Long-term trends in the number of people killed and injured from road accidents have declined, especially in the last two decades. One of the reasons behind this decline is Personal Injury Protection (PIP).
PIP exists because some insurance policies do not cover injuries that occur during a vehicle crash. PIP can help cover the cost of treatment that is not under regular policies. There are different types of PIP for different people.
To understand the technicalities of PIP, you may get in contact with a renowned personal injury law firm in San Diego.
What is PIP Insurance?
Personal Injury Protection is an insurance policy relating to the cost of care obtained during a vehicle crash.
Personal Injury Protection is also referred to as no-fault insurance for medical expenses regardless of fault holder closed during the accident.
Personal Injury Protection is designed to be paid regardless of fault, or better, to legal liability.
Do PIP Worth It?
Personal Injury Protection offers several advantages that make it difficult to not consider it. Some of these benefits are listed below.
- Immediate coverage of medical costs incurred during a vehicle crash.
- Medical expenses are paid even if the fault lies with the insurance holder.
- Compensation to the holder if the injuries sustained during the accident keep him/her out of work.
- Without the Personal Injury Protection insurance, you will have to pay all the medical bills yourself. This includes injuries suffered by the other party you are injured in an accident.