance that you may well not realize.

1. You can still sue the at fault person - Even though, No-fault insurance law is intended to mean less lawsuits, it does not mean you can not take the at fault driver to court. Obviously, specific conditions must be fulfilled. There are 2 types of thresholds you must be aware of. Verbal threshold, death or significant disfigurement, and monetary threshold - huge dollar sums for medical bills.

2. You might have to be examined independently - In order for the Florida No Fault insurance law to operate correctly, independent medical examination is needed. Its your insurer's right to choose a medical professional and request an unbiased examination. If you refuse to be examined than your insurance policy will probably be terminated.

3. Personal injury protection will not cover you 100% - Usually, motorists in the Sunshine state make the presumption that Personal injury protection will cover all their costs in a case of a car accident. In reality, PIP only covers 80 percent . Do not forget you have deductible too. A good example may be able to illustrate this better.

- Total Medical Expenses:$5,000
- Percentage payable under PIP statute:80 percent
- Benefits due but for the deductible:$4,000
- Less deductible:$1,000
- Benefits payable:$3,000

Being able to choose the right plan for you and your family truly depends on comprehending Florida No Fault Insurance law. Do not rush to buy an insurance policy until you feel positive you have made the right choice. Ask your insurance agent as many questions as possible. Do not just stick to one insurer - compare quotes from at least 3 providers.

For more information and instant quotes please visit Florida No-fault Insurance and SR22 Insurance.