Repeals no-fault insurance system and replaces PIP with new mandatory bodily injury and property damage liability coverage framework. Increases additional commercial liability insurance.

Repeals state's no-fault insurance system and replaces it with a new mandatory bodily injury and property damage liability coverage framework. Beginning July 1, 2026, eliminates personal injury protection (PIP) insurance and requires all motor vehicle owners to maintain minimum liability insurance coverage of $25,000 for bodily injury or death to one person, $50,000 for bodily injury or death to two or more persons, and $10,000 for property damage. Modifies numerous statutes across multiple sections of Florida law to remove references to PIP coverage and adjusts insurance requirements for various types of vehicles, including commercial vehicles. Those changes are, from 50 to 60 thousand dollars per occurrence for a commercial motor vehicle with a gross vehicle weight of 26,000 pounds or more, but less than 35,000 pounds. And 120 thousand dollars per occurrence for a commercial motor vehicle with a gross vehicle weight of 35,000 pounds or more, but less than 44,000 pounds.

Pending Committee action. Same as HB 1181.

02/25/2025 Filed in Senate.
03/03/2025 Referred to Senate Committees on Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; and Rules
03/04/2025 Introduced in Senate.