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

In Florida, Personal Injury Protection (PIP) coverage is mandated by law for vehicle owners, and the maximum coverage amount is set at $10,000. This coverage is intended to provide immediate medical and disability benefits to the insured, regardless of who is at fault in an accident. The law stipulates that all motor vehicle insurance policies must include this coverage to ensure that individuals have access to necessary medical care following an accident, providing a layer of financial protection for medical expenses and lost wages as a result of injuries sustained.

While other coverage amounts are present in various forms of insurance, $10,000 is the specific cap for PIP as per Florida’s regulations. This ensures that individuals have a baseline level of protection while also allowing them the option to purchase additional coverage for a broader safety net if desired.