In
Maryland it is mandatory for all drivers to carry car insurance by a state recognized
provider. In order to protect yourself and others, it is required that your
policy covers a minimum of 15K for property damage, 30K for bodily injuries,
and at least 60K for the coverage of two or more individuals. While one is
forming an insurance plan, Maryland offers something called PIP, this stands
for personal injury protection. Now what exactly does PIP do? Personal injury
protection covers medical bills for any injuries you may have obtained during
an accident. Coverage includes other expenses you’ve had to endure in wake of
your injuries, and wages that have been lost. There are benefits to having PIP
for such a low cost.
The policy plan has also been
referred to as “no fault insurance”, meaning it does not matter who caused the
accident, in order to receive compensation. Additionally, PIP holders have the
potential to recover twice for their damages.
In cases where the other driver is at fault, you are able to recover
wages and medical expenses from both their insurance company, along with your
own insurance carrier. If you were interested in adding PIP to your plan,
Maryland has a minimum requirement amount of 2.5K. Adding PIP to your plan is
generally only a few extra dollars a month. However, it is wildly beneficial to
invest a little extra into your PIP package; the more you invest, the more you
receive.
If you or a family member have been injured or killed in a
Maryland car, truck, or motorcycle accident and would like to consult an
experienced personal injury attorney for free, contact our office at (301)
854-9000 to schedule an appointment at one of our office locations in Ocean
City or throughout Maryland or visit us online at http://www.portnerandshure.com/Personal-Injury/
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