Will my PIP Cover losses after an accident?

After an accident it can be difficult for you to face a future under medical care as well as the financial losses that you’ve experienced. PIP insurance coverage is quite popular in Florida and understanding whether or not your PIP insurance policy will cover any of your losses after an accident can be important.

PIP insurance:

PIP insurance stands for personal injury protection insurance. This type of insurance is available to pay for medical bills after you are involved in an accident. There’s no need to prove who is at fault to access this insurance, you can go to the doctor and get the medical care that you need with your emergency medical bills covered from a car accident.

Do I have the coverage?

PIP insurance remains a required insurance product in Florida and your insurance policy needs to meet the requirements of the law. You must have insurance coverage with at least a $10,000 limit. As long as you have car insurance in the state of Florida, you have the bare minimum level of coverage and you may qualify for more depending on your insurance policy.

Accessing coverage:

For you to access PIP insurance you will need to be involved in a car accident. Almost any kind of accident involving a vehicle will count for you to access this coverage including passenger vehicles, trucks and more. If you’re a pedestrian or cyclist but got involved with a vehicle in an accident, you can access the coverage as well.

PIP payments don’t require any type of fault, you just need to go to a doctor within 14 days of the accident and seek immediate medical attention. If you aren’t able to see a physician within 14 days, your claim a beam denied.

Your coverage amount:

The amount that you received for coverage depends on the nature of your injuries. Unless you have a severe emergency medical condition after the accident, it’s likely that you will just receive around $2500 in medical expenses. If you go to a doctor directly after an accident even for minor injuries, you will receive a payout of at least $2500 as the minimum. Anything beyond that, you’ll be covered up to 80% of your medical bills to a maximum of your policy limits.

Even though PIP insurance will cover some of your losses after an accident, it’s important to examine your insurance policy and to consider what your medical bills might be after an accident. Accessing a better level of coverage and making sure that you can seek proper compensation after an accident can be important.

This post was written by Wendy Doyle-Palumbo. Wendy is a personal injury attorney in Pasco County at Wendy Doyle-Palumbo, Esq. Wendy has over 25 years of experience practicing law and has won several cases in helping those get the compensation that they deserve!