What is the maximum coverage amount for PIP under Florida law?

The correct coverage amount for Personal Injury Protection (PIP) under Florida law is $10,000. This amount is mandated by Florida statutes to provide immediate medical and disability benefits to policyholders involved in motor vehicle accidents, regardless of who is at fault. PIP covers a range of expenses, including medical care, lost wages, and death benefits, ensuring that individuals receive prompt assistance in the aftermath of an accident.

By law, all drivers must carry a minimum of $10,000 in PIP coverage. This requirement is in place to help alleviate the financial burden associated with medical treatment and other costs stemming from an auto accident. Since PIP is a no-fault insurance, it plays a crucial role in providing financial security and facilitating quicker access to necessary services after an accident.