How Does PIP Work?
PIP insurance is a unique and crucial component of auto insurance in no-fault states. No-fault states have specific regulations that govern how insurance claims are processed after car accidents, and PIP insurance plays a central role in this process.
Immediate Medical Coverage
PIP insurance provides immediate coverage for medical expenses incurred by anyone covered under the policy after a car accident. This coverage applies regardless of who is at fault for the accident. It ensures that individuals receive prompt medical attention without having to wait for liability determinations.
PIP insurance typically covers various medical expenses, including hospital bills, doctor visits, surgery, diagnostic tests, rehabilitation, and even funeral expenses if the accident results in a fatality. The coverage extends to the policyholder, passengers, pedestrians, and cyclists involved in the accident.
Lost Wages and Essential Services
In addition to medical expenses, personal injury protection insurance often provides coverage for lost wages due to the inability to work after the accident. It may also cover the cost of essential services, such as housekeeping or childcare, that the injured person is unable to perform.
No Need to Determine Fault
One of the key aspects of PIP insurance in no-fault states is that fault is not a factor in determining coverage. This means that even if you were partially responsible for the accident, you can still file a claim under your PIP coverage to receive compensation for medical expenses and other eligible costs.
Limited Recovery for Non-Economic Damages
While PIP insurance provides swift coverage for medical expenses and economic losses, it may not fully compensate for non-economic damages such as pain and suffering. In cases of severe injuries or significant economic losses, accident victims may have the option to pursue additional compensation through a personal injury lawsuit against the at-fault party.
Stipulated Limits and Thresholds
No-fault states often have stipulated limits on the amount of coverage provided by PIP insurance. Additionally, some states have injury threshold requirements that must be met before an accident victim can pursue a personal injury lawsuit against the at-fault driver. These thresholds are designed to restrict lawsuits to cases of serious injuries.
Do I Need to Hire a Lawyer if I Have Insurance?
While PIP insurance is designed to provide swift coverage, navigating the claims process can still be complex. In cases of significant injuries or disputes with insurance companies, you should contact a car accident lawyer as soon as possible.
At Friedland & Associates, a car accident lawyer can guide you through the insurance claims process, help you understand your rights, and ensure that you receive the appropriate compensation for your damages.
Contact Us Today!
If you’re dealing with a PIP insurance claim, medical expenses, or a personal injury case, contact Friedland & Associates today to schedule a free consultation. Our experienced car accident lawyers can guide you through the claims process and handle insurance adjusters on your behalf.
Reach out today to discuss your case and learn more about how we can assist you in securing the compensation you deserve.