Many Texans decline personal injury protection (PIP) without fully understanding its benefits and protections. PIP insurance coverage lets policyholders file a claim with their insurance company after a car accident, regardless of who caused the accident. In Texas, insurers must offer PIP to all policyholders, but you can decline this coverage if you don’t want to pay. However, the benefits of PIP may be worth its cost.
Everything You Need to Know About PIP and MedPay Coverage
PIP coverage is designed to help defray some of the costs associated with medical bills and lost wages that result from car accidents. It provides medical expense coverage, lost wage coverage, and other damages resulting from the accident. PIP coverage can act as a stopgap while the insurance company investigates your collision. You can recover your PIP benefits regardless of who is ultimately determined to be at fault in your collision. Medical payments coverage (MedPay) is similar to PIP but only covers medical expenses. This type of coverage is beneficial if you have adequate medical insurance coverage but may require more out-of-pocket expenses for deductibles or co-pays.
In Texas, PIP and MedPay insurance are both optional. Insurance providers are required to offer you at least $2,500 in PIP coverage. It is important to know that MedPay is not required by law to be offered by your insurance provider. More comprehensive coverage is available if you are willing to pay higher insurance premiums. Even if PIP or MedPay is not mandated, getting it as an added layer of protection is a good idea.
Steps to Use Your PIP or MedPay Coverage
If you have PIP or MedPay coverage, your insurance company must pay for your eligible documented expenses, no matter who is at fault in the collision. Contact your insurance company to receive your PIP or MedPay benefits and provide specific documents. However, before contacting your insurance company, speaking with a personal injury attorney is important. At the Law Office of Shane McClelland, we can help you determine if you may be entitled to recover additional funds from your collision in addition to your PIP or MedPay coverage. When another driver is at fault for a collision, filing a claim against their insurance policy first is crucial, then filing again with your insurance company. Your insurance company will either pay those expenses right away or wait until your initial claim is settled and pay the difference.
Benefits of Personal Injury Protection (PIP)
Personal injury protection (PIP) is an often-overlooked insurance coverage that can provide crucial benefits and protections to Texans who have been in a car accident. PIP can cover medical expenses and lost wages that other insurance policies may not fully cover. It can also act as supplemental coverage when the at-fault driver’s insurance coverage is insufficient or denies claims. In this section, we will outline the various benefits of PIP coverage, which can offer peace of mind and financial protection after a car accident.
PIP is valuable insurance coverage to consider, and here are some reasons why:
- Acts as supplemental coverage when the at-fault driver’s insurance coverage is insufficient or denies claims.
- PIP coverage extends to all passengers in the vehicle, ensuring that everyone gets the needed coverage and attention.
- Often less expensive than comprehensive health insurance policies that cover personal injury accidents.
- Unlike traditional insurance coverage, PIP pays out regardless of who is found to be at fault. This makes it a valuable tool for covering your medical expenses directly after an accident while your insurance company investigates the claim.
- There’s no need to go through the hassle of proving fault or defending yourself against false allegations and insurance adjusters.
- It allows you to receive timely medical attention without worrying about immediate expenses while your case is being investigated.
As a personal injury attorney, I recommend you consider speaking with one of our attorneys at the Law Office of Shane McClelland, PLLC. We offer a free consultation for you to discuss your options and see how we can help you recover from your accident.
Contact Us for Experienced Legal Help
Dealing with insurance companies and trying to recover financially after a car accident can be overwhelming. If you’ve been involved in a car accident, Attorney Shane McClelland and his team can help you. With over 15 years of experience, we will help you navigate the complicated insurance system. We walk shoulder to shoulder with our clients to help them recover from their losses. Call us at 713-987-7107 or contact us online to get started today!