What is Personal Injury Protection coverage?

Personal injury protection is commonly referred to as no-fault car insurance or PIP. Personal injury protection automatically provides you with car insurance coverage regardless of who is at fault. Personal injury protection coverage provides personal reimbursement for certain medical and rehabilitation expenses, or lost wages from injuries to the driver, passengers, or pedestrians as a result of a car accident.

Personal injury protection is one of the coverages that is most often misunderstood. Coverage and limits for personal injury protection tend to vary from state to state. Make sure you check the guidlines for your state in order to receive the best personal protection that is possible.

In general, personal injury protection can prove to be very beneficial. However, for some consumers such as retirees, it is not recommended. Personal injury protection tends to duplicate a consumer's health insurance or fail to meet certain needs. A retiree may not be concerned with wage loss because he may already be receiving a fixed income. The retiree should look into medical payments coverage instead.