I have heard of States with no-fault laws and PIP coverage. How does that differ from states with standard coverage?
There are some States with various forms of no-fault insurance. Generally, no-fault laws is each person involved in an auto accident to pay his or her own medical expenses and lost wages – and stricter versions disallow certain pain-and-suffering lawsuits. Therefore, many no-fault states require drivers to have Personal Injury Protection (PIP), which pays extensive medical expenses, lost wages, and a small death benefit for the driver and all passengers.PIP
usually comes with 20 percent deductibles. In some states, both no-fault and PIP
coverage are optional.
