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What is PIP insurance and do I need it in 2020?



How can three small letters be so scary and confusing?

When it comes to car insurance, many topics are difficult to understand, just like homeowners insurance .

  What is pipe insurance

And unfortunately, many of the car insurance articles you will read online will give you more questions.

In this post today I will help you understand what is pipe insurance is also like how it works and when you need it.

What does PIP stand for?

Personal injury protection

Is PIP important?

Yes, PIP is very important.

A good way to remember this is by thinking of the character, Pip, in Charles Dickens' beloved classic, Great Expectations.

Pip is not only the main character, whose actions form the main plot, but he is also the narrator, whose thoughts shape the reader's perception of the story.

Pip is truly the most important character in the timeless novel. [19659002] Depending on where you live, PIP can possibly be considered the most important coverage line you invest in.

What does PIP do for me?

It will protect you personally. And just like Pip, it knows how to deliver a solid punch:

PIP is also known as "no-fault coverage", as it will pay no matter who is at fault.

PIP will pay medical bills. for you and the people in the car with you when you are injured in a car accident .

This cover can also protect you if a collision occurs when you are a passenger in someone else's car, or if you are hit by a car while walking or cycling.

It's much like your homeowner's insurance coverage, which covers medical bills from a contractor who damaged your property .

Agents not required.

Get a quote and register online without talking to an agent. But we're here if you need us.

Indefinite, expert advice.

Get impartial insurance training from licensed experts and also avoid dubious sales calls.

Coverage in a few minutes.

You can get car insurance coverage within minutes of receiving your quotes and application.

What exactly does PIP cover?

Caps on Policy Benefits

The specific bills covered by PIP vary from state to state.

But here's what PIP usually pays for:

  I need pipe insurance
  • 80-100 percent of medical bills : This includes payments for surgeries, prescriptions, ambulance fees, rehabilitation, glasses, hearing aids, etc. [19659033] 60-80 percent of lost wages : This will pay back for your actual lost income plus your lost earning capacity
  • 100 percent of the services : This includes payments for services for things you can no longer do as housekeeping, childcare and farm work [19659034] 100 percent of mileage : This includes ayments for the mileage of your car you collect and return to the doctor's and rehabilitation centers
  • $ 5000 in death benefits : If someone on your policy dies, PIP will cover funeral costs and other costs [19659038] Please note that claims for personal injuries must normally be submitted within 14 days after the accident.

Remember that this coverage is only for you and the passengers in the car with you at the time of a car accident. This coverage only applies to injuries and events that occurred during a traffic accident.

What does PIP not cover?

PIP does not pay for any costs for passengers and drivers of other cars involved in an accident. You need liability insurance for that.

Again, PIP only pays for the medical bills and rehabilitation needed after car accidents. For injuries that did not occur in a car crash, you need health insurance.

Do I have to buy PIP?

It depends on where you live. Currently, 14 states require personal injury protection.

Where is PIP required?

Here are the states where at least a certain amount of PIP is required :

  • Delaware
  • Florida
  • Hawaii
  • Kansas
  • Kentucky
  • Massachusetts
  • Michigan [19659051] Minnesota
  • New Jersey
  • New York
  • North Dakota
  • Oregon
  • Pennsylvania
  • Utah

How much PIP coverage is required?

Here's how much these 14 states require for PIP coverage:

  • Delaware – $ 15,000 per person & $ 30,000 per accident
  • Florida – $ 10,000 per person, per Hawaii
  • Hawaii – $ 10,000 per person, per accident
  • Kansas – $ 4500 per person, per accident
  • Kentucky – $ 10,000 per person, per accident
  • Massachusetts – $ 8,000 per person, per accident
  • Michigan – unlimited with a deduction of $ 0, $ 300 or $ 500
  • Minnesota [19659065] – $ 40,000 per person, per accident
  • New Jersey – $ 15,000 per person, per accident
  • New York – $ 50,000 per person, per accident
  • North Dakota [19659062] – $ 30,000 per person, per accident
  • Oregon – $ 15,000 per person, per accident
  • Pennsylvania – $ 5000 per person, per accident
  • Utah [19659062] – $ 3000 per person, per accident [19659087] In Arkansas, Maryland and Texas you can deny PIP coverage by signing an exemption but that's a bad idea.

How much does PIP cost?

Car insurance costs vary greatly depending on many factors, including the driver's age, gender, marital status, credit history, driving record, location, vehicle type and more.

There are free car insurance comparison tools you can use that do not require you to enter your social security number.

You start by simply entering your zip code and it gives you some of the best insurances offered in your area for you to compare.

You can quickly compare PIP prices from top suppliers in your area with one of these tools.

In general, you can expect to pay 15% to 20% more to add PIP to your car insurance.

Here is a video to help you explain how that investment will pay off:

Agents not required.

Get a quote and register online without talking to an agent. But we're here if you need us.

Indefinite, expert advice.

Get impartial insurance training from licensed experts and also avoid dubious sales calls.

Coverage in a few minutes.

You can get car insurance coverage within minutes of receiving your offers and application.

Taking action

There is no need to wait if you need PIP insurance, you can get started quickly and easily today.

Remember that some states require you to get pipe insurance and others do not, so be sure to review the insurance by state to make the best purchasing decision.

You can click here or any of the above buttons to get started.


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