Personal Injury Protection: What You Need to Know

Personal Injury Protection: What You Need to Know

First and foremost, Personal Injury Protection AKA PIP is a must have insurance. While mandatory for Oregon residents with an established $15k minimum, it’s optional for Washington residents, meaning many in Vancouver may not have it, nor be aware that it exists.

Personal Injury Protections (PIP) is considered one of the last great values in auto insurance.  The monthly premium basically costs the same as you pay for a single latte, but the coverage pays for 100% of your medical bills. Plus, there’s no out-of-pocket expenses unlike regular insurance and no deductibles or expensive co-pays.

Another thing is that PIP covers everything related to car injury. This means it not only covers yourself, but anyone in your car at the time of the car accident and separately. For example, let’s say your PIP covers $35K in protection and you have 2 other passengers in your car during a collision. This means PIP would cover $105K. It would equate to $35K x 3 in the car.

PIP also goes beyond injury compensation. With a note from your doctor, PIP may also cover any lost time from work.

There’s no out-of-pocket expenses, unlike regular health insurance. Costly deductibles, expensive co-pays and co-insurance do not apply when using PIP.

PIP is not subject to the same health insurance restrictions such as; limited referral network, limited number of visits, and pre-authorization from your primary doctor. It offers you the freedom to seek out the clinic or doctor that you choose.

If you’d like to learn more about the nuances of PIP insurance and how it affects you, feel free to give us a call. Auto injury care is our specialty.