Things to Know About PIP

Commonly referred to as no-fault insurance, Personal Injury Protection (PIP) is a key component of Florida’s auto insurance policies. Vehicle operators need to be aware of how PIP coverage works as it directly impacts how medical bills and other expenses are handled should they be involved in an accident.

While some questions about PIP coverage can be easily answered, having the specifics of your situation reviewed by a Boca Raton personal injury lawyer will pave a path for you to move forward. A lawyer can help you navigate the complexities of PIP claims and work towards securing the compensation necessary for your recovery.

#1 Mandatory Coverage

In Florida, PIP insurance is mandatory for all drivers. All auto insurance policies in FL offer PIP coverage with a minimum of $2,500 and up to $10,000, depending on the nature of the injuries.  Additional coverage for medical bills called “Medpay” may be purchased but is not mandatory in Florida.

#2 The 14-Day Rule

To access the full benefits of your PIP coverage, Florida law requires that you seek medical treatment within 14 days. If you fail to receive medical care within this timeframe, you may forfeit your right to PIP benefits. This stipulation underscores the importance of seeing a healthcare provider immediately after an accident, even if you don’t feel seriously injured. Some injuries may not manifest symptoms right away, and a medical professional can identify and document any potential issues early on.

#3 Exclusions and Limitations

While PIP provides broad coverage, there are certain limitations and exclusions to be aware of, such as the reality of the $10,000 limit may not be sufficient for severe injuries, potentially leaving you responsible for additional medical expenses. PIP also does not cover injuries resulting from intentional acts and coverage is typically restricted to the policyholder, their children, members of their household, and passengers who do not own a vehicle and do not have their own PIP coverage.

#4 Coordination with Other Insurance Policies

Although PIP functions independent of your health insurance, it can work in conjunction with it. After PIP benefits are exhausted, your health insurance may cover additional medical expenses, subject to your policy terms. A Boca Raton personal injury lawyer can review your case and inform you of the possibility of pursuing a liability claim against the at-fault driver for damages that exceed your PIP coverage as well.

What PIP questions do you have? Have a conversion with the lawyers at Leifer & Ramirez. Call 561-660-9421 today.