As the price of driving a automotive in Florida soars, each Democratic and Republican lawmakers are supporting a plan to try to deliver down charges.
The final time lawmakers tried this, Governor DeSantis vetoed the invoice to do away with no-fault insurance coverage.
Florida drivers now pay extra for automotive insurance coverage than drivers in some other state, together with California, New York and New Jersey.
Sharon Haden moved to Southwest Florida from New Jersey and observed her charges didn’t come down.
“We’re paying virtually $4k annually for 2 vehicles. I did worth round… however it’s excessive coming from New Jersey. It’s excessive there however there wasn’t any sort of low cost after we moved,” Haden defined.
Based on Insure.com, Florida drivers now pay essentially the most for automotive insurance coverage. Drivers like Gabriella Foncenegro, a pupil, are noticing it. She mentioned she is paying $400 a month, which totals $4800 a yr for automotive insurance coverage.
Two payments launched by Republicans name for eliminating no-fault auto insurance coverage and PIP safety.
Reed McDaniel is an insurance coverage professional and owns McDaniel Insurance coverage Options. He believes eliminating PIP would save drivers about 2% on their annual auto coverage.
Whereas the financial savings might not sound like so much, he believes it could assist drivers as he predicts charges will quickly be rising even larger in Florida.
“Hurricane Ian will affect auto premiums in Florida,” McDaniel acknowledged.
Legal professional Dante Weston argues PIP, which pays for medical therapy and misplaced wages, should be changed.
“I believe if we do away with PIP and don’t exchange it with a minimal of $25k of bodily harm, it’s going to be an entire catastrophe for Floridians,” Weston predicted.
Democrats and Republicans assist SB 586 and HB 429. Nevertheless, some lawmakers fear that will not be sufficient since Governor DeSantis vetoed the same invoice in 2021.
“DeSantis offers into the insurance coverage trade so we’ve not seen any adjustments whereas the disaster has gotten worse for property insurance coverage and naturally, auto insurance coverage,” mentioned Anna Eskamani, Democratic Florida Consultant.
The governor’s workplace was requested if they’d assist the payments and didn’t reply by the point this story was written.
Ohio drivers pay the least for automotive insurance coverage a yr. They pay simply over $1,000 a yr.
Florida drivers pay greater than twice that.
