Extra PIP Or Cheap Auto Insurance?
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
What is Extra PIP coverage? When trying to get cheap auto insurance is it needed? You should first understand what you PIP coverage are; PIP is and acronym meaning Personal Injury Protection. It is the coverage available though your auto insurance policy that covers your medical bills if you are hurt when you are 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.
There are four coverage’s that make up your additional personal injury protection; Income Continuation, Essential Services, Death Benefit and Funeral Expenses. Let take a closer look to see what is really covered under each so when it becomes time to get free auto insurance quotes you will have a better understanding of the coverage’s included.
Income Continuation will pay a selected amount of money per week if you become disabled. You can select coverage ranging from $100 to $700 per week. The coverage can either be available for two years or up until the age of 65. This coverage is offer after your short term disability from the state has ended or is under 60% of your regular pay.
Essential Services is a coverage that pays for services you can no longer perform because you are hurt. This would include things like cutting your grass or shovel snow in the winter. There are only two daily limit options $12 or $20 per day and total benefit range is $4,380 to $14,600 depending on the coverage you select.
Death Benefits are paid in the event that you die due to an automobile accident. The benefit will pay out from $5,200 to $10,000 depending on the option you choose.
Funeral Expenses are also included if you pass away due to an automobile accident. The payout benefit is either $1,000 or $2,000 again dependent on your selection.
In total there are 17 Extra Personal Injury Protections options available that combine all the coverage’s listed above and they are not offered ala carte they come as package options. Extra Personal Injury Protection coverage may not be available in every state. When it becomes time to search for discount auto insurance if Personal Injury Protection is available select the option that fits you best.
Keep Your Money To Yourself!