what will that result in?
2007-04-27 05:08:38 · 3 answers · asked by spindymindi 3 in Business & Finance ➔ Taxes ➔ Other - Taxes
i think you are refering to no fault insurance as it is being reconsidered by the florida legislative body. olger h is partially correct but fails to realize in most accidents in florida the driver is assigned fault by law enforcement and is almost always citated for a traffic infraction. which changes the dynamics of "no fault" insurance
2007-04-27 15:30:04 · answer #1 · answered by amazed 3 · 0⤊ 0⤋
I think your talking about no fault insurance, possibly smaller payouts from insurance companies no fault doesnt work in Florida anyway because the state doesnt require everyone to have it. The way no fault works is for instance if I have no fault and you have no fault and we get into a wreck then your insurance pays your damages and my insurance pays mine no matter whos at fault. The problem is that I have liability insurance and you have no fault and its your fault then your insurance pays your damages and Im screwed.
2007-04-27 12:26:01 · answer #2 · answered by Anonymous · 0⤊ 0⤋
What the heck is a "no fault tax?"
2007-04-27 16:01:25 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