Personal Injury Protection (PIP)

What is it? This is a special form of insurance that pays for your medical expenses and loss of income because of an automobile accident. PIP pays for expenses youve actually incurred, up to a specific, per-person dollar amount. PIP is a broader form of medical payments insurance. Its also an integral part of the no-fault insurance concept. In fact, states that have no-fault laws require drivers to buy PIP. Its also offered as an optional coverage in some states without no-fault laws. This coverage varies greatly from state to state.

Added By: Isaiah

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We hope you now understand the meaning of Personal Injury Protection (PIP). If you need any more information on this term, please don't hesitate to contact us.