Is Additional PIP Needed When Getting Cheap Auto Insurance?
What is additional PIP coverage? When searching for discount auto insurance do you need it? First you need to understand what you PIP coverage is, PIP stands for Personal Injury Protection. It's the coverage in your auto insurance policy that pays your medical bills if you are injured and were found at fault in an accident.
That was east enough to understand. Medical coverage is available to you under your auto insurance policy if you hurt in an auto accident that you were found at fault in.
So, what is Extra PIP (Personal Injury Protection)? It may be confusing because it doesn't actually pay any medical bills at all. It gives you coverage under your auto insurance for costs you have that are from you being injured in an auto accident.
Four coverage's make up your Extra PIP; Income Continuation, Essential Services, Death Benefit and Funeral Expenses. Let look closer so when you decide to get free auto insurance quotes you will be able understand the coverage's included.
Income Continuation establishes a set monitory award to you if you are unable to work. The coverage is available in different increments from $100 to $700 per week. You are also able to select if you want the coverage available for 2 years or up until the age of 65. The payments of this coverage are only available if your short term disability is under 60% of your regular pay or the benefits from your state have expired.
Essential Services will cover you for services you can no longer perform because you are injured. Things like cutting your grass or cleaning your gutters in the fall would be covered under this option. There are daily and total limit options ranging from $12 to $20 per day for a total benefit from $4,380 to $14,600 depending on the coverage's you choose.
Death Benefits are available in case you pass away due to a car accident. This benefit will pay either $5,200 or $10,000 pending which option you select.
Funeral Expenses are paid in the event that you pass away due to an auto accident. This benefit will pay either $1,000 or $2,000 depending on the option you decide on.
There are 17 Extra PIP options available combining different limits of the above coverage's. Extra PIP coverage may not be available in each state. When you get your next discount auto insurance quote if PIP is available choose the option that is the best fit for you
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