Bad News for Florida Auto Insurance Quotes
The car insurance fraud in Florida related to PIP insurance is rampant, and a recent inquiry showed that there is little hope something can be done to fix it. According to the Bradenton Herald’s “For Florida Gov. Rick Scott, Cabinet, a windfall of bad insurance news,” no one is willing to work together to find a solution to this car insurance fraud. The consumers, insurers, lawyers, doctors, hospitals, and clinics involved in the inquiry all had their own best interests in mind and could not find a common ground. Florida auto insurance quotes have gone from $500 to $3,000 for one company in only three years because of the PIP fraud.
Florida requires residents to carry $10,000 of PIP, or personal injury protection, coverage. Unfortunately, crooks have been staging accidents, filing fake claims, and working with lawyers and medical professionals to carry out fraudulent acts related to the PIP insurance coverage. Miami and Tampa have the worst PIP fraud, but it is all over Florida. Auto insurance companies are at a loss and are hoping that some legislation in 2012 will help with this insurance fraud problem. But officials in the state said that auto insurance companies are not as forthcoming with their data as the researchers would have liked. The bottom line is that everyone needs to work together to get this problem under control.
Written by Sara Smart
Follow me on Twitter: https://twitter.com/#!/SaraSmart55