Personal Injury Protection Questions:
What Does PIP Coverage Stand For?
Personal Injury Protection (PIP).
What Does PIP Mean?
PIP is a no-fault coverage that will pay only medical expenses and/or lost wages after a crash. You can make a PIP claim whether you are at fault or a victim.
Is PIP Required?
In Maryland, PIP coverage is required unless you sign a waiver.
Which Insurance Company Pays the PIP?
The vehicle in which you were sitting in at the moment of impact is legally required to pay the PIP. Not the at fault driver’s insurance company.
How Much PIP Coverage Is There?
In Maryland, there are 3 levels of PIP coverage: policy will have $0, $2,500, $5,000 or $10,000.
Is PIP Available for Everyone in the Car at the Time of the Crash?
Yes, each person in the car gets their own PIP claim at the limits you purchase. For example, if you have 3 people who are injured in the car and you have $2,500 in PIP, each person is entitled to up to $2,500.
Do I Have to Pay PIP Back?
No! In Maryland, PIP does not have to be paid back.
Will They Raise My Rates for Making a PIP Claim?
The insurance laws in Maryland prohibit insurance companies from raising your rates for making PIP claims.
How Much Does PIP Pay Out?
PIP will pay 100% of claimed medical expenses and 85% of claimed lost wages up to your PIP limits.
I Signed a PIP Waiver, What Does That Mean?
You have waived your right to make a PIP claim.
What Happens When PIP Is Exhausted?
PIP limits are exhausted when they have been paid out to the limit of your coverage. If you are still incurring bills or lost wages after PIP is exhausted, then health insurance pays.
Can I Get PIP From the Other Driver’s Insurance?
Only if you were a pedestrian or a bicyclist.
What Does “Guest PIP” Mean?
Generally, this means there is PIP coverage for the occupants of your car, but that you waived PIP coverage for yourself and members of your household.
Do I Need to Buy PIP Coverage?
You should buy PIP coverage because it is generally affordable, it can be used whether you are at fault or not, and it does not have to be reimbursed.
** FAQs are not a substitute for legal advice and should not be relied upon. **