If you have been in a West Palm Beach car accident, there may be seven different types of insurance which could be used to pay you money ofr you damages. The first is BI insurance, that stands for Bodily Injury Insurance, it is insurance that the wrogdoer purchased to protect him or herself in case he or she causes an accident. The second type is UM insurance, that stands for Uninsured Motorist insurance, it means the person has insurance which they can use to compensate themselves if the wrongdoer did not purchase any BI isnurance. Then there is PIP insurance which pays 8% of your medical bills, and 60% of your lost wages with a maximum limit of up to $10,000.00. Casilaty and collision insurnace are used to pay for property damages and Med pay can be used to pay for your medical expenses over and above the PIP insurance.