Personal Injury Protection (PIP) vs. Bodily Injury Liability

Driving with responsibility can go a long way. Insurance will aid you in unfortunate events where you or someone dear has been critically wounded in a car accident. So, you must understand the different types of insurance available to you. This is essential so you can pursue financial relief for your injuries.

In reality, repairing the body isn't always sufficient. Today, let us learn more about the forms of coverage available to assist you in the short and long-term consequences of injuries.

The Importance of Distinguishing Between the Two
As a driver, you should be able to make the distinction between bodily injury and personal injury liability to determine the financial effect of these potentially life-changing events.

Let's go over the definitions and why it's essential to have both types of insurance coverage on your policy because the terminologies can be quite confusing.

Definition of Personal Injury
Personal injury protection is first-party medical insurance that pays for the health costs and other fees intended for you. Aside from that, your passengers are also covered.

Additionally, the protection covers medical costs until the medication is no longer required. Let's say you have personal injury protection on your own insurance policy and are hurt in a car accident. In that case, your coverage will kick in regardless of fault. It will begin to pay for your medical treatment and the care of any passenger who may have been harmed.

Meaning of Bodily Injury
In a car collision, bodily injury insurance pays for the medical bills and lost wages of other drivers. It is a type of third-party liability that insures a driver who injures another person due to an accident. This will protect you financially if you are determined at fault in an accident by chance.

Hard expenditures, such as medical bills, are examples of special damages. On the other hand, the mental and emotional losses, such as misery and discomfort, eventual loss of income, and a shift in mental and emotional state, are referred to as general damages.

You Deserve Total Financial Compensation
It's critical to have enough auto insurance so you don't end up paying for another person's mistake. We hope you found this article helpful.

At Hayek Insurance, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (805) 496-8835 or Click Here to request a free quote. The coverage discussed in this article is not guaranteed. Please call our agents, we are happy to help you learn more about your plan and make sure you have the coverage you need.