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Personal Injury Protection (PIP) is a type of automotive insurance coverage that provides financial protection for medical expenses and lost wages resulting from an automobile accident. It is a form of no-fault insurance, meaning that it pays out regardless of who is at fault for the accident. PIP coverage typically includes medical expenses, lost wages, funeral expenses, and other related costs. It may also provide coverage for rehabilitation, physical therapy, and other medical treatments.
PIP coverage is available in most states, although the coverage and requirements vary by state. Generally, PIP coverage is required in no-fault states, while it is optional in other states. In some states, PIP coverage is offered as part of a comprehensive auto insurance policy, while in other states it is offered as a separate policy.
Some of the companies offering PIP coverage include Allstate, Geico, Progressive, State Farm, and USAA. Show Less Read more