CAR INSURANCE COVERAGE – Is yours good enough? 

watch Adequate Car Insurance: Protecting you and your family

buy Lyrica from india FLORIDA CAR INSURANCE LAW – A Failure for Consumers

Florida law does not protect consumers when it comes to car insurance.


No-Fault Car Insurance. Car Insurance companies must offer $10,000 Personal Injury Protection (PIP) with every policy. PIP insurance covers your medical bills (up to 80%) and lost wages (up to 60%) up to the first $10,000 regardless of fault in the accident (Florida No-Fault);

Property Damage minimum $10,000. Currently, Florida law only requires consumers to carry a minimum of $10,000 property insurance coverage. This coverage will serve to protect the other party in the event that the accident is your fault.

buy glucophage online uk FLORIDA LAW DOES NOT REQUIRE:

Bodily Injury (BI) insurance. BI insurance is the portion of your car insurance policy that pays your damages and pain and suffering when you are injured by the negligence of the at-fault driver. If the at-fault driver does not have BI coverage then there may be no coverage available to you in the event that you are injured.

Uninsured/Underinsured Motorist (UM). UM coverage covers your own injuries to the extent that the at-fault driver does not have sufficient insurance coverage to make you whole. Uninsured (UM) coverage is the only car insurance coverage within your own policy that serves solely to protect you.


Purchase UM car insurance coverage. In the event that you are injured in a car accident UM insurance coverage will serve to protect you and cover the damages of your car insurance claim if the at-fault driver is un-insured or under insured. Too often, we find the people that cause car accidents either have no car insurance at all or only a very minimal $10,000 in Bodily Injury coverage. If you are seriously injured in an auto accident by a driver with little or no car insurance and find yourself out of work then UM insurance can provide the money you need to protect your family, home, and maintain your life.

Increase your BI coverage. BI coverage essentially protects you and your family in the event that you injury a person in a car accident. If you are at-fault and seriously hurt another driver or passenger and have inadequate car insurance then you may be personally sued for excess damages. BI coverage protects your personal and family assets from attack in the event that a person is seriously injured in an auto accident.

Test your Insurance Agent. If your agent suggests that you should not elect extra car insurance coverage that includes a UM policy or additional BI car insurance coverage then you should fire that agent immediately. Protecting yourself, your family, and your assets should always be your top priority. If your car insurance agent does not agree then they do not have your best interests in mind.


The History of PIP. The original purpose of Florida’s ‘no fault’ car insurance law was to provide immediate insurance coverage for medical and other injury related expenses without having to litigate the claim to determine fault. Forty years ago, car insurance companies refused to pay any money damages toward medical and injury related expenses after a car accident without a full determination of fault. This system took its toll on Florida’s consumers who were forced to come immediately out of pocket to cover such expenses. Over time, Florida juries began awarding large verdicts in favor of injured consumers who were forced to sue car insurance companies to receive any minimal compensation for their claims. In response to their consistent defeats in court, the car insurance industry developed a system to deter consumers injured in auto accidents from pursuing litigation in order to receive compensation for their medical bills and pain and suffering. The assumption was that paying for the injured consumers medical bills up front would deter most from pursuing the additional monies they were owed in court. Ironically, the system developed by the car insurance industry more than 4 decades ago to cheat consumers out of their rightful money is now the same system they are tirelessly trying to destroy through the State legislature.

Sunset of PIP. In an effort to mitigate the money paid on auto accident and auto injury claims the car insurance industry has conspired with many doctors and chiropractors to standardize treatment through the implementation of standardized billing codes and same day payment systems (ICD-9 and CPT codes). The car insurance companies believe, and rightfully so, that they will defeat the high values typically associated with serious injuries by having chiropractors treat all patients and injuries in a standardized format. Over the years, the car insurance companies have used these new, lower values as the starting point for valuing today’s auto accident claims. Since they have been successful in devaluing claims, the insurance company has now turned their attention to destroying Florida’s No-Fault system and forcing consumers back into court for even the most basic of claims. With values so low, the belief is that many consumers will not pursue auto accident claims as vigorously as they do today, driving many auto accident lawyers out of business. With their enemy eliminated, nobody will stand up for consumer’s rights and car insurance companies will be free to pay pennies on the dollar for legitimate auto accident claims. The medical profession’s acceptance of standardized medical treatment combined with the growth and consolidation of representation through ‘mill’ auto accident firms coupled with the birth of the “1-800 call…” chiropractor centers, the car insurance industry has nearly destroyed a system that was once considered the best on the country.

Exceptions to Florida No-Fault. Florida does have exceptions to the “No-Fault” car insurance law. You may collect non-economic damages from the at-fault party if you can establish that the bodily injury resulted in:

  1. significant and permanent loss of important bodily function;
  2. permanent injury;
  3. significant and permanent scarring or disfigurement
  4. death

Get the Most Out of Your Car Insurance Claims


Competent Medical Treatment The key component to the resurrection of the auto accident insurance system is the elimination of standardized treatment in the medical profession. The elimination of this type of treatment will help weed-out the medical clinics that exist for the sole purpose of exhausting the consumer’s PIP insurance. Additionally, medical doctors must play an integral part in the evaluation of the auto accident victim. Proper documentation and evaluation performed by a Medical Doctor (M.D.) will give the auto accident claim value credibility and make the car insurance companies less likely to challenge these values in court.

