Personal injury protection (PIP), commonly known as "no-fault insurance," is a part of a vehicle insurance policy that pays for medical bills incurred as a result of a car accident. PIP covers medical expenses for both injured policyholders and passengers, even if some passengers don’t have health insurance.
This coverage could help even if you’re not in your car. If you're hit by a car while walking, riding your bike, or even riding in someone else's automobile, PIP will cover you up to the limitations you set, depending on the state of affairs.
What Personal Injury Protection Covers
Personal injury protection (PIP) can cover the following:
- Medical expenses: Medical and surgical care, dental and optometric therapy, ambulance and nurse services, medicine, medical supplies, and prosthetic devices may all be covered under PIP.
- Lost wages: If you are unable to work as a result of an accident, PIP may compensate for your lost wages.
- Substitute services: If you or others covered are unable to perform household activities because of accident-related injuries, PIP may cover the expenses of substitute services.
- Funeral expenses: PIP can help pay for funeral expenses if someone died as a result of an accident.
PIP does not cover bills or payments that are not related to personal injuries after a car accident, for example, damage to your vehicle, vehicle theft, damage to other people's property, etc.
States Where Personal Injury Protection (PIP) is Required
In Florida, Hawaii, Kansas, Kentucky, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Dakota, Pennsylvania, Utah, and Puerto Rico, PIP auto insurance is compulsory. In Arkansas, Delaware, Maryland, Oregon, and Texas, it is a required add-on to vehicle insurance, whereas, in New Hampshire, South Dakota, Virginia, Washington, Wisconsin, and Washington, D.C., it is an optional add-on.
State governments establish minimum coverage standards, which might vary. Insurance companies set maximums, which might vary, but are generally no more than $25,000.
No one can surely predict the future. But we can protect it
A car accident may do considerably more harm than just damage your vehicle. Medical costs, lost income, and other expenditures may rapidly mount up and put a strain on your finances. At Findalowratecan we assist to offset such costs and protect your friends and family.
Go ahead with Findalowrate and be life confident!
