Palm Beach Post – Charles Elmore
Florida’s more than 15 million drivers could save an average of $81 a car — if the state drops its costly and troubled no-fault Personal Injury Protection system after four decades, a study released Wednesday shows.
That amounts to about $1 billion a year in savings for Florida households, potentially a huge dose of relief for beleaguered drivers in a state where motorists pay the nation’s fourth highest insurance bills.
The savings apply if state lawmakers vote to kill PIP without imposing new requirements that offset the impact.
That’s a big if.