Staged accidents cost Florida drivers an extra $1,000,000,000 per year, because of medical payments or personal injury protection insurance rates. Florida drivers pay over 50% more than many other states.

The personal injury protection portion of car insurance premiums have been growing 30% per year in Florida, despite a reduction in car accidents.

Staged accidents occur when professional criminals get someone to rear end or run into them when they have the right of way. Then they incur medical bills up to Florida’s $10,000 no-fault limit. Many scummy car accident lawyers will hesitate to file fraudulent claims and run up legal fees.

Between the organized crime and personal injury lawyers, Florida drivers are being taken advantage of. Even if you have as spotless driving record, you have to subsidize those costs the insurers incur from fraud.

Florida has the highest rate of fraud in the US due to it’s no fault system. Florida no fault insurance was promoted as lowering litigation and car insurance cost by settling low value medical claims, but it’s done the opposite.

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Filed under: no-fault insurance

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