If you are planning to get your own car in Florida, be aware that the state requires you to have Personal Injury Protection (PIP) and Property Damage Liability (PDL) insurance. Florida is a no-fault state and having PIP and PDL ensures that you are given medical attention immediately and ...
Some states require you to cancel your registration before canceling the policy. Otherwise, you risk incurring fines for a lapse of insurance. Death of a policyholder: If the car policyholder dies, their insurance needs to be canceled and rewritten for the vehicle’s new owner. Do note that ...
PIP insurance is mandatory in some states, including Florida. Unlike traditional auto insurance policies that rely on determining fault and liability, PIP insurance is a no-fault insurance system. This means that regardless of who caused the accident, each person involved is responsible for their ...
Medical payments insurance, or MedPay, covers emergency medical costs and hospital bills. No-fault states that don’t require PIP have mandatory MedPay minimums instead: Maine.$2,000 Pennsylvania.$5,000 New Hampshire.$1,000 MedPay won’t pay for lost wages or provide death benefits, unlike...
Most states require you to purchase at least minimum levels ofliability coverage, and some also require you to carry additional coverage types like personal injury protection (PIP) or uninsured motorist coverage. Liability insurance is designed to cover damage and injuries others incur in an accident...
of states also require what’s calledpersonal injury protection (PIP).2These types of coverage are called first-party coverage, meaning they cover you for any injuries that you sustain, irrespective of who is at fault in the accident. It’s commonly known asno-faultcoverage or insurance. ...
Why You Need Auto Insurance You need auto insurance because most states require it. State requirements are otherwise known as statutory insurance, while optional add-ons are known as supplemental insurance. Most states require bodily injury liability and property damages liability as a bare minimum, ...
Personal Injury Protection (PIP) This is a type of coverage that’s required in some (but not all) states. It’s a bit like medical expenses coverage, but it helps pay for other expenses while you're recovering from an injury. These could be things like childcare costs or lost wages if...
Insurance Fraud Prevention and PIP Disclosures: What Every PIP Attorney and Medical Provider Needs to KnowHamptonElizabeth J
An uninsured or uninsured driver is at fault: Some states or insurers may not require you to pay the deductible for certain bodily injuries under your uninsured/underinsured motorist(UI/UIM) coverage. Glass repair or replacement: Some insurers waive the deductible if you repair glass rather than ...