Proposed Changes to Florida’s Auto Insurance Requirements

Recently the Florida House voted 88 – 15 to repeal Florida’s Personal Injury Protection (PIP) system.

Under House Bill (HB19) drivers would be required to purchase bodily-injury liability coverage at $25,000 per person and $50,000 per accident.

The Senate proposal (SB 150) would replace the PIP system in 2019 requiring all drivers to carry bodily injury coverage of $20,000 per person and $40,000 per accident as well as mandatory medical payment coverage (MedPay), of $5,000. Coverage would increase to $30,000 per person and $60,000 per accident after three years.

What does this mean for you? A likely increase in your premium depending upon on the area in which you live. Give us a call or schedule a meeting with one of our insurance agents to review your current auto insurance policy.

Benefits of Homeowners Insurance

Southwest Florida, namely Naples, Bonita Springs and Marco Island have some truly beautiful homes, and its beautiful weather and proximity to the ocean means that those homes are likely to increase in value as more and more people escape the cold winters up North.

While homeowners insurance may seem like just another bill you have to pay, it’s worth remembering that there are far more reasons to appreciate it rather than resent it.

1. Protecting Your Investment

Homeowners insurance is what saves you from having to make all of the repairs after harsh winds or rains come tearing through your neighborhood, or having to replace your possessions should you be targeted by thieves or vandals. The wealth in Naples and Marco Island makes these areas very attractive to criminals, and having the right protection can be crucial to keeping protecting the accumulated value of your property.


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