PIP Insurance (Personal Injury Protection)

Personal Injury Protection (PIP) insurance is a type of insurance coverage that covers medical expenses, and other damages resulting in an auto accident, regardless of fault. The coverage may also coverage lost wages up to a certain amount weekly.

PIP insurance is proved by auto insurance companies. PIP insurance is mandatory in some states, especially states with no-fault laws. The amount of coverage required varies by state. This type of coverage will cover the person on the named policy, family, and passengers.

The medical expenses of PIP may be limited, so it's best to also have a health insurance plan, to cover other medical expenses. Usually the limit is around $10,000. This coverage may be required or optional in your state. However, the extra coverage may be good to have even if it's optional. To find out if it's required in your state, check with your insurance state department.