In Florida, PIP coverage is required to be purchased by all owners of motor vehicles registered in this state. PIP coverage makes the individual responsible for their own injuries in an accident regardless of fault.
What does PIP insurance cover in Florida?
PIP covers 80 percent of all necessary and reasonable medical expenses up to $10,000 resulting from a covered injury, no matter who caused the crash. PDL coverage pays for damage to another person's property caused by you or someone else driving your insured vehicle.
What is the minimum PIP coverage in Florida?
Drivers must be insured with PIP coverage in Florida and property damage liability (PDL) at the time of vehicle registration. Drivers must have a minimum of $10,000 in PIP and a minimum of $10,000 in PDL.
Who gets the PIP check Florida?
PIP (personal injury protection) insurance is mandatory for every registered vehicle owner in Florida. The proceedings surrounding PIP are outlined in Florida Statute § 627.736. The way PIP works in Florida is by providing up to $10,000 in medical and disability payments for anyone who is injured in a car accident.
How does PIP deductible work in Florida?
PIP deductibles are normally $500, $1,000, or $2,000. By Florida law, a PIP deductible cannot exceed $2,000. PIP deductibles are not a good deal because it subtracts from the amount that the insurance company has to pay out of the $10,000 in benefits that you have available after an accident.