As an auto injury chiropractor, I have seen numerous patients who have been involved in car accidents. Unfortunately, the consequences of a severe collision can be devastating both physically and financially. One question that comes up frequently from patients is, “What is the average cost for a severe injury in a collision?”
The truth is that the cost of a severe injury can vary greatly depending on the extent of the damage and the treatment required. However, what we do know is that the cost of medical care in the United States is notoriously expensive, and without proper insurance coverage, it can quickly become unmanageable.
In New Jersey, drivers are required to have Personal Injury Protection (PIP) coverage as part of their car insurance policy. PIP coverage helps pay for medical expenses and other costs associated with a car accident, regardless of who was at fault. The minimum PIP coverage in NJ is $15,000, which may seem like a lot of money, but in the event of a severe injury, it can quickly be exhausted.
That’s why it’s essential for drivers to review their car insurance policy and consider increasing their PIP coverage. In New Jersey, there are various levels of PIP coverage available, including $25,000 up to $500,000. The standard coverage is $250,000 unless you specified a lower amount when you purchased the policy. Unfortunately, many insurance policies bought online or direct to consumer are often limited to $15,000 without your knowledge. The higher the coverage level, the more protection you have in the event of a severe injury.
While increasing your PIP coverage may seem like an unnecessary expense, it can actually save you thousands of dollars in medical bills and other costs in the event of an accident. Moreover, having good coverage is often very affordable, and many insurance providers offer discounts for safe driving habits, such as not getting into accidents or obeying traffic laws.
Get Professional Help!
Let’s face it. Insurance is confusing in general, and automobile coverage has extra complications as it covers medical, physical damage to your car and damage to property you might have damaged as a result of your accident.
I always recommend that my patients consult with an insurance professional to review their policy and ensure they have adequate coverage in case of an accident. An insurance professional can help you understand the different levels of PIP coverage available and find the right coverage to fit your needs and budget.
In conclusion, the cost of a severe injury in a car accident can vary greatly, but what we do know is that medical care in the United States is expensive. It’s crucial for drivers to have adequate insurance coverage, including PIP coverage, to protect themselves from high medical bills in the event of an accident. Remember to consult with an insurance professional to review your policy and ensure you have the right coverage to fit your needs and budget.
