summary
Introduced
02/25/2025
02/25/2025
In Committee
03/03/2025
03/03/2025
Crossed Over
Passed
Dead
06/16/2025
06/16/2025
Introduced Session
2025 Regular Session
Bill Summary
An act relating to motor vehicle insurance; repealing ss. 627.730, 627.731, 627.7311, 627.732, 627.733, 627.734, 627.736, 627.737, 627.739, 627.7401, 627.7403, and 627.7405, F.S., which comprise the Florida Motor Vehicle No-Fault Law; repealing s. 627.7407, F.S., relating to application of the Florida Motor Vehicle No-Fault Law; amending s. 316.2122, F.S.; conforming a provision to changes made by the act; amending s. 316.646, F.S.; revising a requirement for proof of security on a motor vehicle and the applicability of the requirement; amending s. 318.18, F.S.; conforming a provision to changes made by the act; amending s. 320.02, F.S.; revising the motor vehicle insurance coverages that an applicant must show to register certain vehicles with the Department of Highway Safety and Motor Vehicles; conforming a provision to changes made by the act; revising construction; amending s. 320.0609, F.S.; conforming a provision to changes made by the act; amending s. 320.27, F.S.; defining the term “garage liability insurance”; revising garage liability insurance requirements for motor vehicle dealer license applicants; conforming a provision to changes made by the act; making technical changes; amending s. 320.771, F.S.; revising garage liability insurance requirements for recreational vehicle dealer license applicants; amending ss. 322.251 and 322.34, F.S.; conforming provisions to changes made by the act; amending s. 324.011, F.S.; revising legislative purpose and intent; amending s. 324.021, F.S.; revising definitions; revising minimum coverage requirements for proof of financial responsibility for specified motor vehicles; conforming provisions to changes made by the act; defining the term “for-hire passenger transportation vehicle”; amending s. 324.022, F.S.; revising minimum liability coverage requirements for motor vehicle owners or operators; revising authorized methods for meeting such requirements; deleting a provision relating to an insurer’s duty to defend certain claims; revising the vehicles that are excluded from the definition of the term “motor vehicle”; providing security requirements for certain excluded vehicles; conforming provisions to changes made by the act; amending s. 324.0221, F.S.; revising coverages that subject a policy to certain insurer reporting and notice requirements; conforming provisions to changes made by the act; creating s. 324.0222, F.S.; providing that driver license or motor vehicle registration suspensions for failure to maintain required security which are in effect before a specified date remain in full force and effect; authorizing drivers to reinstate suspended licenses or registrations as provided in a specified section; amending s. 324.023, F.S.; conforming cross references; amending s. 324.031, F.S.; specifying a method of proving financial responsibility by owners or operators of motor vehicles other than for-hire passenger transportation vehicles; revising the required and maximum amounts of a certificate of deposit required to elect a certain method of proof of financial responsibility; revising liability coverage requirements for a person electing to use such method; amending s. 324.032, F.S.; revising financial responsibility requirements for owners or lessees of for-hire passenger transportation vehicles; amending s. 324.051, F.S.; making technical changes; specifying that motorcycles are included in the definition of the term “motor vehicles” for purposes of the section; amending ss. 324.071 and 324.091, F.S.; making technical changes; amending s. 324.151, F.S.; revising requirements for motor vehicle liability policies relating to coverage, and exclusion from coverage, for certain drivers and vehicles; conforming provisions to changes made by the act; making technical changes; defining terms; amending s. 324.161, F.S.; revising requirements for a certificate of deposit that is required if a person elects a certain method of proving financial responsibility; amending s. 324.171, F.S.; revising the minimum net worth requirements to qualify certain persons as self-insurers; conforming provisions to changes made by the act; amending s. 324.242, F.S.; conforming provisions to changes made by the act; amending s. 324.251, F.S.; revising a short title and an effective date; amending s. 400.9905, F.S.; revising the definition of the term “clinic”; conforming provisions to changes made by the act; amending ss. 400.991 and 400.9935, F.S.; conforming provisions to changes made by the act; amending s. 409.901, F.S.; revising the definition of the term “third-party benefit”; amending s. 409.910, F.S.; revising the definition of the term “medical coverage”; amending s. 456.057, F.S.; conforming a provision to changes made by the act; amending s. 456.072, F.S.; revising specified grounds for discipline for certain health professions; defining the term “upcode”; conforming a provision to changes made by the act; amending s. 626.9541, F.S.; conforming a provision to changes made by the act; revising certain prohibited acts related to specified insurance coverage payment requirements; amending s. 626.989, F.S.; revising the definition of the term “fraudulent insurance