What is the insured's position under the Florida No-Fault Law when total medical and work loss exceeds PIP benefits without exceeding a threshold?

Under the Florida No-Fault Law, once an insured's total medical and work loss exceeds the limits of Personal Injury Protection (PIP) benefits but does not surpass a certain threshold, the insured retains the right to pursue legal action for economic losses that are not covered or payable by PIP. This means that although PIP provides a certain level of financial compensation for medical expenses and lost wages, if those expenses surpass the PIP limits, the insured can seek recovery for those additional economic costs.

The key aspect of this law is that it allows for legal recourse pertaining specifically to economic losses, such as medical bills and lost income, even after PIP benefits are exhausted. This provision is crucial as it acknowledges that PIP may not fully address all financial repercussions stemming from an accident.

Understanding this provision aids individuals in navigating their rights and potential benefits after an injury, particularly when they face significant medical expenses or loss of income that exceeds PIP coverage.