Which law requires vehicle owners to have minimum insurance coverage of $10,000 for PIP and PDL?

The law that requires vehicle owners to have minimum insurance coverage of $10,000 for Personal Injury Protection (PIP) and Property Damage Liability (PDL) is the Florida No-Fault Law. This law was instituted to ensure that individuals involved in automobile accidents would have access to immediate financial support for medical expenses and property damage, regardless of who was at fault in the accident.

Under this law, PIP coverage provides benefits for medical treatment, lost wages, and other related expenses, thereby promoting swift recovery and reducing the burden on the healthcare system. Property Damage Liability ensures that victims of accidents receive compensation for damage to their property caused by the insured driver.

This focus on ensuring minimum coverage levels for both personal injuries and property damage emphasizes preventive measures in promoting road safety and protecting all road users.