The Ultimate Guide to Understanding PIP Insurance

Personal Injury Protection (PIP) insurance, also known as no-fault insurance, is a type of Providence full coverage auto insurance designed to provide medical and related expenses coverage regardless of who is at fault in an accident. PIP insurance goes beyond traditional liability coverage and is mandatory in some states, while optional in others.

Lost Wages Coverage:

PIP insurance can provide coverage for a portion of lost wages if the injured party is unable to work due to the accident. This can help mitigate the financial impact of injuries that lead to temporary or permanent disability.

Medical Expenses Coverage :

PIP insurance covers medical expenses resulting from an accident, such as hospital bills, doctor visits, surgery costs, and prescription medications. This coverage extends to the policyholder, passengers, and pedestrians involved in the accident.