By Catherine Powell
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| Image courtesy of wikimedia |
For the uninitiated, PIP stands for
personal injury protection. In Florida
PIP pays for 80% of your medical bills and 60% of your lost wages caused by an
auto accident, up to a maximum of $10,000.
As such, it’s one of the few provisions of your auto insurance policy
that’s paid regardless of who is at fault or whether you are on foot or riding
a bicycle. This means if you carry auto
insurance in Florida and are involved in an auto accident in any way, shape or
form, you could be eligible to receive benefits. That’s the good news.
