A car accident can leave individuals with serious injuries, from broken bones to traumatic brain injuries. The physical strain these injuries can cause can place a lot of pressure on families.
However, what about the financial strain? After receiving emergency medical care, many families begin to worry about how they will pay all of their bills after a car accident. Usually, the answer is personal injury protection coverage (PIP). But what does this coverage provide?
What is PIP coverage?
New Jersey is a no-fault insurance state. This means that regardless of who is at fault for a car accident, each individual’s insurance company is usually responsible for paying certain costs in compensation. Therefore, the law requires insurance companies to provide PIP coverage.
How will it help you?
The specific coverage will vary by company and even by the policy. New Jersey guidelines state that the standard policies of PIP coverage should range between at least $15,000 up to more than $250,000 per person or accident.
PIP generally can cover:
- Medical bills: This includes various medical expenses, such as the cost of the ambulance ride, the stay at the hospital, surgeries, medical tests, therapy treatments and even medical prescriptions.
- Lost wages: In some cases, individuals might be able to complete light-duty work while they recover. However, just as many people cannot return to work for a while after a serious accident. In these cases, PIP can also cover the wages individuals miss while they heal.
- Additional expenses: PIP might also cover other costs depending on an individual’s situation. For example, if an injury prevents an individual from caring for their child, it might also cover childcare expenses.
Essentially, PIP coverage is meant to help reduce the financial stress individuals can often face after suffering injuries in a serious car accident.
Note: Be careful when speaking with your insurance company
In a past blog post, we discussed how critical it is for individuals to take care when they report the accident and speak to their insurance company. This bears repeating, especially if individuals and their families are relying on their PIP coverage after an accident.
Obtaining compensation can often be a challenge, even from one’s own insurance company. In these cases, it is often helpful for individuals to consult a personal injury attorney, such as those at Piro Zinna Cifelli Paris & Genitempo LLC, to help them handle their insurance company and protect their rights while they recover from an injury.