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No Fault insurance: What is it and why? 101

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No fault insurance is a claim you make against your own automobile insurer for medical bills and lost wages/earning under "no fault" law, if your state has it.... Commonly known as PIP (Personal Injury Protection)

12 States that currantly offer No-Fault insurance:
Florida, Michigan, New Jersey, New York and Pennsylvania have verbal thresholds. The other seven states—Hawaii, Kansas, Kentucky, Massachusetts, Minnesota, North Dakota and Utah—use a monetary threshold. Puerto Rico also offers No fault insurance.

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* Book/Audio: Dave Ramsey's complete guide to money https://amzn.to/2VI5eCX
* My website: https://www.thinkinsuranceguide.com

Please comment below with any questions you may have.

Disclosure: Please consult your agent before making any changes you feel you are not knowledgeable with. Due that the laws being different in each state, I am not responsible for any changes or updates that may have occurred after the making of this video.

Видео No Fault insurance: What is it and why? 101 канала Think Insurance
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9 февраля 2017 г. 19:33:02
00:08:59
Яндекс.Метрика