What does it mean that Florida is a no-fault state?

Since 1971, Florida has had a no-fault law, meaning that a driver who is involved in an accident would collect medical, disability, and other compensation from their own insurance company, regardless of whether or not they caused the accident. This means that you don’t have to wait for the two companies to argue over who is at fault for the accident. But, it also means that you are limited in what you can seek from the other driver for non-economic damages like pain and suffering.