Personal injury protection (PIP), also known as no-fault insurance, covers medical expenses and lost wages for you and your passengers if they are injured in a. While it varies by state, personal injury protection insurance may be a good idea if you have the option. Currently, several states require personal injury protection (PIP) coverage, regardless of whether you have health insurance. PIP is also offered as optional coverage in some states, and may be worth considering to get coverage for incident-related expenses that your health insurance doesn't cover.
A no-fault insurance status requires drivers to have PIP coverage so that some or all of their medical expenses resulting from a car accident are covered by their own insurance, regardless of who is at fault. Personal injury protection (PIP), also known as “no-fault insurance,” is a component of an auto insurance plan that covers medical care expenses related to a car accident. Progressive's full coverage typically includes at least the minimum auto insurance coverage required by the state, along with collision and all-risk insurance to protect the policyholder's vehicle. The best way to find cheap PIP insurance is to compare prices and quotes from several insurers in your state.
Personal injury protection (PIP) is a type of insurance that pays medical bills after an accident, regardless of who was at fault, which is why it's often referred to as no-fault insurance. Full coverage isn't the official name of any type of insurance, so be sure to clarify if these types of insurance are included if you buy a Progressive policy. If the cost of necessary medical care exceeds the PIP limits of the car insurance policy, sometimes the additional expenses are covered by health insurance. There's no right or wrong answer when selecting an auto insurance deductible; it's a matter of preference.
Similarly, comprehensive insurance covers the policyholder's car if it is damaged by something other than an accident, such as vandalism, fire, or natural disaster. This type of coverage protects you if you're involved in an accident with a driver who doesn't have car insurance or doesn't have enough coverage. This information is not an insurance policy, does not refer to any specific insurance policy, and does not modify any provision, limitation or exclusion that is expressly stated in any insurance policy. However, personal injury protection is still considered a good investment because using medical insurance to cover injuries from car accidents often involves more out-of-pocket costs.
If your health insurance plan overlaps your PIP coverage and has a low deductible (and you know that your claim is likely to be filed under your health plan and not your car insurance policy), then you can choose a higher deductible on your PIP coverage to reduce the cost of your car insurance. If you are involved in a car accident and are found to be at fault, the insurance company will consider you a higher-risk driver than before and, as a result, your premium will likely increase.
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