PIP or personal injury protection is a form of car insurance with the purpose of compensating for the bills of an injured person, like the medical or hospital bills and fees incurred due to a car or vehicular accident. Personal injury protection is mandatory in several states, so it is very important to take a minute and learn the basics about it at least.
PIP is also designed to cover the following:
ü Medical Expenses
PIP will pay reasonable expenses for necessary costs such as medical, hospital, rehabilitation, chiropractic, dental, optical, surgical, x-rays, ambulance, prescription drugs, prostheses and nursing fees.
ü Work Loss
Loss of income due to an injury incurred during the car accident will also be covered by PIP. Even the cost of hiring a substitute employee, so the injured self-employed PIP client can continue his tasks in order to maintain an income, is also covered by the insurance.
ü Funeral Expenses
Reasonable expenses for funeral, cremation and burial can also be covered by personal injury protection.
ü Survivor’s Loss
PIP can also cover the replacement services and loss of income of the surviving dependents.
ü Other People Involved
Being a “no-fault” insurance coverage, PIP can also cover other people that are also inside the insured person’s vehicle during the accident, and even those that were hit by the vehicle of the insured person.
ü Essential Services
In this category fall the household maintenance fees which were normally being performed by the injured person himself.
It is also best to familiarize yourself with the limitations of your personal injury protection, other than just concentrating on what it can do for you. Depending on which state your injury occurred and the type of injury you incurred, the PIP compensation limits range from $1,500 to $250,000. Each PIP plan differs, so make certain that your own personal injury protection plan covers a decent amount, and that it has a clear policy that also has well-defined limitations that is explained to you in a way that you can easily understand. Make sure that you are well-versed on the types of injuries that your PIP will not cover such as the following:
û Injuries incurred during an accident involving things like mopeds, motorcycles and motorbikes
û Accidents and injuries involving farm vehicles or equipment
û Injuries involving off-road and other types of “recreational” vehicles
û If during the time that the injury occurred, the insured person is committing a felony
û If the insured person injures himself on purpose