Personal Injury Protection (PIP) is a comprehensive "no-fault" coverage that pays for medical and other expenses after an accident, regardless of who caused it.
What PIP Covers
- Medical Expenses: Hospital bills, surgery, rehabilitation, prescriptions
- Lost Wages: Income you lose while recovering from injuries
- Funeral Expenses: In the event of a fatal accident
- Survivor Benefits: Support for dependents
- Essential Services: Costs for tasks you can't perform while injured (childcare, housekeeping)
How PIP Works
- You're involved in an accident
- You file a PIP claim with your own insurance
- Your insurance pays covered expenses regardless of fault
- No need to wait for fault determination
PIP vs. MedPay
| Feature | PIP | MedPay |
|---|---|---|
| Medical expenses | ✓ | ✓ |
| Lost wages | ✓ | ✗ |
| Funeral costs | ✓ | ✗ |
| Essential services | ✓ | ✗ |
No-Fault States
PIP is required in "no-fault" states, including:
- Florida
- Michigan
- New Jersey
- New York
- Pennsylvania
- And others
Availability
PIP is only available in select states. In states where PIP isn't available, Medical Payments coverage provides similar medical expense protection.
Choosing PIP Limits
Consider:
- Your health insurance coverage and deductibles
- Your income (for lost wage calculations)
- State minimum requirements
- Your family situation
Comments
0 comments
Please sign in to leave a comment.