Personal injury protection (PIP) insurance will only be available in some states. When you are required to purchase PIP insurance, you will also need to purchase bodily injury liability and property damage liability coverage as well. States that make these extra requirements have set out to cover all bases after a car collision has occurred.
What Is Personal Injury Protection?
Personal injury protection insurance is what is required of drivers in no fault states; it is also called no fault insurance. A no fault state is a state that doesn’t seek to discover which driver caused the accident before the damages can be paid.
If the state were to require that someone be assigned the blame for the accident, both of the insurance companies would have to perform an investigation. Because each side would like to find the other side to be at fault, their interests aren’t necessarily to move these processes along very quickly. In the meantime, you are waiting for someone to pay your medical bills.
States have avoided these matters having to move slowly through the courts by reducing everyone’s ability to sue each other after a car collision. Where bodily injuries are concerned, people may sue each other under limited circumstances but in the beginning, you will be able to resort to your own personal injury insurance protection coverage.
What PIP Insurance Pays For
If you are ever hit by someone in a no fault state and sustain injuries, your own personal injury protection insurance will pay your medical bills. If your passengers are hurt, it will pay their medical bills, too. Funeral and burial expenses are covered under this policy for anyone killed in an accident.
PIP insurance covers you and your family members in a few other circumstances. For example, you might be riding in another person’s vehicle when it is hit by another driver. You will be able to have your medical bills paid with your PIP insurance. The same will be true for your children.
States that Require Personal Injury Protection
No fault states are those that require their drivers purchase personal injury protection insurance to pay for their own and their passengers medical expenses no matter who caused the accident. These 12 states include:
- New Jersey
- New York
- North Dakota
- Pennsylvania and
How Much PIP Coverage Should You Buy?
Each of these states set minimum amounts for the personal injury protection their drivers need to purchase. For example, in Utah, drivers must have at least $3,000 of PIP coverage in order to drive legally in the state.
It may be the case that the limits your state sets wouldn’t be enough insurance for you. You can determine how much PIP insurance would be adequate by asking a few questions:
- How much does your state require?
- Do you need to supplement your health insurance coverage?
- Do you transport non-family members on a regular basis?
- Are you young without a lot of auto and health insurance coverage?
If your health insurance policy would be inadequate to cover your medical bills in the event that you have a long hospital stay or you miss work, you may want to purchase higher amounts of personal injury protection insurance. Those who have good health insurance coverage can keep PIP insurance at low levels.
You might be involved in carpools with people who don’t have health insurance. More PIP coverage would be advantageous for you if you are regularly driving people who fall under this category.
A young person who also has children riding their vehicles is someone who hasn’t had enough time to build up their insurance policies. If you are in this situation, more PIP insurance coverage would be warranted. An older person with several insurance policies that have been in effect for several years will be able to keep their PIP coverage to a minimum.
Cheap Personal Injury Protection
If you have looked over the questions above and determined that you need a significant amount of personal injury protection insurance, you will want to find it at the lowest prices possible. You can do this by comparing the quotes you receive from several insurance companies.
It’s never a good idea to purchase your insurance from the first company that offers you a policy. You may be able to find an auto insurance policy that gives you a high degree of coverage for a very low price.
Personal injury protection insurance isn’t a choice, but you do have a choice where you will purchase it. Compare quotes, choose the right company and purchase your PIP insurance to protect yourself and your family.