selected portland personal injury blog
Oregon PIP Insurance Update
Thu October 1, 2009, 2:59 pm
“PIP”, an acronym for Personal Injury Protection, refers to medical and wage loss insurance benefits under your auto policy or the auto policy of the driver, if you were a passenger. PIP insurance is “no fault”. In other words, PIP benefits apply even if you were at fault. PIP also provides at least $2,500 for reasonable and necessary funeral expenses related to a motor vehicle accident.
Regarding the medical benefit, “PIP” pays “reasonable and necessary” medical, chiropractic, therapy, prescription and dental expenses related to the motor vehicle accident. As of the date of this article,
As mentioned above, PIP coverage also contains a wage loss benefit. If your doctor releases you from work for at least 14 days, your PIP insurer should pay you a wage loss benefit equal to at least 70% of your wages up to a maximum of $1,250 per month for up to 52 weeks. Beginning January 1, 2010 this wage loss benefit will increase to a maximum of $3,000 per month.
Richard Rizk, Personal Injury Attorney, Disability Attorney, Insurance Attorney.