With Florida's no-fault auto insurance law due to expire in seven weeks, the state's chief financial officer announced that her Web site is posting information explaining what the legal change will mean for consumers.
CFO Alex Sink said by visiting MyFloridaCFO.com online and clicking on the "Life without No-Fault" link, the public can learn about the new insurance laws in effect after the sunset of No-Fault.
In the absence of legislative action, Florida's Motor Vehicle No-Fault Law will expire on Oct. 1, with the requirement to purchase personal injury protection (PIP) coverage. "Beginning Oct. 1, whether someone is at fault in an accident could make all the difference as to which driver will be liable to pay for damages," her statement noted.
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