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In California, minimum coverage car insurance requirements are 30/60/15 effective Jan. 1, 2025. ... Personal injury protection (PIP) Helps pay for you and your passengers’ injuries, medical ...
Personal injury protection (PIP) is an extension of car insurance available in some U.S. states that covers medical expenses and, in some cases, lost wages and other damages. PIP is sometimes referred to as "no-fault" coverage , because the statutes enacting it are generally known as no-fault laws, and PIP is designed to be paid without regard ...
The plans are typically more expensive and provide less coverage than commercial plans. [5] If the FAIR Plan does not have the money to pay out all claims, it collects money from insurance companies that operate in California. [5] According to data from 2020, the FAIR Plan covers 2.5% of the statewide market share, but 20.4% of the market share ...
Insurance companies doing business in California must put money into a fund to pay for coverage under the FAIR Plan. The number of people on the FAIR Plan has nearly doubled in recent years ...
However, if your PIP coverage isn’t enough to pay for damages, you may need to seek additional compensation from the at-fault driver's liability insurance or your own medical insurance. When ...
Disability insurance (also known as state disability insurance, statutory disability programs or state disability benefits) is a kind of insurance, which is funded by mandatory contribution of employees. Employees can lower the tax they have to pay to their state, by the fact that their contributions are tax-deductible.
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