A detailed explanation on U.S P1P type insurance coverage and some of the areas that this type of insurance policy covers in the event of an auto accident.
A car accident happens every 18 seconds in the United States with more than 5.33 million motor vehicle traffic crashes reported in 2011 according to the National Highway Traffic Safety Administration.
No one can predict whether or not they will be involved in a car accident, but what they can do is be sure they are prepared for it by having the right type of car insurance. Filled with legal jargon car insurance terms and policies can be difficult to understand for a new driver and even one with decades of experience.
Personal injury protection, also known as PIP, is an additional type of insurance coverage that assists in covering medical expenses for car accident injuries you or your passengers may have sustained. Depending on the amount of coverage you choose it may also cover you if you’re injured in a vehicle that is not your own.
PIP insurance is sometimes referred to as “no-fault” coverage because of its comprehensiveness to pay out claims no matter who is at-fault. Currently 13 states mandate that drivers have PIP insurance however what is covered can vary from state-to-state.
When you are involved in an auto accident, personal injury protection can pay for as much as 80% of the medical expenses resulting from the accident. Other expenses the may be covered include rehabilitation costs and funeral costs.
Although medical payments coverage is similar to PIP, medical payments coverage does not cover additional expenses such as rehabilitation services, funeral costs, and lost wages.
PIP allows victims of car accidents to move forward with receiving medical care without having to wait for the car insurance company to determine blame and make payments. Additionally if a car accident lawsuit is filed the victim may receive medical treatment and rehabilitation services while a car accident attorney begins proceedings rather than wait for the lawsuit to be filed and settlement made.
Following the initial shock of a car accident one of the most frustrating issues is often dealing with an insurance company, having personal injury protection can help car accident victims get the assistance they need as swiftly as possible.