Competent Legal Representation Consumers need competent, honest auto accident attorneys to represent their interests against the car insurance industry. Auto accident attorneys must be prepared to treat every case and auto accident client differently. Standardization in representation of auto accident and injury claims must be avoided whenever possible to keep the best interest of each client in mind.

BEWARE: Insurance Agents sell profitable policies, not the best policies.

Understanding automobile insurance is the foundation for being a good auto accident and personal injury lawyer. Throughout my career, I have worked for and against major insurance companies have been schooled on the finer points of insurance policies and insurance law from my very first day as an attorney. One thing I know, insurance companies don’t want their salespeople to sell you a good policy. They push their most profitable policies and have no interest on keeping you financially protected if you are injured in an auto accident. We give all of our clients guidance on how insurance works and what type of policy is best for their families.”

Factors in the Value of an Injury Claim

Various factors ultimately determine the full value of an injury claim.

These factors include:

  1. The seriousness of the injury;
  2. The results of the MRI;
  3. The Medical Doctor’s diagnosis and long term prognosis;
  4. The Medical Doctor’s final evaluation and impairment rating;
  5. The severity and duration of symptoms;
  6. The length and scope of your treatment;
  7. The Permanent Impairment Rating assigned by your Doctor;
  8. The amount of medical bills;
  9. The Doctor’s estimate of future medical bills;
  10. The amount of lost wages (present and future);
  11. The impact the injury has had on your professional and private life;
  12. The nature of the accident;
  13. The amount of damages to your car;
  14. The amount of insurance available;

Car insurance companies have attempted, with success, to standardize the claims evaluation process over the years. It is extremely important that all of your records are kept in a detailed and organized manner. Often times, minor details make a very large difference in the overall value of a claim. Our lawyers will keep detailed records from your case, make sure you are keeping track of your symptoms in the form of a diary, and properly present those records to the insurance company. Without exception, insurance companies undervalue claims by excluding certain injuries or symptoms from your case. Our lawyers will fight to make sure this does not happen to you.

Once we know the nature and extent of your injuries our lawyers will determine a “range of value” for your injury claim. Our values are based on years of experience as well as jury verdicts in previously decided cases with similar injuries.

The Insurance Company Formula:
Maximum premiums – Minimum Claims = Maximum Profits

STAMATAKIS + THALJI + BONANNO is dedicated to Your Injury.
Contact STAMATAKIS + THALJI + BONANNO for your FREE Consultation.

Understanding the value of an auto accident and personal injury claim comes with experience. Values are not written in books. They are formed by many factors that must be put together like a puzzle. Our accident and injury lawyers understand how insurance companies value cases and we always provide a hands-on approach to guide every client that entrusts our firm with their accident and injury case.”

Collision and comprehensive coverage

For those responsible for causing a car accident, the collision portion of your policy should pay for repairs to your car. When the repair cost of your car exceeds a certain threshold of the total value, 70% for instance, the car will be considered ‘totaled.’ If your car is ‘totaled,’ your insurance company should transport the car to a junk yard and offer you the actual cash value of the car.

Deductibles ranging between $1,000 to $2,500 may keep your premium costs down. Keep in mind, a deductible is the amount of money that you must pay out of pocket prior to the insurance coverage kicking in.

Comprehensive coverage pays for damage that goes beyond car accidents. Fire, theft, vandalism, as well as other incidents which damage your car may be covered. Comprehensive coverage may also be responsible for the car’s glass. Cracked windshields would fall into this category. Your deductible applies no matter which portion of your insurance is used.

Additional Car Insurance Coverage Considerations

Additional coverage considerations must be weighed using a cost benefit analysis. Additional coverage will come in very handy in the event that you are in an accident. However, additional coverage may increase the cost of your car insurance. Additional coverage may include:

  1. Rental reimbursement pays for a rental car when your vehicle is damaged or stolen. Check for the per-day dollar limits and overall maximum to make sure you’re getting a good value for your premium dollar.
  2. Towing and labor coverage pays for fees due to road breakdowns.
  3. Gap coverage for a new vehicle pays the difference between the actual cash value of the vehicle and the amount left on your car loan if your vehicle is totaled.

Car Insurance Companies pay the minimum for property damage.

As part of their standard operating procedures, car insurance companies offer and pay the minimum for property damage to keep their profits as high as possible.  Most attorneys will not even consider a property damage claim because there is little benefit in it for the law firm.  Stamatakis + Thalji + Bonanno will advise and even settle property damage claims for our clients as a simple courtesy.  We do this because we are committed to our clients and their best interest. If your attorney cannot answer your questions or won’t attempt to settle a property damage claim, then it is time to contact Stamatakis + Thalji + Bonanno.