By on September 27, 2007

rs6_crash_sm.jpgAccording to Jacksonville.com, the legislation requiring that Florida drivers carry no-fault personal injury policies (PIP) expires next Monday. Insurers welcome the end of the (PIP) system, which is rife with fraud. Problem: the Florida legislature may attempt to pass a measure that will renew the requirement. If so, insurance companies will need time to re-program their computers, figure out new rates and apply for their approval. Fort Lauderdale Rep Ellyn Bogdanoff sums up the mess: "The companies simply do not have the capacity to turn around in 24 hours." In the meantime, Sam Miller of the Florida Insurance Council has a message for drivers with current PIP policies: "Your contract with the insurance company is not voided by PIP going away." Yes but… Florida drivers who renew or take out a new policy after October first may find that a wreck may leads to a court fight over fault.

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