PIP (Personal Injury Protection) insurance is a type of car insurance coverage that helps pay for medical expenses, lost wages, and other related costs in the event of an accident, regardless of who’s at fault.
How PIP insurance works
When you’re involved in an accident, you file a claim with your own insurance company instead of the at-fault driver’s insurer. Your PIP coverage will help cover expenses such as:
- Medical bills
- Rehabilitation costs
- Lost wages due to injury
- Funeral expenses (in case of death)
PIP insurance coverage limits vary depending on your policy and state requirements. Make sure to review your policy and understand the maximum amount your insurer will pay for each category of expenses.
Not all states require PIP insurance. In some states, it is mandatory, while in others, it is optional or not available at all. Check your state’s insurance requirements to determine if you need PIP coverage.
On a final note
Overall, PIP insurance can provide valuable financial protection in the event of an accident, helping you cover medical expenses and other related costs. Be sure to consult with your insurance provider to determine your PIP policy’s specific terms and conditions.