MANAGEMENT

BUISENESS MANAGEMENT

INSURANCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
While Virginia is an “at fault” state, some states are not. Purchasing additional Personal Injury Protection would be a good idea in these ____ states.
A
“fault finding”
B
“full fault”
C
“no fault”
D
“your fault”
Explanation: 

Detailed explanation-1: -In Virginia, PIP insurance is actually known as MedPay. MedPay coverage is an optional coverage you can buy on your own car that protects you and the people in your car by payment of medical expenses related to the injury that you’ve sustained in an auto accident.

Detailed explanation-2: -The Commonwealth of Virginia is an “at-fault” insurance state. Unlike in states that follow “no-fault” insurance rules– a party who is injured in an automobile accident does not pursue compensation from their own insurance company. They seek indemnification from the at-fault drive or that driver’s insurance.

Detailed explanation-3: -In typical no-fault states, drivers are required to carry personal injury protection (PIP) insurance to pay for their own medical expenses after a car accident, regardless of fault. In Virginia, PIP is not required.

Detailed explanation-4: -Learn about our editorial standards and how we make money. The 12 states that have no-fault insurance laws are: Florida, Hawaii, Kansas, Kentucky, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Dakota, Pennsylvania, and Utah.

There is 1 question to complete.