No Fault/Personal Injury Protection(PIP) coverage: Florida law requires owners of vehicles to carry Personal Injury Protection (PIP) coverage. This coverage pays 80 percent of your medical bills to a total of $10,000.00. Effective January 1, 2008, the physician bills are paid pursuant to a Fee Schedule connected to medicare rates. The PIP insurance also pays 60 percent of any lost wages, although this coverage can be excluded. PIP coverage pays regardless of who is at fault, hence the term No-Fault. It is advisable to consult an attorney or lawyer following an accident to help the processing of PIP claims for medical bills or wages.