What does personal injury protection cover?
Personal accident insurance , also known as personal injury insurance , is designed to pay out compensation if you suffer from a serious injury or death as the result of an accident . It can protect you and your family against loss of income, and help them with bills and other expenses.
What is the minimum PIP coverage in Florida?
Minimum Insurance Requirements in Florida The minimum requirements for auto insurance coverage are: $10,000 for personal injury protection ( PIP ) $10,000 for property damage liability (PDL)
Do you need personal injury protection coverage?
Purchasing personal injury protection is mandatory when you ‘re buying auto insurance in certain states. PIP coverage can help pay your medical expenses if you ‘ve been in an auto accident. This type of car insurance may also cover lost wages and funeral expenses.
How does PIP deductible work in Florida?
By Florida law, a PIP deductible cannot exceed $2,000. PIP deductibles are not a good deal because it subtracts from the amount that the insurance company has to pay out of the $10,000 in benefits that you have available after an accident. In other words, a PIP deductible is self-insurance for that amount.
What is the difference between bodily injury and personal injury?
Bodily injury insurance typically covers the expenses of the person who did not cause the accident and subsequently suffered injuries . Personal injury protection (PIP) is often an extension of car insurance that covers economic damages.
What does PIP pay for in Florida?
Florida PIP covers medical costs, lost wages and death benefits. It can also pay for at-home services like laundry, house cleaning and pet care, if they’re necessary due to an accident.
Can I waive PIP in Florida?
Well, under the new PIP law, the insurance company has made this decision for you. If you don’t seek medical care within the 14 days, then you waive all rights to you PIP benefits. You should know that the law does not have exceptions to the failure to get treatment within the 14 days.
What is extended PIP coverage in Florida?
Extended PIP – Extends your medical benefits for you and your family members, still subject to the $10,000 maximum, to cover 100% of your medical bills and 80% of work loss as the result of an auto accident.
Is Florida a no fault state?
No – Fault States Only 12 states have a form of no – fault insurance law. Some states , such as Florida , make it mandatory for their drivers to carry no – fault insurance while others make it optional.
What is the difference between medical payments and personal injury protection?
Personal Injury Protection is similar but distinct; while medical payments coverage is strictly intended to cover medical bills , PIP takes things a step further, covering health costs and resulting lost wages for you and your passengers after an accident , regardless of fault.
What does uninsured motorist pay for?
Also known as Uninsured Motorist Bodily Injury insurance (UMBI), Uninsured Motorist insurance (UM) pays for injuries, such as medical expenses, that result from an accident caused by a driver who is uninsured . UM insurance also protects you and your passengers if struck by a hit-and-run driver.
Does using PIP raise your insurance?
The short answer is that using your PIP insurance shouldn’t cause your rates to go up or your policy to be cancelled. But like everything involved with insurance companies and lawyers, it’s complicated. Personal Injury Protection ( PIP ) is required by law.
Does PIP cover passengers in Florida?
Yes, Florida PIP will cover certain passengers riding in your car at the time of an accident. In order to be eligible to use your PIP benefits, a passenger in your car must not own a vehicle that provides them with their own PIP coverage .
Does PIP pay for pain and suffering?
Personal injury protection ( PIP ) can cover injuries to you and your passengers, no matter who caused an accident. If you’re able to sue, you can also generally sue for pain and suffering , which you can’t get under a PIP claim. PIP generally covers: Medical expenses from a car accident.
Does PIP cover windshields in Florida?
Windshield Replacement in Florida is Free. Most drivers are unable or unwilling to pay the expense of windshield repair or replacement. Driving your car with a cracked windshield can result in personal injury or wrongful death. If your windshield is damaged in a car accident or by road debris, get it replaced for free.