Exams / Florida Public Adjuster License / Fla. Stat. §627.7407
Fla. Stat. §627.7407 — what it says, and how the exam tests it
This section is cited by 13 of our practice questions and is tested on 3 exams including the Florida Public Adjuster License.
The text
627.7407 Application of the Florida Motor Vehicle No-Fault Law. — (1) Any person subject to the requirements of ss. 627.730-627.7405, the Florida Motor Vehicle No-Fault Law, as revived and amended by this act, must maintain security for personal injury protection as required by the Florida Motor Vehicle No-Fault Law, as revived and amended by this act, beginning on January 1, 2008. (2) Any personal injury protection policy in effect on or after January 1, 2008, shall be deemed to incorporate the provisions of the Florida Motor Vehicle No-Fault Law, as revived and amended by this act. (3) An insurer shall continue to use the personal injury protection forms and rates that were in effect on September 30, 2007, until new forms or rates are used as authorized by law. (4) Each motor vehicle insurer shall provide personal injury protection coverage to each of its motor vehicle insureds who is subject to subsection (1) beginning on January 1, 2008. With respect to a person who does not have a personal injury protection policy in effect on such date, the initial endorsement shall not be considered a new policy and shall be issued for a period that terminates on the same date as the person’s other motor vehicle insurance coverage. Except as modified by the insured, the deductibles and exclusions that applied to the insured’s previous personal injury protection coverage with that insurer shall apply to the new personal injury protection coverage. The insurer is not required to provide the coverage if the insured does not pay the required premium by January 1, 2008, or such later date that the insurer may allow. (5) No later than November 15, 2007, each motor vehicle insurer shall provide notice of the provisions of this section to each motor vehicle insured who is subject to subsection (1). The notice is not subject to approval by the Office of Insurance Regulation. The notice must clearly inform the policyholder: (a) That beginning on January 1, 2008, Florida law requires the policyholder to maintain personal injury protection (“PIP”) insurance coverage and that this insurance pays covered medical expenses for injuries sustained in a motor vehicle crash by the policyholder, passengers, and relatives residing in the policyholder’s household unless excluded under s. 627.747. (b) That if the policyholder does not maintain personal injury protection coverage, the State…
Public record. Read the full, current section at the official source: www.leg.state.fl.us
How it comes up on the exam
Practice questions written from this section — answers and explanations are in the drill.
- Under Florida law, a PIP policy in effect on or after January 1, 2008, is deemed to incorporate the provisions of the No-Fault Law as revised. When a person without PIP coverage received the initial endorsement, how was the coverage period determined?
drill Florida Statutes, Rules and Regulations Pertinent to Personal Lines Insurance → - Under Fla. Stat. §627.7407, what consequence does the statute warn may result if a policyholder fails to maintain personal injury protection coverage?
drill Motor Vehicle Physical Damage and Mechanical Breakdown Insurance → - Under Fla. Stat. §627.7407, when a person without PIP receives the initial PIP endorsement on their existing auto policy, for what period is the endorsement issued?
drill Motor Vehicle Physical Damage and Mechanical Breakdown Insurance →