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No Fault May Be Saved

September 18th, 2007 by Mike Vasilinda

No Fault Auto insurance, which pays up ten thousand dollars in medical bills, no matter who causes an accident, is slated to go away on October First. But as Mike Vasilinda tells us, pressure is building at the state capitol to try and save the 30 year old auto insurance program.

Hear it Here: No Fault May Be Saved

If No Fault goes away October first, Florida will be just one of three states to not require some form of mandatory auto insurance. As the deadline nears, editorial boards and consumer groups are putting pressure on at the capitol to do something….so for the first time, everyone involved is talking.

So far there have been two full days of negotiation, and the good news, according to those who have been in the room, is that nobody has gotten up and walked out in a huff..…yet. Ralph Glatfelter of the Hospital association has been fighting as hard as anyone to keep no fault. He is optimistic “ “We’re having a lot of good discussion and agreement on some things..a lot of disagreement on other things. Whether this will all come together, I don’t know.” says Glatfelter.

On the other side, a consumer group funded in part by State Farm.
Allison North Jones of Floridians for Lower Insurance Costs thinks No Fault is done.

“As of right now, the two sides, and the House and Senate remain very far apart. House and Senate negotiators have not been in these meetings the governors office has held, and I think at this point I would still expect an October first sunset.” says North Jones.

Charlie Crist says If the talks keep progressing, he’ll add No Fault to the legislatures October special session

“You know,” says the Governor, “as we get closer, I’m certainly willing to add that to the call. I don’t know we’ll do that yet, or not.”

Everyone’s no fault coverage won’t expire on October first…But drivers should call their insurance agents now, so they know what to expect.

Posted in Business, Charlie Crist, Legislature, State News | 1 Comment »

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