My insurance agent explained to me that Florida law had...

My insurance agent explained to me that Florida law had changed to allow a person you were involved in an accident with to sue you for your home and all financial assets if you didn't carry enough auto insurance coverage. Is that true?

Your agent was likely speaking of the time period between October 1, 2007 and January 1, 2008 when Florida was a tort state instead of being a no-fault state as it normally is. The law requiring FL drivers to carry PIP sunset as of Oct 1, 2007 however legislation was signed soon...

Date: February / 27 / 2008
Link:

Car News Overview for February / 27 / 2008

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