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After Two Recent Earthquakes, Peabody Will Host a Public Forum to Address Concerns – NECN
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Supporting Our Schools – NECN
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The New NECN Local News and Weather App Is Live!
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Your car insurance rate could change with the stroke of the pen.
Gov. Ron DeSantis may sign a law that would end no-fault car insurance and replace it with minimum levels of coverage.
DeSantis said he is facing pressure from both sides of the issue.
State lawmakers approved the bill last month.
New numbers show how much your wallet could be impacted if he signs it. One study finds average premiums could go down by 5% while another discovered premiums would actually go up anywhere from 5% to 50% depending on the coverage you currently have.
Florida passed the current no-fault system in the 1970s to streamline court proceedings. Instead of suing over minor crashes, all Florida drivers had to buy no-fault insurance. The no-fault insurance covers medical treatment and some lost wages up to $10,000.