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Personal injury protection (PIP) is an extension of car insurance available in some U.S. states that covers medical expenses and, in some cases, lost wages and other damages. PIP is sometimes referred to as "no-fault" coverage , because the statutes enacting it are generally known as no-fault laws, and PIP is designed to be paid without regard ...
PIP insurance covers the medical bills of drivers involved in an accident, regardless of who is at fault. The idea behind the creation of PIP insurance was that it would reduce the number of ‘ pain and suffering ’ or ‘loss’ lawsuits, thereby reducing insurance company payouts and ultimately reducing insurance premiums.
No-fault systems generally exempt individuals from the usual liability for causing bodily injury if they do so in a car collision; when individuals purchase "liability" insurance under those regimes, the insurance covers bodily injury to the insured party and their passengers in a car collision, regardless of which party would be liable under ordinary legal tort rules.
Personal injury protection (PIP). ... It would mean spending $2,400 in premiums over just three years — nearly the entire value of your car. ... Combining your auto insurance with your ...
Personal injury protection (PIP): In some states, PIP is mandatory, but in others, it’s an optional add-on. This coverage could be crucial for covering medical expenses, lost wages or other ...
LOS ANGELES, CA / ACCESSWIRE / August 15, 2020 / Compare-autoinsurance.
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