According to several Tampa Bay area billboards, television commercials and radio ads, those injured in an auto accident may be entitled to $10,000. Here is the truth: Florida is a “no fault” insurance state. This means that regardless of fault, your insurance picks up the tab for 80% of your medical bills and/or 60% of your lost wages up to $10,000.
The reality is that insured individuals, injured in auto accidents, rarely see a dime of money in their pocket from PIP benefits. Instead, the money goes toward the costs of medical treatment which can quickly exceed $10,000.
Auto accidents are potentially life altering events. It is important that you have an ally that is familiar with the recovery process. Monetary compensation is just one of many factors to consider. Do not rely on catchy slogans or promises of a big pay day. Do your research before choosing a doctor or lawyer to ensure that YOUR interests are protected.