Personal injury protection is a type of auto insurance that covers medical expenses and, in some cases, lost wages and other damages. It may also be known as “no-fault” coverage.
Legally, personal injury protection is optional in states that allow its use. However, if you purchase it, you cannot sue the other driver for medical expenses unless your injuries reach a certain threshold. This threshold may be met if your injuries are permanent or catastrophic.
This article explains what personal injury protection covers, how it works when you file an insurance claim, and what happens if you agree to a settlement with an insurance company. We will also touch upon the need for a professional NYC personal injury attorney or lawyer.
PIP and All That It Entails
Personal injury protection (PIP) insurance is a type of coverage that helps pay for medical bills and lost wages no matter who was at fault in an accident. Not all states require PIP or offer it as an option, but if you do have PIP, you should use it to help cover your damages after an accident.
PIP covers your medical expenses and lost wages for you and anyone else listed on your policy (like family members), regardless of who caused the car accident. It can also cover certain funeral expenses if someone dies from injuries sustained in an accident. And it will cover you regardless of the type of vehicle involved — so if you’re hit by a car while walking or riding a bike, or if you’re a passenger in a rideshare vehicle, PIP can still provide financial relief for your treatment.
PIP is also known as “no-fault” insurance because the policyholder’s insurance company pays for covered expenses no matter who was responsible for causing the car accident. You don’t need to file a third-party claim with the other driver’s auto liability insurer to get reimbursed for the cost of treatment and lost wages.
Considerations Regarding Personal Injury Protection
The term “personal injury protection” is used in many different states to describe a type of insurance coverage. In New York and Florida, for example, courts require that almost every driver buy PIP. In Michigan, Nebraska, and Pennsylvania, PIP is optional.
Regardless of what state you live in, PIP pays out when you’re injured in a car accident. However, the terms of your policy can vary widely based on state law.
In most states where PIP is required by law, it’s part of the “no-fault” system. This means that when you’re hurt in an accident, you can’t sue the other driver for damages unless your injuries meet certain “threshold” limits. That’s because your no-fault policy covers your medical bills regardless of who was at fault for the crash.
These cases can get hairy. Troubles of all sorts are just waiting to jump at you. Getting an NYC personal injury attorney is your best bet. That’s why we are here.
As one of the best personal injury law firms in the area, NYC Injury Attorneys P.C. specializes in these cases. Coming from an esteemed law firm, our attorneys and lawyers are equipped with the necessary know-how and tools to help you get the best victory or deal.