Personal Injury Protection Current Rates, News & Information

PIP Contributes to Rise in Auto Insurance Claims Costs

Posted in Auto Insurance , Personal Injury Protection

December 30th, 2011
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Auto insurance claims are on the rise across the country according to a new report released by the Insurance Research Council (IRC). The report, issued this week, found that the increase in costs is reversing previous trends of relatively stable costs that have even declined in some cases.

How to Make Sure Your Auto Insurance Covers Your Injury

Posted in Auto Insurance , Auto Insurance Claims , Personal Injury Protection

July 13th, 2010
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Should I Get Property Damage Liability Only?

Posted in Auto Insurance , Personal Injury Protection , Property Damage

July 15th, 2009
1 Comment

It is a fact, to legally own and operate an automobile in the United States, a minimum amount of auto insurance coverage is required in some states. Although the minimum coverage amount is determined by law, the state in which a policyholder lives and registers the vehicle determines the amount essential for each vehicle. The minimum levels of auto insurance is comprised of both bodily injury liability limits and the the property damage liability limit. If you want to drive legally and provide a level of respect and responsibility to your fellow man, you need to have both in your car insurance coverage and not just property damage liability.

Does a PIP Claim Increase My Rate?

Posted in Auto Insurance , Personal Injury Protection

July 13th, 2009
1 Comment

Personal Injury Protection, or PIP, originated in 1930 as a way to streamline the litigious nature of insurance claims for accidents. The hope was by moving the fault determination out of the overwhelmed court system and putting it into the hands of the negotiating insurance companies, the process would be faster, the resolution would be less costly and that premiums would be less expensive. Initially, insurance rates in no-fault states were lower then their litigious neighbors, but that was short-lived and typical auto insurance requiring personal injury protection tends to be more expensive. Another unfortunate side-effect is that a PIP claim can increase your rate even more.

PIP or No – Fault Car Insurance

Posted in Auto Insurance , Auto Insurance Claims , Personal Injury Protection

May 28th, 2009
1 Comment

Car insurance can be confusing, especially if you are moving to a different state. Each state has their own laws not only governing the amount of coverage you need to maintain for your auto insurance, but your state may operate differently from your previous state regarding their status as a no-fault state. In a no-fault state, regarding auto insurance, the driver’s insurance provider is required to pay the claim of the injured plus their passengers, regardless of who caused the accident.

Do All Car Insurance Policies Have Personal Injury Protection?

Posted in Auto Insurance , Auto Insurance Claims , Personal Injury Protection

May 12th, 2009
1 Comment

PIP stands for personal injury protection insurance and will cover the medical expenses, lost wages or funeral costs for up to $10,000 for either you or any passenger in your vehicle involved in a collision in a no-fault insurance coverage state. That means your car insurance will be responsible for paying the claims for the injuries regardless of who caused the accident. In the states that legally mandate PIP coverage, their auto policies are already designed to include the personal injury protection feature.

What Does Personal Injury Protection (PIP) Generally Cover?

Posted in Auto Insurance , Auto Insurance Claims , Comprehensive Insurance , Personal Injury Protection

April 28th, 2009
3 Comments

If you want to legally drive your car, you need to secure your license, obey all the laws of the roads and make sure to have the proper auto insurance policy required by your state. In many states, personal injury protection (PIP) is mandatory and offers a great layer of insurance protection during your time of need. Not only will having the proper minimums of auto insurance help you to be a law abiding citizen, it can end up preventing financial ruin that can be triggered by a severe auto accident.

Car Insurance Term: Bodily Injury Liability

Posted in Auto Insurance , Personal Injury Protection

February 27th, 2009
2 Comments

If you have auto insurance, or are thinking about getting auto insurance, then you need to know how your policy deals with bodily injury liability. Bodily injury liability refers to your responsibility for any damage done to another person’s body should you be the cause of the accident that injured them.