Understanding Personal Injury Protection (pip) In New York Auto Insurance – Personal injury protection (PIP) is a type of auto insurance, sometimes called “no-fault” insurance. In essence, PIP is designed to cover the first party’s medical expenses after a car accident. Whether or not you are required to carry PIP insurance depends on the state in which you live.
Still, just because PIP coverage isn’t mandatory in every state doesn’t mean you don’t need additional coverage. Learn more about personal injury protection from the personal injury attorneys at Lerner and Rowe Attorneys.
Understanding Personal Injury Protection (pip) In New York Auto Insurance
Before we dive into how having PIP coverage on your auto insurance can benefit you, let’s go over who is required to carry personal injury coverage and who isn’t. No-fault insurance is, unsurprisingly, generally required in no-fault states.
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No-fault simply means that instead of filing a claim with another driver’s insurance company after an accident, all parties sue their own insurance company, regardless of who caused the collision.
If your car or truck is registered in one of the following states, you are legally required to purchase auto insurance for personal injury protection. PIP minimum coverage ranges from as little as $3,000 per accident to $250,000 per accident. In addition to no-fault states, a small number of at-fault states also require personal injury protection as additional insurance.
Drivers in Kentucky, New Jersey, or Pennsylvania can choose to decline mandatory PIP coverage to protect their right to sue an at-fault party after an accident. When you accept PIP coverage, your right to file a personal injury lawsuit in these states is limited. These regions are sometimes called no-fault regions.
Although not required, the following areas offer optional personal injury protection to drivers to supplement their insurance needs:
Personal Injury Protection (pip)
Some people choose to forego voluntary personal injury coverage because they think their health insurance will cover most of their medical expenses after an accident. While it is true that health insurance will usually reduce the costs of minor injuries, more serious or debilitating injuries can result in huge medical bills and other related delays, especially if your health insurance has multiple payments or deductibles.
Most importantly, PIP provides coverage for lost wages for you or your passengers as a result of the injury and your inability to work. In addition, it covers funeral expenses when an accident results in one or more deaths. If you live in New Jersey or Michigan, your personal injury protection may even work with your health insurance to make sure all your bills are paid.
There are 29 US states that do not provide personal injury protection insurance for drivers. However, you can often purchase additional types of auto insurance to protect you, your passengers, and your property in the event of an accident.
MedPay is a type of insurance coverage similar to PIP, but with a few key differences. Health insurance coverage is actually required in several US states, including Maine, New Hampshire, and Pennsylvania. Buying MedPay is usually an inexpensive investment, with maximum payouts ranging from $5,000 to $10,000 per person.
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MedPay covers health insurance deductibles, co-pays, ambulance fees, diagnostic tests, hospital stays, follow-up care, and even funeral expenses for you, your passengers, and any pedestrians involved in an accident. In addition, MedPay can cover you if you are injured in a pedestrian or bicycle accident. It can even provide coverage if you are injured as a passenger in someone else’s car.
Optional MedPay coverage is available in all US states except Minnesota, New York, North Dakota, and Oregon (all of which require PIP coverage).
If you live in an at-fault state, uninsured motorist coverage and uninsured motorist coverage are also viable options if your state does not offer optional PIP coverage. If you are involved in an accident with a driver who leaves the scene of the accident, does not have auto insurance, or does not have enough coverage, uninsured and motorist coverage (which is available in all at-fault states) can provide you. Your passengers are compensated for your injuries, pain, suffering, and property damage to your vehicle.
In places like Tennessee, where an estimated 23.7% of drivers are uninsured, this type of “optional” insurance is less important.
What Is Personal Injury Protection (pip) Coverage?
If you have been injured in a car or motorcycle accident through no fault of your own, you can ensure that you are fairly compensated for your medical expenses, lost wages, pain, and suffering by consulting with an experienced personal injury attorney. Don’t fall for the deceptive tactics that auto insurance companies may use to deny your claim or reduce your settlement amount.
If you are looking for reliable legal help, you can find it at Lerner and Rowe personal injury attorneys. Our national network of personal injury attorneys serves clients in Alabama, Arizona, Illinois, Indiana, Nevada, New Mexico, Tennessee, Washington, and beyond. To contact our team and schedule an appointment
Call us 24/7 at 844-977-1900. Operators are also available to answer your questions via LiveChat. You can even request a review of your completed case now, simply by filling out this form.
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Medical Payments And Personal Injury Protection Explained
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When purchasing auto insurance, some drivers must purchase personal injury protection. Personal injury protection, or PIP, pays the policyholder’s medical bills and a portion of lost wages after an accident. Keep reading to learn more about what personal injury protection insurance is and how it works.
Personal injury protection insurance is a type of auto insurance that is required in no-fault states. It covers certain injuries and damages after a car accident. PIP coverage is available to the policyholder regardless of who was at fault in the accident. It only covers certain types of damage, though. These include the following:
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Personal injury protection provides coverage for reasonable medical expenses incurred by the policyholder. It may cover a certain percentage of medical expenses, such as 80% of expenses. It can also cover medical expenses incurred by the occupants of the vehicle with the policyholder at the time of the accident.
Personal injury protection car insurance covers lost wages. If the policyholder is forced to miss work due to an accident or injuries, personal injury protection will pay a portion of the lost wages. The specific percentage of lost wages varies by state. For example, some policyholders can receive up to 60% of lost wages, up to the maximum policy limit.
PIP can pay for funeral expenses for accident victims. These costs will be covered by the policyholder and the passenger in the car at the time of the accident
Some PIP policies provide dependents of accident victims with money to cover a portion of the deceased’s wages.
Should Personal Injury Protection Be Primary Or Secondary For Medical Expenses?
In some cases, PIP policies provide services that a person needs because of an injury. This may include housekeeping or childcare.
When buying insurance, drivers want to make sure they get the right protection without paying extra to double up on extra coverage. As a result, it is helpful to understand how PIP insurance works with other types of insurance.
No-fault insurance is another name for personal injury protection. PIP insurance is required in no-fault states. A no-fault situation is one in which drivers involved in minor accidents do not recover damages from the driver who caused the accident. Instead, each driver’s insurance pays medical bills and a portion of lost wages regardless of fault.
Medical payment coverage covers reasonable and necessary medical expenses after an accident. It covers them regardless of who is at fault.
Liability & Pip Options
However, in at-fault states, at-fault drivers are required to pay medical bills. The trustee can receive bills to cover their health insurance payments. But their insurer can file a lawsuit against the at-fault driver to get the driver’s insurance back.
PIP insurance also provides coverage for medical bills. But insurers do not have the option of trying to recover money from the at-fault driver. PIP also provides coverage beyond health insurance. It can pay for lost wages, for example.
PIP is usually more expensive than health insurance. That’s because, with personal injury protection insurance, coverage is always dependent on medical bills. There is no chance of recovery
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