Getting an automobile insurance policy goes hand-in-hand with owning and operating a vehicle. There are different options for coverage, but motorists don’t always understand the implications of their choices.
Personal injury protection (PIP) pays for the medical care you and your passengers need after a collision. Coverage also applies when you’re a passenger in someone else’s vehicle or if you’re struck while walking or riding a bike.
PIP: above and beyond
There may be some overlap with your health insurance policy. However, PIP coverage is specifically designed for car-related injuries.
What else should you consider?
- PIP operates under a no-fault system. Regardless of who causes an accident, you can expect coverage for you and your passengers. This helps remove barriers to seeking appropriate medical care.
- An accident report must be filed with your insurance company as soon as possible – typically within 24 to 72 hours of an incident.
- In addition to medical treatment, PIP may also provide compensation for lost wages if you cannot work due to accident-related injuries.
The state of New Jersey requires motorists to have PIP coverage, so it’s important to familiarize yourself with local laws to remain in compliance.
PIP is an integral part of auto insurance coverage that eases the financial burdens of motor vehicle accident injuries. Understanding your mandatory policy needs, coverage details and potential benefits can help you coordinate recovery efforts with your other carriers as you seek the physical and financial recovery you deserve.