Most people have to go through a car accident before they learn about certain types of insurance. Part of that is because it is not until then that you need it. Personal injury protection comes to mind. PIP – as it is also known – is designed to cover medical expenses after an accident. Not only for you, but also your passengers. Additionally, any work loss experienced by either your passengers or you is also covered. PIP kicks in irrespective of who is at fault during the accident.
A lot of people constantly wonder if they need personal injury protection along with their auto insurance. Although it is optional, there are sixteen states which require that a minimum coverage of PIP be carried. PIP is recommended for individuals who frequently travel with other passengers in their car. If any of them are ever injured, they can hold you liable for any of their medical expenses they incur.
PIP is not needed for folks who have a superior health insurance plan. That’s because a great comprehensive health insurance policy generally covers these injuries. On the other hand, PIP protects you from funeral costs or lost wages which are benefits that health insurance policies do not cover. Still, it is always a good idea to double check with your healthcare provider in case you have doubts.
Another name for PIP is “no-fault insurance.” Even when you are a passenger in someone else’s vehicle, PIP coverage kicks in for you. The same goes if you are injured as a pedestrian and hit by a cyclist or vehicle. Personal injury protection is unlike liability insurance. The latter pays for any medical expenses that passengers or drivers of other cars incur whenever you cause an accident. But PIP covers your own medical expenses regardless of the person responsible.
Personal injury protection takes care of the following for you:
- Loss of wages when you are unable to work.
- Accidental death benefits and funeral expenses.
- Operations or medical treatment.
- Certain home care expenses such as housekeeping and childcare are covered. More so when you cannot do these on your own.
- Any professional care that is ongoing.
In order to find out more about PIP, you need to check with your local provider. This will let you know if you live in a state that requires it. Additionally, some states allow health insurance policies to work in conjunction with your personal injury protection coverage. In the long run, it is recommended that you speak to an insurance agent regarding PIP and any questions or concerns you may have about it.