act”; amending s. 627.06501, F.S.; revising coverages that may provide for a reduction in motor vehicle insurance policy premium charges under certain circumstances; amending s. 627.0651, F.S.; specifying requirements for rate filings for motor vehicle liability policies that implement requirements in effect on a specified date; requiring that such filings be approved through a certain process; amending s. 627.0652, F.S.; revising coverages that must provide for a reduction in premium charges under certain circumstances; amending s. 627.0653, F.S.; revising coverages that are subject to premium discounts for specified motor vehicle equipment; amending s. 627.4132, F.S.; revising coverages that are subject to a stacking prohibition; amending s. 627.4137, F.S.; requiring insurers to disclose certain information at the request of a claimant’s attorney; authorizing a claimant to file an action under certain circumstances; providing for the award of reasonable attorney fees and costs under certain circumstances; amending s. 627.7263, F.S.; revising coverages that are deemed primary, except under certain circumstances, for the lessor of a motor vehicle for lease or rent; revising a notice that is required if the lessee’s coverage is to be primary; amending s. 627.727, F.S.; conforming provisions to changes made by the act; revising the legal liability of an uninsured motorist coverage insurer; amending s. 627.7275, F.S.; revising required coverages for a motor vehicle insurance policy; conforming provisions to changes made by the act; creating s. 627.7278, F.S.; defining the term “minimum security requirements”; providing a prohibition, requirements, applicability, and construction relating to motor vehicle insurance policies as of a certain date; requiring insurers to allow certain insureds to make certain coverage changes, subject to certain conditions; requiring an insurer to provide, by a specified date, a specified notice to policyholders relating to requirements under the act; amending s. 627.728, F.S.; conforming a provision to changes made by the act; amending s. 627.7295, F.S.; revising the definitions of the terms “policy” and “binder”; revising the coverages of a motor vehicle insurance policy for which a licensed general lines agent may charge a specified fee; conforming provisions to changes made by the act; amending s. 627.7415, F.S.; revising additional liability insurance requirements for commercial motor vehicles; amending s. 627.747, F.S.; conforming provisions to changes made by the act; amending s. 627.748, F.S.; revising insurance requirements for transportation network company drivers; conforming provisions to changes made by the act; conforming cross-references; amending ss. 627.7483 and 627.749, F.S.; conforming provisions to changes made by the act; amending s. 627.8405, F.S.; revising the products and the policy for which a premium finance company may not finance costs when sold in combination with an accidental death and dismemberment policy; revising rulemaking authority of the Financial Services Commission; amending ss. 627.915, 628.909, 705.184, and 713.78, F.S.; conforming provisions to changes made by the act; amending s. 817.234, F.S.; revising coverages that are the basis of specified prohibited false and fraudulent insurance claims; conforming provisions to changes made by the act; deleting provisions relating to prohibited changes in certain mental or physical reports; providing an appropriation; providing effective dates.
AI Summary
This bill comprehensively reforms Florida's motor vehicle insurance laws by repealing the state's existing No-Fault Insurance Law and replacing it with a new financial responsibility framework. Here is a summary of the key provisions:
This bill eliminates Florida's current Personal Injury Protection (PIP) insurance requirements, effective July 1, 2026, and replaces them with a new mandatory bodily injury and property damage liability insurance system. Beginning July 1, 2026, all motor vehicle owners will be required to maintain liability insurance with minimum coverage limits of $25,000 for bodily injury to one person, $50,000 for bodily injury to multiple persons, and $10,000 for property damage. Drivers can meet these requirements through traditional insurance policies, self-insurance, or other approved methods. The bill also updates various related statutes to remove references to the old no-fault system and integrate the new liability coverage requirements. Insurers must provide notice to policyholders about these changes by April 1, 2026, explaining the elimination of PIP coverage and the new mandatory liability coverage. The bill allows existing policies to continue until they are renewed, canceled, or nonrenewed after July 1, 2026, and provides mechanisms for policyholders to adjust their coverage. Additionally, the legislation includes provisions to combat insurance fraud, update insurance reporting requirements, and make technical changes across multiple sections of Florida's insurance and motor vehicle statutes.
Sponsors (2)
Last Action
Died in Banking and Insurance (on 06/16/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.flsenate.gov/Session/Bill/2025/1256 |
BillText | https://www.flsenate.gov/Session/Bill/2025/1256/BillText/Filed/HTML |
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