Bradenton Personal Injury Protection Lawyer
What happens when you get in a car wreck and the other party does not have the insurance or finances to pay for your injuries? Or, what if you do not have adequate health insurance to cover the cost? Personal Injury Protection (PIP) insurance adds an additional safety net in situations such as these. It is no-fault insurance, which means that it does not matter if you were at fault for causing the crash. PIP insurance pays for your medical bills, travel expenses to and from your doctor, and some other damages such as lost wages (it can pay up to 60 percent of your wages while you are taking time off of work). Is PIP insurance right for you? Contact an experienced Bradenton personal injury protection lawyer today to discuss the benefits of PIP insurance and we can get straight to work figuring out a policy that will add safety to you and your family.
Who is Covered By Personal Injury Protection Insurance?
One of the most beneficial aspects to personal injury insurance is that it covers not only you, but your family members as well. It covers you and them while you are driving, while they are driving, while any of you are passengers in another person’s vehicle or driving another person’s vehicle, and when any of you are pedestrians or cyclists. Additionally, PIP insurance covers anyone in your car at the time of a collision.
PIP Insurance is Like Health Insurance, Not Auto Insurance
Florida ranks third to last when it comes to state population percentages with health insurance, according to Miami New Times. While health insurance is too expensive for some or too difficult to procure for others, PIP insurance can be seen as either an alternative or an additional layer of coverage to health insurance. It covers medical bills, transportation costs for traveling to your physician, and up to 60 percent of your lost wages. PIP insurance does not cover auto damage, and is not a replacement for auto insurance. The minimum insurance coverage needed to driver in Florida is a $10,000 PIP policy and a $10,000 property damage liability insurance policy, according to the Florida Department of Motor Vehicles.
Limitations of PIP Insurance
The typical PIP policy requires a deductible of $1,000, which means that if your medical damages are less than $1,000, PIP insurance will not help with that accident. And, after the $1,000 deductible, PIP insurance typically only pays for 80 percent of the rest of your medical costs, and stops at the policy limit, which is usually $10,000. PIP insurance can also be applied in fatal auto collisions, and will usually pay up to $5,000 in death benefits.
Contact a Bradenton Personal Injury Protection Lawyer With The Pendas Law Firm Today
The Pendas Law Firm of Bradenton, Florida serves clients who are looking to add financial protection for themselves and their family in the event of an auto accident, in addition to helping injured clients file personal injury lawsuits against the negligent party. Call one of our Bradenton personal injury protection lawyers today for help.