Additional PIP coverage increases the dollar limit by how much?

The correct answer reflects that additional Personal Injury Protection (PIP) coverage can significantly expand the dollar limits of coverage available in Florida. Policyholders in Florida may choose to enhance their PIP coverage beyond the state's minimum requirements. By doing so, it allows for more extensive benefits should an accident occur, thus increasing the limit by a substantial amount, often up to $25,000 or more.

This increase is particularly important given that PIP is designed to cover medical expenses and lost wages in the event of an auto accident, so having a higher coverage limit can offer greater financial protection and assistance during recovery. The ability to opt for a substantial increase in coverage is beneficial for those who want additional security in their insurance policy, particularly in a state like Florida where healthcare costs can be significant.

The option indicating a lower limit, such as $5,000 or $10,000, suggests a much smaller enhancement, which does not align with the potential amounts often discussed for supplementary PIP coverage options.