What Is No Fault Car Insurance Or PPI Insurance?

Do You Need It?

When you got up this morning, you began to plan your day. Most people never anticipate having a car accident. Many motorists understand that basic auto insurance pays for the damage to your car, the other person’s vehicle and their bodily injuries. Even damage to light poles or fire hydrants is covered.

But what about the medical payments for you or for passengers should injuries occur in your car?

If this potential problem concerns you, that is where No Fault auto insurance (sometimes known as PPI payment protection insurance) can come to the rescue.

No Fault car insurance or PPI is an optional extension of your current policy and will cover drivers for their medical expenses and those of their passengers due to a collision. In Illinois, auto insurance policies respond based on fault. This means that a motorist’s insurance company will only be responsible for paying claims based upon the level of fault assigned to their insured.

However, PPI (payment protection insurance) car insurance or No Fault auto insurance will cover you and the people in your car for bodily injury – regardless of fault.

What Is Covered With Illinois PPI or No Fault Insurance?

It depends on the insurance company issuing the policy, but generally auto insurers in Illinois will cover the following under the No Fault Insurance or PPI auto policy.

• Medical & Hospital Expenses
• Health Insurance Deductible
• Lost Wages
• Other essential services such as child care or housekeeping (that you might not be able to accomplish due to your accident).

How Much Will PPI (No Fault) Insurance Pay?

 The amount covered under the No Fault/PPI car policy will vary depending upon the amount of coverage purchased or insurance company’s provisions.  In all cases, the maximum amount payable under No Fault car insurance will be the total amount a carrier will pay out for any one claim.

Do I need No Fault Auto Insurance (PPI) Coverage?

Illinois is a state that does not require motorists to carry No Fault/PPI insurance. So if the law doesn’t require you to have No Fault car/PPI auto insurance, should you?

Only an individual motorist can determine if No Fault Car/PPI insurance is right for them. Picture your ability to pay if you were confronted with your own medical bills or those of your passengers in the event of an accident.

If such a situation would bring on an unbearable financial burden upon you, then No Fault or PPI auto insurance may be for you. The premium charged for the policy is far less than the out of pocket expense you’d have with no insurance.

Be sure to talk to your auto insurance specialist about No Fault Car or Payment Protection Insurance (PPI).  You can choose the coverage and premium that is right for you. For after all, your peace of mind is worth it! Happy Motoring!

Contact Us for PPI Coverage

For more information of PPI Coverage eligibility, visit Insure on the Spot today for a FREE Quote. Also, if you are interested in other policies to keep you on the go, we also offer FREE Quotes for SR22 Insurance and General Auto Insurance in Chicago!