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.