The Value of Personal Injury Protection

The Value of Personal Injury Protection

When Texas motorists sign up for state law mandated liability insurance, they will have the opportunity to accept or decline a form of coverage called Personal Injury Protection (PIP). Often, that will be the first time they have ever heard the term “personal injury protection,” and they often have the question, what is PIP?

PIP covers medical expenses and bills for injuries to anyone in a vehicle involved in a wreck. It also covers 80% of lost wages due to injuries sustained in a car accident. It comes in many amounts, and there is no set limit for how much PIP coverage you can have; however, $2,500 is a common threshold amount. PIP is called “no-fault” coverage because you do not have to establish who was responsible for causing the accident in order to be entitled to the funds.  This is important because oftentimes it can be weeks or months before the insurance company for the at-fault driver finally completes its investigation and agrees to pay a car accident victim. PIP, on the other hand, is available before any other form of coverage is paid, and is available to the accident victim right away, at the time they need money for medical treatment.

PIP is an optional form of coverage that is automatic unless you reject it. However, some people may have rejected this coverage and not even remember. For example, if you purchased your auto insurance online, rejecting PIP is as easy as clicking a box. If you are unsure about whether you have PIP, ask an insurance agent at your carrier for a copy of your auto insurance policy. If you further questions or issues with PIP coverage, contact an attorney at Zinda Law Group.