As you are probably aware, Florida is a No fault state for car insurance. The principal idea behind the No fault insurance law is to compensate the covered by insurance party in a car accident, irrespective of who is at fault. The insurance plan limits and the particular situation will determined what the pay out amount really 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 would need your insurance probably the most, these limits will hardly be sufficient. Its highly recommended to obtain cover well above the expected minimum.

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

1. You can still take legal action against the at fault person - Its wrong to assume that you can not take someone to court because of the No fault law. However, specific conditions must be met. There are two types of thresholds you must be aware of. Verbal threshold, death or significant disfigurement, and monetary threshold - big dollar sums for medical bills.

2. If asked, you need to agree to independent examination - In order for the Florida No Fault insurance law to function correctly, independent medical examination is necessary. Your insurer has the right to ask for an unbiased examination and the doctor is chosen by the insurance provider also. If you decline to be examined than your insurance policy will probably be cancelled.

3. You aren’t protected 100% by Personal injury protection - Its a widespread mistake to assume that Personal injury protection will cover all medical charges and fees. In fact, PIP only covers 80 percent . And lets not forget the deductible amount. . Here is a quick example.

- Total Medical Expenses:$10,000
- Percentage payable under PIP statute:80 percent
- Benefits due but for the deductible:$8,000
- Less deductible:$2,000
- Benefits payable:$6,000

Being familiar with Florida No-Fault insurance law will undoubtedly help you find the right policy for you. Ask your insurance agent as many questions as you can and never rush into purchasing a policy before you feel absolutely comfortable with your decision. Do not just stick to 1 insurer - compare quotes from at least 3 insurance providers.

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