Personal Injury Protection (PIP) insurance is different from bodily injury liability insurance in that PIP coverage takes care of your own expenses, while liability insurance pays for the medical costs of drivers and passengers of other vehicles when you are at fault in an accident. Bodily injury coverage covers injuries suffered by another person, but it does not cover your own or death. This coverage protects you against lawsuits filed against you if you are responsible for the accident.
Personal Injury Protection (PIP)
insurance coverage includes the payment of medical and rehabilitation expenses related to injuries, loss of income, and funeral and burial expenses.It is recommended to have at least as much personal injury liability insurance coverage as required by your state, and it is wise to buy coverage limits equal to your assets. PIP, also known as no-fault insurance, covers medical bills and related costs that result from an accident, regardless of who caused it. PIP is available in no-fault insurance states and covers your expenses no matter who is at fault for the accident. It is recommended to maintain sufficient bodily injury liability insurance to cover your net worth to avoid lawsuits.
Drivers around the world, except in New Hampshire, Virginia, and remote parts of Alaska, must have at least the minimum amount required by their state of bodily injury liability coverage. With liability insurance, medical expenses are covered for the third party, not for the policyholder, if the policyholder is found to be at fault. Bodily injury liability coverage includes paying for any physical injury that occurs in an accident that you cause.
Personal injury protection
generally covers medical expenses, up to the limits of your policy, for you and your car's passengers in the event of an accident.The difference between bodily injury (BI) and personal injury (PIP) coverage in auto insurance is that PIP pays the medical bills of the policyholder, while BI covers the medical bills of others when the policyholder is at fault. Bodily injury liability coverage is required by law in almost every state, so you'll likely need it. PLPD insurance covers the other driver's injuries and property damage if you are found to be at fault in a car accident, but it does not reimburse you for your medical expenses or damage to your property. Consequently, you should have sufficient bodily injury liability coverage to match your assets, rather than just covering the state minimum.
