Illegally Staged Accidents Continue to Drive Up Florida Insurance Rates

Car accident involving multiple vehicles

A steady rise in staged car accidents in Florida may mean the elimination of one form of insurance in an attempt to stop fraudulent activity.

As the cost of insurance is driven up by illegally staged accident rates, consumers suffer higher costs sometimes referred to as “fraud taxes”. A Florida report states that the cost of fraud in Florida is around $1 billion a year, which insurance agencies attest is one of the highest in the country. Some lawmakers hold the no-fault law accountable for this statistic and are calling for action.

A newly proposed plan, which would end the no-fault insurance standard that’s been Florida law since the early 1970’s, hopes to put an end to $10,000 Personal Injury Protection coverage that pays for injuries regardless of who was at fault at the time of the accident. Colorado had a similar no-fault law and once the decision was made to drop it saw drivers save an average of 35% for their coverage. Initial attempts to change the no-fault law in 2012 were passed but are facing challenges in court.

Steinger, Greene & Feiner would like to encourage drivers to be aware of their surroundings and weary of circumstances that seem suspicious. Being waved through an intersection, intentionally erratic braking and exaggerated injuries could all be traps for insurance fraud. We run prior claim checks against each of our potential clients to ensure we are providing the most honest, legitimate service as a personal injury office. If you’ve been wrongfully injured in an accident, contact us today at (800) 560-5059 or click here for a free injury lawyer consultation to find out more about your rights and what we can do to help you.

About The Author

Michael Steinger

Michael Steinger

The Florida BarFlorida Bar Young Lawyers DivisionMillion Dollar Advocates ForumMillion Dollar Advocates ForumBest Workers Compensation Attorneys in MiamiBest Car Accident Lawyers in MiamiLawyers of distinction

MICHAEL S. STEINGER, founding partner of Steinger, Greene & Feiner, believes in representing real people, not big businesses. Since the firm’s creation in 1997, Steinger, Greene & Feiner has never represented an insurance company or large corporation, and he vows to keep this promise. Over the course of his career, Michael has handled thousands of Florida accident cases, recovering millions of dollars for his clients and earning him membership into the Multi-Million Dollar Advocates Forum. Staying up-to-date on the ever-evolving laws protecting injury victims and their families, Michael is an active member of the American Bar Association, the Palm Beach, and St. Lucie Bar Associations, and sits on the Auto Insurance Committee of the Florida Justice Association.