Each state has its own set of auto insurance regulations. Some states are fault states and others are no-fault states. Fault states require drivers to carry certain kinds of insurance at a minimum.
In Florida, PIP coverage is required for all motor vehicles registered in the state. PIP coverage makes the individual responsible for their own injuries in an accident regardless of fault. Speak with 1800injured.care right away to access our network of lawyers.
PIP insurance is a form of auto insurance coverage that’s often referred to as “no-fault” auto insurance coverage. PIP insurance is mandatory in 15 states because it pays personal injury claims up to a certain amount, regardless of who was liable for the auto accident.
What Is PIP?
PIP provides coverage for those who are injured in a motor vehicle accident. Each driver’s insurance company pays their insured person’s damages up to their state’s threshold amount. If bodily injury damages exceed the threshold amount, the injured person can then file suit directly against the driver who caused the accident.
Personal Injury Protection Coverage
PIP coverage, in general, covers valid medical expenses linked with your motor vehicle accident. If your injuries are so severe that you can’t take care of your children, it’s possible to get reimbursed for childcare services and other household expenses.
PIP coverage can also cover lost earnings, up to a certain limit, and some funeral and burial expenses in the event of wrongful death. However, if you desire to be covered, you must seek treatment for your injuries and submit your claim for compensation within a specified time frame from the date of your accident.
PIP Insurance Premiums
Living in a no-fault insurance state doesn’t automatically that you won’t be affected by your car accident insurance claim. Your PIP insurance premiums could rise after an accident. What ultimately determines your PIP premiums are:
- Your driving record
- Your claims history
- Your age
- Your gender
- Your marital status
- Your location
PIP Coverage Benefits
If one or more of your passengers were injured and they don’t have health insurance, they’ll likely be covered under your PIP. Waiting for the other party’s insurance to pay could take up to two years. PIP coverage could include certain expenses that aren’t medical.
If you’re in an auto accident, your PIP insurance can cover medical expenses no matter who is at a fault for the accident. This car insurance coverage even applies to passengers and pedestrians. If you’re injured because you were walking and got hit by a car, then PIP coverage could help pay for your injuries.
On top of covering medical bills for you and your passengers after a car accident, PIP coverage could help cover your health insurance deductible. If you’re injured and have lost wages because of missed time at work, PIP coverage could help. PIP benefits could also apply if you’re self-employed and need to hire temporary staff to perform tasks.
Your policy can help pay for the funeral, burial, or cremation expenses after a car accident. If you pass away in an auto accident, your PIP insurance can help replace the lost income as a result of your death for your surviving dependents. PIP insurance can also help pay for services that replace your normal duties like childcare and housekeeping.
PIP Insurance Does Not Cover
Generally, your personal injury protection insurance will not cover:
- Property damage
- Other party’s injuries
- Injuries incurred in an accident while committing a crime
- Injuries in an accident while you received payment for driving
Since PIP doesn’t cover everything, the following policies can help provide supplementary coverage to make sure you’re fully covered on the road:
- Bodily injury liability insurance
- Property damage liability insurance
- What does PIP stand for in insurance?
Does Florida Require PIP Insurance Coverage?
Before you can legally register a four-wheeled vehicle in Florida, you must show proof of Personal Injury Protection (PIP) and Property Damage Liability (PDL) automobile insurance. PIP covers 80% of all necessary and reasonable medical expenses up to $10,000 resulting from a covered injury, no matter who caused the crash. PDL coverage pays for damages to another person’s property caused by you or someone else driving your vehicle.
Proof of PIP/PDL coverage must be issued by an insurance company licensed in Florida to sell policies or by qualifying for a self-insurance certificate issued by FLHSMV. Any vehicle with a current Florida registration must:
- Be insured with PIP and PDL insurance at the time of vehicle registration
- Have a minimum of $10,000 in PIP and a minimum of $10,000 in PDL
- Vehicles registered as taxis must carry bodily injury liability (BIL) coverage of $125,000 per person, $250,000 per occurrence, and $50,000 for (PDL) coverage
- Have continuous coverage even if the vehicle is not being driven or is inoperable
- Surrender the license plate/tag before canceling your insurance
- Purchase the policy from an insurance carrier licensed to do business in Florida
PIP Coverage and Medical Payments Coverage Differences
Medical payment coverage covers you and anybody else in your vehicle who is injured in an accident, regardless of liability. PIP expands on that. If you’re compensated for your injuries from the driver who was at fault, you’re not required to repay any benefits that you received from your PIP coverage.
Medical payments coverage requires you to reimburse your insurer for any sums that were paid on your behalf. Medical payments coverage doesn’t require a deductible though, and there aren’t any copay or coinsurance charges.
Uninsured and Underinsured Motorist Coverage
PIP or medical payments coverage can only help you up to a certain threshold. If any passengers in your vehicle have been injured in an accident because of an uninsured, underinsured, or hit-and-run driver, you’ll need uninsured motorist coverage. Underinsured coverage is often coupled with it.
These coverages generally cover blood relatives, whether they’re in your insured vehicle or not. It may also cover any of them who are injured as a bicyclist or pedestrian, even if the accident is the fault of a hit-and-run driver.
Obtaining the right coverage may seem troublesome to most, but personal injury protections are required in one-third of U.S. states. Speak with a seasoned insurance attorney if you’re having trouble recovering the damages you rightfully deserve after your car accident.
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