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June 30 2021 – Exciting news coming out of Tallahassee last night. Governor Ron DeSantis has officially vetoed legislation that would have ended Florida’s no-fault law. Critics argued the bill would raise insurance rates for Florida drivers.
 
Senate Bill 54 finally made its way to the Governor’s desk on Monday. The proposed bill would end the requirement that Florida residents purchase $10,000 in PIP coverage and in place would require mandatory bodily injury coverage that would pay out up to $25,000 for a crash-related injury or death.
 
In the Governor’s veto letter, he says, "While the PIP system has flaws and Florida law regarding bad faith is deficient … SB 54 does not adequately address the current issues facing Florida drivers and may have unintended consequences that would negatively impact both the market and consumers.” 
 
 
Information provided by Ged Lawyers.