A Brief Guide to PIP Insurance: Why You Need It and What it Does

Many times, accident victims ask the question “What do I do when I’ve exceeded the limits of my PIP insurance coverage in Jacksonville?” There’s no hard-and-fast answer, but there are a few common scenarios that we’ll discuss below.

Why Won’t the Other Party’s Insurance Pay my Bills?

For those who have never been involved in an accident, it’s an unpleasant surprise to find out the at-fault party’s insurer won’t pay your medical bills as they rise. Though the at-fault party must pay for the damages arising from an accident, it’s a one-shot deal: once you’ve gotten a settlement and you discover you need further treatment, you’re out of luck.

Why Do I Need PIP?

PIP, or personal injury protection insurance, is a good idea for everyone. With this coverage, you can get your medical bills paid immediately without waiting for reimbursement. There’s no deductible to consider, and the coverage can be used with any physician or provider. Florida law requires all drivers to have PIP coverage, which makes sense.

What Happens When I Reach my PIP Limit?

Most PIP insurance coverage in Jacksonville comes with a limit ranging from $10,000 to $35,000. In serious cases, those limits are quickly reached, especially if there’s surgery or a lengthy hospital stay. It’s important to understand your PIP limit and pay careful attention to your bills, but it’s still possible to reach your PIP limit. When this happens, you’ll have to rely on your own health insurance policy.

In closing, PIP insurance coverage in Jacksonville is a legal requirement, one that everyone should know about. If you have been in an injury accident in the state of Florida and you have questions about your personal injury protection policy, call Shuster & Saben, LLC to fill out their online contact form.