Personal injury protection (PIP) is a type of “no-fault” auto insurance. You file a PIP claim with your insurance company after an accident. The claim seeks compensation for certain personal injury damages.
Learn more about PIP and making a claim below.
What Is a Personal Injury Protection (PIP) Claim?
Personal injury protection, or PIP, is a type of auto insurance that some states offer. PIP covers medical bills, lost wages, and other losses. “No-fault coverage” is another name for PIP coverage.
With PIP, it does not matter who was at fault for a car accident. For example, even if you caused your accident, you could still file a PIP claim. However, your insurance premiums might increase after filing a PIP claim with your insurer.
Personal Injury Protection Claim Limits
Only some U.S. states require a driver to have PIP coverage. In some areas, the coverage is optional but not required. When you file a PIP claim, your insurer will pay up to the coverage limits. After that, your health insurance should pay for the rest.
Twelve states and Puerto Rico have no-fault auto insurance laws. If a state is “no-fault,” you might be unable to file a claim with the at-fault driver’s insurance unless your injury costs are high. Claim limits largely depend on each state and its laws.
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How Does a PIP Claim Work?
If you get into an accident in a state with no-fault coverage, you can file a PIP claim. Here’s how the process might go:
- You get into a car accident that another driver caused.
- Your PIP insurance covers your medical bills up to a specific amount.
- You file a PIP claim with your auto insurance company up to the limit.
- Past the limit, you submit the remaining medical bills to your health insurance company.
- Your PIP claim would also cover lost wages up to your state’s limit.
The above covers compensation from your own insurance companies. However, your damages might need to meet a specific amount before you can file a claim with the other driver’s insurer. These details will depend on where you live.
If your damages are severe enough, you might be able to file a liability claim with the at-fault driver’s insurance company.
What if I Don’t Have Health Insurance?
If you don’t have health insurance, your state’s PIP laws might cover more medical costs. However, you’ll be on the hook for the rest. You might have to arrange a payment plan with your healthcare provider — if they let you.
If you’re currently waiting on a settlement for your bills, you might qualify for pre-settlement funding. At Silver Dollar Financial, we offer funding to injury victims while waiting for money from the insurance companies.
To determine if you qualify for personal injury funding, click Apply Now or call (844) 871-0628 today.
What Are the PIP Claim Limits?
The claim limits will depend on the state where you live. Limits can range anywhere from around $2,000 to $250,000. Most PIP providers have a relatively low limit for coverage.
If you’re unsure about your state’s laws, contact an experienced lawyer. It’s best to know what to expect in the event of an accident.
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What Does PIP Insurance Cover?
Personal injury protection insurance covers the following:
- Medical expenses like doctor bills, ambulance services, surgeries, testing, prescription medications, and medical supplies
- Lost wages if your injuries prevent you from working
- Funeral costs if your accident injuries lead to your death
- Household services that you can no longer do, such as cleaning services
PIP covers costs no matter who caused your accident. However, each state varies in what it covers. Check with your local auto insurance laws to know for sure.
What Does PIP Insurance NOT Cover?
Since PIP is no-fault insurance, it does not cover losses like:
- Vehicle damage
- Other people’s property damage
- Medical costs beyond your insurance limits
- Lost wages beyond your insurance limits
- Car theft
Sometimes, other types of insurance will cover the above costs. You may be able to file a claim on different policies.
How Is Personal Injury Protection Different from Liability Coverage?
Liability insurance coverage pays for another driver’s damages. For example, most states require bodily injury liability insurance in case you cause an accident. If you are at-fault for a crash, your liability coverage pays for the other driver’s injuries.
Personal injury protection covers your own medical costs and lost wages. It does not matter who was at fault for the crash.
Apply for Pre-Settlement Funding with Silver Dollar Financial Today
If you’re currently waiting on an accident settlement or lawsuit, you might need help with your finances. At Silver Dollar Financial, we provide pre-settlement funding to fill in the gaps.
If you qualify, we’ll send you up to $100,000 from your pending settlement amount. Plus, you don’t pay us back until you win your case. If you don’t end up winning, you don’t have to pay us back.
To apply for funding today, click Apply Now on this page. If you have any questions, call us at (844) 871-0628. Our friendly team is happy and available to help you.