by renditioner » Thu Aug 14, 2008 06:30 am
Personal injury protection (PIP) insurance is a measure you can take to cover for the medical bills you would have to pay in case you suffer any injury in an accident regardless of who is at fault. Accidents can be very taxing, painful in the body as well as to the pocket. If you have personal injury protection, you can stop worrying about any medical bills.
What does PIP cover?
Personal injury protection insurance covers the charge accrued in case of an emergency situation and simultaneous health care treatment when an accident occurs. This coverage protects the driver and the passengers of the driver's car. PIP insurance covers the policyholder, his family member and relations that he has named, the passengers in his car, permitted drivers and in some cases and specific states, any insured individual who gets injured while riding in the car. A pedestrian who gets hit by the vehicle is also covered under this policy.
PIP also provides coverage for lost wages and damages caused due to pain and suffering. You can receive payouts up to the maximum limits of the plan.
With PIP you can cover the cost of:
PIP also provides coverage for lost wages and damages caused due to pain and suffering. You can receive payouts up to the maximum limits of the plan.
With PIP you can cover the cost of:
- Medical costs
- Transportation in case of medical emergency
- Lost wage
- Death by accident
- Funeral and burial expenses
- Benefits to survivor
- Costs of childcare while you or a passenger in your is being treated in the hospital
- Loss of companionship (conditions apply)
How much does personal injury protection pay?
PIP can give you a payout of up to its maximum limit. However, usually there is a cap to the amount paid out under PIP and this level varies from one state to another. While on some states the coverage is considerably lower than what it costs for repair and the medical bills, the policyholders or motorists are asked to purchase additional insurance. These additional insurance includes bodily injury protection, uninsured and underinsure motorist coverage. Many mistake PIP and bodily injury to be the same. However, there are differences between PIP and Bodily Injury coverage.
Why would you purchase personal injury protection?
Having personal injury protection means that you can do away with the need to file a lawsuit since it functions regardless of who is at fault. In no-fault states requiring PIP, the drivers are not allowed to sue anyone for damages. They have to make a claim with their own insurance company. They can only pursue damages from another driver at fault if the damages incurred reach a set limit. In case of a death or very serious injuries, the injured party can sue the other driver and can receive payouts beyond the PIP payout cap.
Which are the states where PIP is mandatory?
- Delaware
- Florida
- Hawaii
- Kansas
- Kentucky
- Massachusetts
- Michigan
- Minnesota
- New Jersey
- New York
- North Dakota
- Oregon
- Pennsylvania
- Utah
- Texas
PIP is mandatory in few states and in others it is offered as a choice. It depends on your state's auto insurance laws whether you are required to purchase PIP coverage.
Related Discussions:
Hello people ,I am in a predicament now.Imagine I have a Personal Injury protection and I had an accident while travelling in a car with 4 other people. That's why I need to ask- what does pip cover ?? Will it cover the medical expenses for all the people,who were in the vehicle at the time of the accident? or is it just me?Do the other people also need to have a policy similar to the one I have or any other policy to cover their medical bills ?
Posted: Thu Aug 08, 2013 11:11 pm Post Subject: pip
if you have insurance do pip still have to cover you
Posted: Thu Aug 08, 2013 11:11 pm Post Subject: pip
if you have insurance do pip still have to cover you
Posted: Thu Aug 08, 2013 11:11 pm Post Subject: pip
if you have insurance do pip still have to cover you
Posted: Thu Aug 08, 2013 11:11 pm Post Subject: pip
if you have insurance do pip still have to cover you
Posted: Thu Aug 08, 2013 11:16 pm Post Subject:
MI PIP is set based on your area (mainly). It's certainly not set on wages as your carrier has no info on this. Your driving history is probably the other biggest factor.
Posted: Fri Sep 12, 2014 05:43 am Post Subject: 2 cars/1 policy
Location: Texas
Hey all,
Okay my partner and myself had separate policy through Farm bureau. Full coverage policy and we both have the same coverage.
30/60/30
Pip 10, 000
Uim 30/60/30
So as two different drivers we had 10, 000 in pip eash. So now that we combined policy is the only 10, 000 in pip. Or do you still have 10, 000 per person.
Thanks is advance.
Jessica
Posted: Thu Sep 03, 2015 08:03 am Post Subject:
also some PIP tips - http://findusainsurance.com/personal-injury-protection/
As I understood, getting PIP is not compulsory, if you have some other kind of medical coverage but it covers many other kinds of additional services. it's not obligatory in my state but think it'll be useful
Posted: Thu Sep 03, 2015 01:32 pm Post Subject:
So as two different drivers we had 10, 000 in pip eash. So now that we combined policy is the only 10, 000 in pip. Or do you still have 10, 000 per person.
You did not combine the policies, you either kept one of created a new one with set limits. The limits listed are the limits.
Posted: Fri Mar 16, 2018 03:44 am Post Subject: Kentucky PIP Question
I was in an accident earlier this year. ER bill for passenger 1 was 22,000. ER bill for passenger 2 was 17,000. Passenger 3 was taken to different hospital and er bill was 5,000. I submitted er bills to car ins company and asked to self direct pip and receive check for $24,000.
Passenger 1 hospital bill settled for 1,900.00
Passenger 2 hospital bill settled for 1,100.00
Passenger 3 hospital bill settled for 1,100.00
Is this overage i received of $20,100 due back to insurance company or is it like getting a quote for body work on vehicle and then getting work done for less or not at all?
Thanks
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