Florida

But I was actually in favor of this because we carry a huge amount of auto insurance Protections in case we would hurt someone and they would need medical care. Hopefully, it will reduce our rates because we pay a lot.

We have a friend who was hurt badly a few years ago. Someone ran a red light and totaled his vehicle and he ended up with a huge hospital bill and some rehab. At first they weren't sure he was even going to live. He got a whopping $10,000 from the other person's insurance policy and she owned nothing so there was nothing more to get from the person at fault. He got an attorney, who advised him to just collect on his own plan and I even asked him if his premiums will go up and he said his attorney assured him they won't. Well, guess what happened. Even though he wasn't at fault, his insurance went up even higher than it previously was.

I am familiar with this type of insurance and it more evenly distributes cost burdens. I guess we will wait and see what happens.