How the Florida No Fault Act Affects PIP Insurance
The foundation of the Florida No-Fault Act, codified in Florida Statute § 627.736 is to provide swift and virtually automatic payment so that the injured insured may get on with his or her life without undue financial interruption. Indeed, Personal Injury Protection (“PIP”) insurance benefits are disbursed by the first-party insurance company regardless of the fault of the individuals involved in causing the injury. Covered individuals include the named insured, relatives residing in the same household of the named insured, individuals operating the insured motor vehicle, passengers in the motor vehicle, and other persons struck by the motor vehicle and suffering bodily injury while not an occupant of a self-propelled vehicle themselves.