Understanding No-Fault Insurance Benefits (Personal Injury Protection)

No-Fault Insurance BenefitsNo-Fault, also called Personal Injury Protection (PIP), pays for the losses up to $50,000 to individual person who is injured in an accident, be it a pedestrian, passenger or the driver. The purpose of Wyoming’s No Fault law is purely to restore health, assets and productivity, though slowly yet steadily for every individual who are hurt in an auto accident. It also ensures that economic losses are met and not exceeding the law’s benefits.
No-Fault is a coverage mainly to cover personal injury and not to pay for any car repair or damage to parts of vehicles or any personal property. No-Fault pays first for injuries when an accident occurs hence standing much before a health insurance.

Inclusions

Any basic No-Fault car insurance coverage includes:

  • Necessary and reasonable rehabilitation and medical charges related to an accident.
  • 80% of earnings which you have lost from work, pays up to $2,000 per month for 3 years, count starts from accident date; it also offers disability benefits on statutory offsets for Wyoming Worker’s Compensation, State disability, and Federal Social Security.
  • Pays up to $25 per day, from accident date up to an year, to reimburse necessary and other reasonable expenses resulted from an auto accident.
  • Death benefit of $2,000 payable to eligible person’s beneficiary who was killed in the accident.

However, a person will not be eligible under few car insurance policies for No-Fault benefits. If,

  1. DUI comes into picture i.e. a driver is under intoxication and accident occurs.
  2. Causing injuries intentionally.
  3. A felony committed and is injured.
  4. Injured when in a stolen vehicle.
  5. An uninsured vehicle is owned by you.