Car Insurance -- What does it mean ??


Share

What is: PIP/Personal Injury Protection (NO-FAULT) Insurance?

Medical-Payments Coverage (MedPay): what is this?

Bodily-Injury Liability (BI) -- What is this ?

Uninsured/Underinsured Motorist Coverage (UM): what is this ?

Who Repairs my Car ?





Q: What is: PIP/Personal Injury Protection (NO-FAULT) Insurance?

PIP coverage is required by Florida Law.   This is also known as “no-fault” insurance.  Florida law doesn’t care who is at-fault in an accident when it comes to paying medical bills up to $10,000.00.  This means that you are required, by law, to submit your medical bills to your own PIP insurance, regardless of who caused the accident (and PIP will pay 80% of your medical bills, up to $10,000.00, as well as 60% of any lost-wages because of your inability to work due to your injuries).

 

(NOTE:  As of January, 2013, Florida's PIP Law requires that an individual receive medical treatment within Fourteen [14] Days after an accident; otherwise, your own PIP Insurance may not your medical bills under the PIP portion of your Own Insurance Coverage).


Back to the top.

Q: Medical-Payments Coverage (MedPay): what is this?

MedPay coverage is optional and not required by Florida Law.  If you are in a car accident, and if you have purchased MedPay for your own auto policy, then it is the MedPay that will pay the 20% not covered by your standard PIP (up to the amount of MedPay that you bought).


Back to the top.

Q: Bodily-Injury Liability (BI) -- What is this ?

BI coverage is optional and not required by Florida Law.  If you are in a car accident, then it is the BI portion of the at-fault driver’s insurance policy that will pay for any medical bills not paid by your own PIP coverage; BI is also the portion of the at-fault driver’s insurance coverage that may pay you money for pain and suffering due to bodily injuries.


Back to the top.

Q: Uninsured/Underinsured Motorist Coverage (UM): what is this ?

UM coverage is optional and not required by Florida Law.  If you are in a car accident, and the at-fault driver did not have BI coverage on their insurance (or no insurance at all), then your own UM insurance, if you purchased that coverage, basically “steps into the shoes of the at-fault driver.”  UM coverage will generally pay for that portion of your medical bills not paid by PIP.  UM coverage may pay you additional money for pain and suffering due to bodily injuries.


Back to the top.

Q: Who Repairs my Car ?

The at-fault driver’s insurance company should pay for your car repairs; however, if the at-fault driver failed to carry property-damage liability insurance, then your own COLLISION Coverage (on your own insurance policy) should pay for the repairs to your vehicle.  Even if you were not at-fault in causing the accident, your own insurance will pay for your car repairs (under your collision coverage).  Then, your own insurance company will pursue reimbursement from the at-fault driver’s insurance company for payment for the car repairs (as well as for your deductible).


Back to the top.


© 2017 Jacqueline Wehrly, Attorney at Law | Disclaimer
9951 Atlantic Boulevard, Building One, STE #121, Jacksonville, FL 32225
| Phone: 904-726-0950

Automobile Accidents | Wrongful Death | Dog Bites | Traffic Violations |

Attorney Website Design by
Zola Creative