Personal injury protection is one of the most important types of insurance to have. Personal injury protection, also known as PIP, can cover you for medical expenses and lost wages if you are injured in an accident that was not your fault. You may be wondering why you should need personal injury protection if it only covers injuries that were not your fault.
The truth is, many accidents happen every day, and they’re often caused by other drivers on the road who aren’t paying attention or texting while driving. If this happens to you, then personal injury protection will make sure that you receive all of the money necessary to recover from your injuries without having to worry about how much it’s going to cost. Here’s everything you need to know.
Why Is Personal Injury Protection Important?
When you are hurt in an accident, you want to make sure that your medical bills are covered for the expenses. This is where personal injury protection comes into play. Personal injury protection can help pay for hospital visits and surgeries if needed.
Another reason why it’s essential to have this type of insurance is because some employers won’t hold a position open long enough for you to recover from your injuries. This means that your job may be in jeopardy if you cannot work because of an injury. In addition, personal injury protection can help cover lost wages during this time, which is why it’s so important to have it when you need it the most.
How Do You Explain PIP Coverage?
To help you understand what this type of insurance does, it’s best to go over and speak with a lawyer. At Macon Personal Injury Lawyer, they have a team of lawyers that can help you with any questions or concerns you may have. If you would like to learn more about how they could help, feel free to visit their website today.
If you want to protect yourself and your family adequately, you need to get the correct type of coverage. In several states, purchasing personal injury protection is required. If you’re in one of these states, you must get coverage to protect yourself and your family against any accident.
There are other benefits when getting this kind of insurance, including allowing people to receive compensation for injuries suffered while driving their car or riding inside another vehicle
Benefits of PIP:
- Protection for you, your spouse, and children.
- Coverage up to 80 percent of lost wages if a passenger is injured in the accident.
- Coverage for medical treatment if an uninsured or underinsured driver hits you or your family member’s car, even if that person is at fault for the crash.
- Accident benefits are not subject to your deductible.
- Optional coverage on rental cars when renting because of a covered loss.
What Is the Essential Element Of Personal Injury Protection?
The essential element of personal injury protection is coverage for lost wages related to a car accident. This may include care provided by the injured party’s doctor and time off from work due to injuries sustained in an auto collision. The claim can be filed and paid regardless if it was your fault or not, providing you with some level of financial stability.
Reimburse any lost wage
Some people feel that medical expenses would be the most important, but this is not always true. For example, there are instances where people have been in an accident and incurred severe bodily harm that prevents them from working for a long time, whether due to surgeries or mental health issues related to the incident.
With personal injury protection coverage, they can receive compensation regardless of who is responsible for the incident.
Home care
Paying for home care is also another aspect of PIP coverage that people tend to ignore. This type of service can be costly, especially if it requires a high level of professional attention due to the severity of the injuries incurred in an accident. Many of these services are not covered by insurance or Medicare and must be paid out of pocket.
PIP coverage can be canceled, but you would need to file a notice with the state’s DMV and wait for their approval before it is voided. This ensures that people cannot just cancel this type of protection if they already have enough assets or savings to cover medical expenses related to an accident where they were at fault.
Funeral costs
The last but perhaps most important aspect of personal injury protection is covering funeral costs. This may seem trivial to some people who have a significant amount of savings and many other forms of insurance coverage, but this expense can be devastating for those with little or no assets at all. It also protects family members from having to come up with the money to cover funeral expenses.
By protecting the family, personal injury protection can also help protect their lifestyle by preventing them from taking on jobs that are less than ideal to maintain a living wage.
Final words
Being involved in a collision can bring about a lot of stress because it is not only you that has to deal with the incident but also your family members. However, when handled properly, these incidents can be resolved without much trouble and help protect assets in the process.