Personal Injury Protection

Personal injury protection is a type of insurance protection to cover you against wage loss, medical expenses and funeral services. This coverage protects you even when you are at fault in a personal injury accident.

Different state’s legal stipulations require insurance providers to offer PIP to their customers. However, while in some states it is mandatory to take up PIP coverage in other states it is not mandatory for customers to pick it up. In the event of decline, you are required to do so in writing.

PIP covers you, your foster children, household members related to you either by blood or kinship and other people who are victims in the accident. PIP premiums vary from coverage to coverage as influenced by other risk and insurance factors.

What is PIP Arbitration

Although PIP protection is meant to eliminate compensation disputes, disputes do arise between the policy holder and the insurance company. In such cases, PIP arbitration is required to settle the disputes.

Laws and regulations of PIP arbitrations vary from state to state. However, in some states, PIP arbitrations are required to be done through PIP arbitration forums. Members of these Arbitration forums are required to submit their disputes under the following circumstances.

Disputes arise for a no-fault accident
The disputed terms are within the legal stipulations
The disputed terms are stipulated within the policy

PIP arbitrations aim at eliminating litigations and court processes. Arbitration is a common approach for settling legal disputes among parties involved. It creates a non-formal environment for the disputing parties to engage without strict legal constraints.

States Where PIP is Mandatory

New York
Massachusetts
Florida
Michigan
Oregon
Minnesota
Pennsylvania
New Jersey
Utah

No Fault Medical Collections

PIP covers medical expenses for you and other people in your car in case of a no-fault accident. Depending on the limit of the coverage, PIP can cover up to 80% of your medical expenses. In addition, it can take care of rehabilitation costs, funeral costs and lost wages that result from the accident.

Often times, insurance companies take time to compensate for accident and injuries. On the contrary, PIP medical compensations are made immediately as no investigations are required to determine whether or not the policy holder is at fault.

PIP presents more benefits in comparison to medical payments coverage. Medical coverage payments take care of only medical costs incurred whether or not you are at fault. However, it does not take care of other expenses incurred as a result of the accident such as funeral expenses and rehabilitation costs.