It makes more sense to think about PIP insurance as health insurance, rather than automobile insurance. PIP is insurance that pays your medical bills like health insurance when you are hurt in an automobile accident. It doesn’t matter if it was your fault or not (that’s why it’s also called “No-Fault Insurance).
It doesn’t matter if you are driving, a passenger, in your car or someone else’s. It doesn’t even matter if you are walking or on your bicycle. If you are involved in an accident with a car, your PIP insurance pays your medical bills.
There are some limitations you need to know about. Most people have a deductible of $1000 on their policy. If you do, you are responsible for the first $1000 worth of bills. PIP insurance usually pays for 80% of all the bills after that, up to a total of $10,000. That means you have to cover 20% of the bills. Typically, if you use up all of your available PIP coverage, you will end up owing about $3000. If you were not at fault, and the person who is at fault has Liability Insurance, then we can help you recover that money from them.
PIP can also pay you for 60% of your lost wages, and for mileage expense getting to the doctor. Our firm can help you apply for whatever reimbursements you need to help get you back on your feet.
