Florida Insurance Claims Adjuster License Practice Exam

What does Extended PIP increase concerning medical benefits and income loss?

1. Increases medical benefits to 100% and income loss to 80%

2. Increases medical benefits to 90% and income loss to 70%

3. Increases medical benefits to 85% and income loss to 75%

4. No increases to medical benefits or income loss

The correct answer is: Increases medical benefits to 100% and income loss to 80%

Extended PIP, or extended personal injury protection, typically refers to a type of car insurance coverage that provides additional medical benefits and income loss coverage beyond that of the standard PIP coverage. This means that with extended PIP, your medical benefits and income loss coverage will be increased compared to the standard PIP coverage provided by your insurance policy. Options B, C, and D are incorrect because they either decrease or do not change the coverage provided by extended PIP. For example, option B only increases medical benefits to 90% and income loss to 70%, while option D states that there will be no increases to either medical benefits or income loss. Option A is the correct answer as it accurately reflects the purpose of extended PIP by increasing medical benefits to 100% and income loss to 80%.