What Is Personal Injury Protection (PIP) Coverage?
Answers from Our Knowledgeable Car Accident Attorney
Personal injury protection (PIP) coverage, often referred to as “no-fault car insurance” is the most common insurance coverage needed in no-fault states. This article will give a detailed explanation as to what is really meant by Personal Insurance Coverage.
PIP coverage defined
PIP coverage is a type of insurance which will assist in paying for your medical bills following a car accident, despite who was at fault for the crash.
A lot of states necessitate PIP coverage as a means of protecting its drivers from the delayed disbursement for personal injury claims, and also to minimize the amount of car accident lawsuits. Generally, PIP coverage limits the rights of the policyholder to sue. Even though you could still sue if you hold this kind of insurance, there are state laws in place which establish when you are actually able to sue.
What does PIP cover?
Just as suggested by the name, this type of insurance covers the expenses associated with your injuries if you get hurt in a car accident. Your state of residence and specific policy determine your coverage details, but no-fault insurance generally covers the following for both you and other car occupants after a crash: medical bills, lost wages, and funeral costs in case of death.
You should check with your insurance provider to know what is exactly covered in your auto insurance policy.
PIP often works together with your health insurance. You might have the choice of setting your health insurance as your primary form of injury coverage in the event of an accident. How you decide will affect what coverages are prioritized in case of an accident:
- Your health insurance benefits will cover your hospital bills FIRST.
- Your no-fault insurance will cover the expenses that exceed the limits of your health insurance.
If you decide to set your health insurance as your main form of coverage, then you might be capable of saving some money on your auto insurance through getting lower no-fault insurance limits. You should, however, discuss this with your health insurance and car insurance providers before settling on this decision. Various health insurance providers have restrictions when it comes to the coverage of injuries linked to car accidents.
Who needs PIP coverage?
This kind of protection is basically offered where it is needed. In few select states, it is not an option, and you can only decline the coverage if you accept particular restrictions on your rights to sue after an accident. Additionally, if you refuse the coverage, this should be done in writing.
PIP coverage and liability
Even though the states that necessitate PIP coverage are viewed as no-fault states, this doesn’t imply that determination of fault in an accident is totally out of the picture when it comes to financial liability. The states that require PIP coverage also necessitate liability car insurance, which assists in covering the injuries or even property damages sustained by others in accidents you cause. If you are at fault in an accident, the other driver’s PIP coverage will help cover their injuries first, and your liability will probably cover the expenses that exceed his PIP limits.
If you sustained injuries from an accident that took place in a no-fault state, seeking the services of an experienced car accident attorney is crucial. A good car accident attorney will help you receive full coverage under the terms of your insurance policy. Additionally, your attorney will take the necessary legal action to recover any amounts in excess of your coverage limits. Contact us to hire an experienced car accident attorney that will not let you down.