Auto insurance costs will come down slightly, more than a year after reforms aimed at reducing fraud in the state’s “no-fault” auto insurance system were implemented, according to a preliminary analysis of rates by the state.
The Office of Insurance Regulation announced Wednesday that Personal Injury Protection coverage is projected to drop an average of 13.2 percent based upon on a review of 20 insurers that provide coverage for more than 75 percent of the Florida market.
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