Car insurance is not only a legal requirement in most states but it ensures a person's financial protection in case of accidents. Car insurance has many components, some of which are mandatory while others are optional. One of these
Car insurance is not only a legal requirement in most states but it ensures a person's financial protection in case of accidents. Car insurance has many components, some of which are mandatory while others are optional. One of these requirements is the Personal Injury Protection or PIP. PIP may or may be required in some states. PIP is not only about medical expenses; it offers a host of other protections to the insured.
PIP is not required in all states. A person who needs PIP auto insurance are those who live in "no-fault" states, such as Florida, Hawaii, Kansas, Kentucky, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Dakota, Pennsylvania, and Utah. These states require PIP in insurance coverage. For those who are living outside these states, they may not need PIP if they have health insurance and disability insurance. However, for those who like the added benefits that come along with this coverage, they may opt to get this type of insurance.
PIP covers medical bills regardless of who is at fault. It can also cover for lost wages for the driver and passengers who become injured in a car accident. It may even cover for the cost of funeral. In no-fault states, a person's own insurer will use the PIP coverage to pay for his and his passengers expenses while the other party will also use his own PIP for his own medical expenses and that of his passengers. In states where PIP is not required, the coverage is very advantageous to the driver because it covers both expenses and lost income. A few hundred dollars addition to the premium means additional protections.
PIP and a medical coverage insurance work similarly in terms of providing for medical expenses. Medical coverage insurance pays for a person's medical bills up to a certain limit described in the policy. PIP also does this. PIP, however, offers so much more than the payment of medical bills as it will also replace services, pay for lost wages and funeral costs. Even pedestrians injured by a vehicle can benefit from the driver's PIP. Also, a medical coverage may not include the vehicle’s passengers.
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