Personal injury protection coverage (PIP) provides benefits to you, your family members, or others riding in your car when you\u2019re in a wreck.\u00a0 The coverage will pay for your medical expenses and 80% of your lost wages caused by injuries sustained in the wreck up to the limits of your policy.<\/p>\n
Unless you specifically reject PIP coverage in writing, you will have $2,500.00 of coverage.\u00a0 However, you can purchase much higher limits.<\/p>\n
One significant benefit of personal injury<\/a> protection coverage is that there is no subrogation interest.\u00a0\u00a0 Most insurance, such as health insurance or Medicare, has a subrogation interest.\u00a0 That means that they might pay for your medical bills, but if you recover for those amounts from a third party who caused the injuries, then they will claim that you\u00a0 must reimburse the health insurance company for the amounts they paid on your behalf.\u00a0 However, PIP does not have a subrogation interest.\u00a0 If (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Personal injury protection coverage (PIP) provides benefits to you, your family members, or others riding in your car when you\u2019re in a wreck.\u00a0 The coverage will pay for your medical expenses and 80% of your lost wages caused by injuries…<\/span><\/p>\n