What is Personal Injury Protection on Auto Insurance?

Are you wondering what personal injury protection (PIP) is on auto insurance? Personal injury protection (PIP) is a type of coverage offered in some states that covers medical expenses and lost wages for you and your passengers should you be injured in an auto accident. PIP is also known as “no-fault” coverage because it pays for the expenses regardless of who is at fault for the accident.

Essential Components of PIP Insurance

PIP insurance covers the cost of medical expenses, lost wages, and rehabilitation costs. It may also cover funeral expenses, death benefits, and legal expenses. Depending on the policy, PIP may also cover medical insurance deductibles, co-pays, and other out-of-pocket expenses.

Who is Covered Under PIP Insurance?

PIP insurance typically covers the insured driver, passengers, pedestrians, and family members who are in the insured vehicle at the time of the accident. In some cases, PIP insurance may also cover family members who are injured in another vehicle or as pedestrians. PIP coverage may also cover other licensed drivers who are using the insured vehicle with the owner’s permission.

How Much Does PIP Insurance Cost?

The cost of PIP insurance varies depending on the amount of coverage you choose. Generally, the more coverage you have, the higher the premium you’ll pay. It’s important to note that the minimum coverage required by law varies from state to state, so be sure to check your state’s laws before selecting a policy.

Why Should I Consider Getting PIP Insurance?

PIP insurance is a great way to protect yourself and your passengers in the event of an accident. It can help pay for medical bills and lost wages, which can be extremely expensive if you’re injured in an auto accident. Additionally, PIP coverage can help protect you from being sued by another person involved in the accident.

Is PIP Insurance Required?

PIP insurance is not required in every state, but it is required in some states. If you live in a state that requires PIP insurance, you must purchase it or you may be subject to fines and penalties. Additionally, if you are leasing or financing a vehicle, your lender may require you to have PIP coverage.

Do I Need an Attorney to File a PIP Claim?

In most cases, you do not need an attorney to file a PIP claim. However, if your claim is denied or your insurance company is unwilling to pay your claim, you may need to hire an attorney to help you. An attorney can help you appeal the denial, negotiate with your insurance company, or file a lawsuit.

Conclusion

Personal injury protection (PIP) insurance is an important coverage to consider when shopping for auto insurance. PIP can help cover the cost of medical bills, lost wages, and other expenses should you be injured in an auto accident. It is important to understand the coverage offered by your policy and to make sure you are compliant with your state’s laws.