The following is an overview of the facts and figures surrounding no fault insurance fraud:
- The Insurance Research Council estimates that one claim in ten made under Florida’s no-fault insurance system is outright fraud
- The Institute estimates that one in three claims made under the law is exaggerated or overbilled
- 27% of personal injury protection claims involve a visit to a pain clinic
- 33% of personal injury protection claims involve an MRI, an expensive diagnostic test
- 43% of personal injury claims include chiropractic care
- Auto insurance fraud cost Floridians $658 million in higher annual insurance premiums in 2011
- Florida ranks top in the nation for questionable auto insurance claims tied to staged accidents, with more than 3,000 in 2009
- Florida had nearly twice as many questionable auto insurance claims tied to staged accidents as New York and California in 2009
- For a typical 24-year-old male driving a paid off 2006 Honda Accord, he would pay between $96 and $656 annually for $10,000 worth of PIP coverage in Pensacola, as compared to $1,168 and $2,820 a year in Hialeah, an area well known for fraud
- Lawmakers estimate no fault insurance fraud abuse cost the state of Florida $1 billion in 2011
