The
Texas Department of Insurance requires automobile insurance carriers
in our state to issue all automobile policies it writes at least
$2500 worth of coverage and you have this coverage unless you reject
it in writing. Most people are unaware of this coverage or even know
what it is and therefore very few people use it. You end up paying
for coverage that they don’t inform you about and you’re entitled to.
Why?
Insurance is not understood and most people rely on their agent and
claims adjusters to advise them on what to do after an accident.
Insurance is a multi-billion dollar industry and are in business to make
money. They keep their costs down, less payout, more profits and
bonuses at the end of the year. Good for them and not for you.
What is PIP?
PIP
is no fault coverage similar to health insurance but on your auto
policy for your injuries and your passengers injuries. This coverage is
available regardless who is at fault. Yes, you can be the cause of
the accident and you will still be covered. There’s no deductible and
no co-payment. There is other separate coverage that will cover the
other party if you were at fault. If you do not have PIP then you
could still be covered if you were in an accident in another state
besides Texas. You may also be covered if you were hit in a crosswalk
by a car or on a bicycle or borrowing someone else’s car.
What will a claim do to my insurance rates and policy renewal?
Under
section 5.7016 of the Texas insurance code, automobile insurance
carriers cannot non-renew you for filing one PIP claim in a 12 month
period. Also, it is unlikely that they would raise your rates for a sole
PIP claim.
Why doesn’t the other guy’s insurance pay for my medical expenses and why should I use my insurance?
Medical
treatment is expensive and you are liable for the costs. There is a
chance that the other party may never pay for your medical expenses
leaving you a financial burden. PIP gives you peace of mind that your
medical bills are covered. If you use your health insurance, you may
have to pay a deductible and co-pays to your doctor and if the health
insurance finds out that you were in an accident they could request
to be reimbursed. Some people get referred to a medical provider by
their attorney and the medical provider agrees to be paid months or
even years later. Since there are a limited number of medical
providers who agree to this arrangement, your choice and quality of
healthcare may be limited. The answer is to use your PIP coverage so
you will not have to pay for medical expenses out of your pocket and
get the best possible healthcare treatment available for you and your
family’s injuries caused by the accident. Also, if there is
coverage from the other guys insurance, then this is an added advantage
to reduce any out of pocket expense.
CALL US!
Come in and GET EXAMINED NOW!
972-392-4476
Auto/Car Accident Doctor in Dallas
VISIT US HERE
https://www.dallaspainandwellness.com/accident/
CALL US!
Come in and GET EXAMINED NOW!
972-392-4476
Auto/Car Accident Doctor in Dallas
VISIT US HERE
https://www.dallaspainandwellness.com/accident/
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