Learn facts about your personal injury protection insurance with tort
Accidents are common and they can happen to anyone. That’s the fact number one. It is this fact that makes people think twice about how they want to plan their lives. What if the accident happened to you? Thinking about that will make you see the PIP insurance that is the only way out. Fair enough, personal injury protection insurance is there to cover losses after an auto accident. Good car accident lawyers in Philadelphia who understands your rights in limited tort can maximize your claim with no payment until settlement. As you know, damage is only a fraction of the problems possible after accidents. Lost wages, medical bills and the like will paralyze your financial health. With PIP insurance, you even get your family and friends covered if you are engaged in an accident. Let’s proceed on to check at the facts about PIP insurance.
1. It’s a ‘no-fault’ kind of an insurance
The policy in other types of insurance is that the at-fault driver compensates the innocent driver. That acts as a double whammy when the at-fault driver has to carry the burden of the innocent driver equally to his/her expenses. To some point, the at-fault driver will be forced to use available resources on compensating the other driver at the expense of taking care of his/her problems. No such problems with the PIP insurance. Everyone regardless of being innocent or at-fault is covered. The insurance covers the drivers as well as other policyholders enlisted.
2. What the insurance covers
As you can expect, insurances have their policies and principles. They cover only what is agreed upon. The good part about Personal injury protection insurance is that it can pay expenses amounting up to 80%. For a covered accident, the insurance will cater for medical bills for injuries suffered by the driver and the passengers if they are enlisted in the policy. Of course the limits of the policy will have to pally as well. Other than medical expenses, other expenses including funeral costs, service replacement and rehabilitation costs can also be covered.
3. You have an upper hand
With standard insurance, you are never sure of payment. In any case, the insurers are always looking for excuses not to compensate even when the accidents are sincere. Forget such problems when it’s about PIP insurance. There are no frustrations expected in time wastage for investigations and litigations. There is no blame game involved and hence no assessments. Lost income and medical bills will be paid in the shortest duration possible after the incident happens. You don’t deal with lawyers; only the insurance company.
4. PIP is no other insurance
Although it sounds like any other insurance, there is a lot that sets it apart from other standard insurances. Regardless of whether you are at fault or with passengers on board, you get compensated together with the passengers. Other expenses brought about by the accident e.g. childcare, lost wages, funeral costs, rehabilitation costs etc. are also covered.
1. It’s a ‘no-fault’ kind of an insurance
The policy in other types of insurance is that the at-fault driver compensates the innocent driver. That acts as a double whammy when the at-fault driver has to carry the burden of the innocent driver equally to his/her expenses. To some point, the at-fault driver will be forced to use available resources on compensating the other driver at the expense of taking care of his/her problems. No such problems with the PIP insurance. Everyone regardless of being innocent or at-fault is covered. The insurance covers the drivers as well as other policyholders enlisted.
2. What the insurance covers
As you can expect, insurances have their policies and principles. They cover only what is agreed upon. The good part about Personal injury protection insurance is that it can pay expenses amounting up to 80%. For a covered accident, the insurance will cater for medical bills for injuries suffered by the driver and the passengers if they are enlisted in the policy. Of course the limits of the policy will have to pally as well. Other than medical expenses, other expenses including funeral costs, service replacement and rehabilitation costs can also be covered.
3. You have an upper hand
With standard insurance, you are never sure of payment. In any case, the insurers are always looking for excuses not to compensate even when the accidents are sincere. Forget such problems when it’s about PIP insurance. There are no frustrations expected in time wastage for investigations and litigations. There is no blame game involved and hence no assessments. Lost income and medical bills will be paid in the shortest duration possible after the incident happens. You don’t deal with lawyers; only the insurance company.
4. PIP is no other insurance
Although it sounds like any other insurance, there is a lot that sets it apart from other standard insurances. Regardless of whether you are at fault or with passengers on board, you get compensated together with the passengers. Other expenses brought about by the accident e.g. childcare, lost wages, funeral costs, rehabilitation costs etc. are also covered.