Insurance

UNDERSTANDING PIP (Personal Injury Protection) Personal Injury Protection is also referred to as No-fault Insurance. PIP was created to  simplify determining who is at fault. It will help cover costs for medical bills not covered by health insurance regardless of who is at fault. Although 23 states make it required, others have it as an available add-on to your policy. PIP is a smart investment even if your state does not require it, especially considering the financial burden a car accident can become. Expenses PIP can cover:  Medical expenses: medical and surgical supplies and services, ambulance service, x-rays, nursing, hospital…

Insurance policies are filled with legal jargon and can be confusing, but it is important to know what is covered in your insurance plan.  Understanding the different coverages and which specific ones you have make the claims process much smoother. Aspects like whether you have towing and car rental covered in your plan are good to know prior to being in an accident, but understanding the options is useful when shopping for new policies too.  Know Your Policy The declarations page, which is the first page of any policy, states which coverages you are signed up for, the cost of…