Bill > H0733

This bill, titled the "Responsible Roadways Act," creates new financial responsibility requirements for motor vehicle owners and operators in Florida. The key provisions are: - Repeals the Florida Motor Vehicle No-Fault Law and eliminates the requirement for personal injury protection (PIP) insurance. Instead, motor vehicle owners and operators must maintain bodily injury liability coverage of at least $25,000/$50,000 and property damage liability coverage of at least $10,000. - Revises the security requirements and proof of such security that owners and operators of motor vehicles must provide. Insurers must notify policyholders of the changes to coverage requirements before January 1, 2020. - Allows for the suspension of driver's licenses and vehicle registrations if the required liability coverage is not maintained. - Makes various other changes to motor vehicle insurance laws, such as revising the required coverage amounts for for-hire passenger transportation vehicles and self-insurers. The bill is intended to ensure motor vehicle owners and operators maintain adequate financial responsibility to cover damages arising from accidents.

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https://www.flsenate.gov/Session/Bill/2019/733