PIP stands for Personal Injury Protection, and PIP insurance coverage in Tampa that drivers must get is also called no fault insurance because each person’s insurance company pays for covered accidents no matter which driver is at fault. Plus, it also covers your family and passengers in your vehicle and some drivers of your vehicle if you gave them permission to drive your car. It will also cover a pedestrian or a bicycle rider injured by a vehicle.
How Much PIP Insurance Coverage in Tampa is Required?
Florida drivers must have at least $10,000 in PIP insurance coverage, but can purchase higher amounts. This is meant to cover things like medical treatment for injuries, property damage, and other specific things according to the State of Florida PIP rules and regulations.
In 2012, the state passed a law called HB 119 to help fight PIP fraud cases. This new law was meant to help save Florida residents money on purchasing the required PIP insurance coverage and to prevent fraudulent PIP cases from being filed.
What Percentage of Bills, Income Does PIP Pay?
So, now PIP pays 80 percent of a victim’s medical cost and 60 percent of their lost income. Any other amounts have to be gotten by sueing the at-fault driver in the accident. Since Florida is a no fault state, you can’t go through the other driver’s insurance to try to get any compensation, and have to go through your own PIP insurance to get any benefits due to you after an accident with injuries.
Having a PIP Lawyer May Help in PIP Cases
PIP cases can sometimes be confusing and complicated. That’s why it is a good idea to get a PIP insurance coverage Tampa lawyer to help with your case. Shuster & Saben are PIP lawyers and operate in several Florida cities, including Tampa, Miami, Orlando, Orange Park, Pensacola and Satellite Beach and can be reached at 877-511-7829. Give them a call today to get help with fighting the insurance companies for the compensation you deserve for your pain and suffering.