Personal Injury Protection (PIP) is a type of insurance coverage that provides medical and other expenses for individuals who have been injured in an automobile accident, regardless of who was at fault for the accident. PIP is also known as “no-fault” coverage because it pays out regardless of who caused the accident.
What Personal Injury Protection Covers:
Personal Injury Protection (PIP) typically covers medical expenses, lost wages, and other related expenses for individuals who have been injured in an automobile accident, regardless of who was at fault for the accident. In Texas, the coverage can vary depending on the policy, but typically includes:
- Medical expenses: Reasonable and necessary medical expenses related to the treatment of injuries sustained in a car accident, including hospitalization, surgery, medication, and rehabilitation.
- Lost wages: A portion of the income lost due to an inability to work as a result of the accident, up to a certain limit.
- Funeral expenses: In the event of a fatal car accident, PIP can cover reasonable and necessary funeral and burial expenses, up to a certain limit.
- Survivor’s benefits: If the policyholder is killed in a car accident, it can provide benefits to the surviving family members to cover expenses related to the death, such as lost income and household services.
In some states, PIP coverage is mandatory, while in others it is optional. In states where it is mandatory, drivers are required to carry a minimum amount of PIP coverage as part of their auto insurance policy. In Texas, drivers can choose to add PIP coverage to their policy for an additional premium. There are several things to keep in mind about PIP coverage in Texas. First, PIP is optional under Texas law, but if you choose to add it to your policy, you must have a minimum coverage amount of $2,500. PIP coverage applies to the policyholder and their passengers, regardless of who is at fault in the accident.