The National Insurance Crime Bureau is hailing a new Florida law that aims to deter predatory tow-truck practices and limit the fees that tow companies can charge.
House Bill 179 was signed by the governor in March and it will take effect July 1, addressing a problem that has grown in Florida and other states in recent years.
“Predatory towing places significant financial burdens on unsuspecting vehicle owners as hidden towing fees leaves individuals with an unexpected and hefty expense,” Eric De Campos, senior director of strategy, policy and government affairs for NICB, said in a news release.
DeCampos and other supporters of the bill have said that law enforcement agencies have reported that some predatory towing firms have swooped in after auto accidents and have charged as much as $10,000 for a single tow. Others have placed liens on cars and sold off the vehicles quickly, before owners could pay the fees, bill advocates have said.
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