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Coverage implications for injured individuals if PIP insurance is lowered

1:26:06

ยท

27 sec

Council Member Brooks-Powers inquires about the potential consequences for injured individuals if PIP insurance coverage is lowered to $50,000. Commissioner Do is unable to provide a definitive answer.

  • The council member asks if injured pedestrians or passengers would have to cover injuries beyond $50,000 out of pocket if coverage is lowered.
  • Commissioner Do states that he cannot speak on this matter as he is not an insurance regulator or provider.
  • This exchange highlights the complexity of the issue and the need for input from insurance experts to fully understand the implications of changing PIP insurance requirements.
Selvena N. Brooks-Powers
1:26:06
If a pedestrian or a passenger gets injured in a taxi crash and coverage is lowered to $50,000, will the injured person have to cover injuries beyond $50,000 out of pocket?
David Do
1:26:21
Again, I'm not an insurance regulator or insurance provider, so I I can't speak on that.
Selvena N. Brooks-Powers
1:26:27
Okay.
1:26:29
I'm gonna allow council member Banks to ask his final question.
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