What Is Personal Injury Protection (PIP), How Can I Use It

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Personal Injury Protection and You

Have you heard or seen the abbreviation PIP before? Maybe you have seen it on your car insurance policy? What is it? PIP stands for Personal injury protection. Now, what is Personal injury protection you may ask? Personal injury protection is a type of insurance to pay for medical expenses and lost wages, related to a car accident. Personal injury protection is a type of insurance coverage that is sometimes called “no fault” coverage. Some auto insurance policies may come with it automatically while for other policies, it is additional coverage. Some states require that PIP is mandatory on every auto policy written. Many times those states are known as “no fault” states. PIP primarily covers medical expenses. But sometimes it will cover the pay you lost from being off work with an injury and even other damages depending on your unique situation. The actual expenses paid for depend on your individual insurance policy. In Maryland, drivers are provided $2,500.00 in coverage unless it is waived. You can purchase additional coverage for an additional fee.


Personal Injury Protection –Is a financial protection for you


When you pay for personal injury protection, you are paying for medical coverage to help pay for your injuries and sometimes other coverage such as lost wages to help you pay other financial responsibilities from an auto accident. Depending on the state and insurance carrier, PIP can also pay for the medical expenses of other people riding with you in the vehicle. When you are involved in an accident as far as the PIP insurance is concerned, it doesn’t matter who is at fault in the automobile accident. This coverage can help you pay some of your medical expenses. If you are the listed as the insured on the auto policy, and you are driving in the automobile accident, and you have medical care that needs to be paid for, you will make a claim with your own automobile insurance company. In some states, personal injury protection insurance goes as far as to provide unlimited medical and rehabilitation reimbursement to the medical facility treating you or it pays for your lost time at work. But this premium coverage is not the case in all states and does not come with all insurance policies. Be sure to check with your individual insurance policy to see what the coverage and limits are for you personally. 


Personal Injury Protection—Is it really necessary? 


You may already have health insurance and wonder, do I need Personal injury protection? First, you need to contact your local car insurance provider and ask if personal protection insurance is required by law in your state. Then, if it is not required by law, you do well to ask the insurance provider, if you already have the coverage on your policy. If you do not have personal injury protection coverage on your policy currently, ask the insurance provider what the cost of the insurance would be and what would it pay for. You may want to ask if it will pay anything for those riding with you. After listening to the cost and what the coverage is for, ask yourself, “If I am in an accident and it is my fault, and myself or my friends and family are injured, will I regret not paying for this protection? 


Personal Injury Protection – Deductibles and Limits? 


Due to state laws and insurance company policies and regulations, personal injury protection limits vary from one policy to another. Most often, insurance companies offer a few choices of limits of paying out to you. The best way to find out your personal insurance policies deductible and the dollar limit of personal protection is to review your policy or call the office of your local insurance provider. This way, you will be prepared by having the insurances you need in place and ready to use. Personal Injury Protection is just what it says, protection for you in the case of an accident. 


When it comes to Personal injury protection, this is a serious matter. If you are involved in an injury accident and you do not have the proper coverage, you could end up paying for that accident for a long time. The unfortunate reality is that you will not only have to heal physically from the accident, but it may take you a while to heal financially. Hopefully, the day of you being involved in an injury accident will never come. But if it does, you will be glad you took the time to protect yourself. If you have more questions, ask a Personal Injury Attorney.