Greed and More Greed
June 5, 2007
Personal Injury Protection should not be allowed to die
Dr. Steven Greenberg
Florida’s roadways are about to become more dangerous, its courtrooms more crowded and its residents left less protected — because Big Insurance wants to drop a less-profitable coverage option for the promise of higher rates down the road.
Since the 1970s, Florida drivers have been required to purchase Personal Injury Protection — PIP– also known as no-fault insurance. The inexpensive policy protects drivers and family members injured in car accidents, regardless of fault, with up to $10,000 in medical, loss-of-pay and even funeral benefits.
For the 40 percent of Floridians without health insurance, it is the only means of paying for medical costs related to a car accident.
