Broadened PIP coverage protects individuals other than the insured. Auto insurance is a patchwork of laws across the United States, and exact insurance requirements vary among the states. PIP, or personal injury protection, is mandatory in some states, such as Florida, and broadened personal injury...
Most state no-fault laws make PIP coverage primary and health insurance excess. However, increases in the cost of automobile insurance in some states have been associated with significant pressure to shift costs from PIP coverage to health insurance by reducing PIP benefit limits or by making healt...
Overview of PIP Insurance Personal Injury Protection (PIP) insurance is a type of auto insurance coverage that provides medical and financial benefits after a car accident. It is designed to cover the medical expenses, lost wages, and other related costs resulting from an accident, regardless of ...
Personal injury protection, often called “PIP insurance,” is a type of car insurance coverage that pays for medical expenses after a crash, regardless of who’s at fault. Florida drivers must have $10,000 in PIP insurance, the maximum amount of money (or “limit”) your insurance company...
“first party” coverage, meaning that the injured person gets the benefits from his own insurance policy without having to sue, regardless of who caused the accident—hence the “no-fault” name. In exchange for the benefits, restrictions are placed on the person’s ability to bring...