What is PIP insurance? PIP or personal injury protection is a legal requirement in Florida. It covers medical bills, lost wages, and other costs that arise when you’re injured in an accident, no matter who’s responsible. Though other states have similar rules, Florida has specific requirements where PIP is concerned.
How does PIP Insurance Work?
PIP pays a portion of expenses when you’re involved in an auto accidents Miami. In the state of Florida, it will cover 80% of your medical expenses. Payments come relatively quickly because there’s no need to determine fault.
In Florida, PIP covers most routine medical costs. However, it won’t extend to treatments that are not commonly used in traditional medicine, like acupuncture. 80% of your costs for dental, surgical, medical, and rehabilitative services will be covered as long as those services were initiated within 14 days of the accident.
If your provider determines that your condition doesn’t meet the definition of an emergency, you will receive only $2500 in benefits. PIP will pay 60% of your lost income if you are disabled, but the benefit is limited to $10,000. If an accident results in death, PIP covers burial expenses up to a $5000 limit.
Who Is Covered?
Your PIP policy applies to you and your household members. However, you can elect to exclude certain household members.
How Much Does It Cost?
As a Florida resident, you must carry at least $10,000 in PIP insurance. The amount you pay will vary depending on the provider you choose. If you need to lower the expense, consider choosing a higher deductible or only covering yourself.
Contact an Experienced PIP Attorney
If you’ve been hurt in an auto accident, it’s important to know the answer to the question “How does PIP insurance work?” It’s also crucial to find legal representation as soon as possible. Visit www.piplaw.com to fill out our online contact form or call the firm of Shuster & Saben LLC to schedule a consultation.