Private: What is PIP Insurance?

PIP coverage is designed to help cover the cost of medical expenses that are incurred as a result of a car accident. This includes things like hospital bills, doctor’s visits, and rehabilitation costs. PIP coverage also covers lost wages if you’re unable to work as a result of your injuries. This can be especially helpful if you’re unable to return to work for an extended period of time.

One of the benefits of PIP coverage is that it doesn’t take into account who is at fault for the accident. This means that even if you’re the one who caused the accident, your PIP coverage will still pay for your medical expenses and lost wages. Additionally, PIP coverage also pays for medical expenses incurred by passengers in your vehicle, regardless of who is at fault.

PIP coverage also provides additional coverage options such as death benefits, funeral expenses, and other services.

It is important to note that in Oregon, PIP coverage has a limit of $15,000 per person, which means that if your medical expenses exceed that amount, you’ll need to rely on other forms of insurance to cover the rest.

It’s also worth mentioning that while PIP is mandatory in Oregon, you can choose to opt out of it, however, it’s important to weigh the pros and cons of doing so. Without PIP coverage, you’ll need to rely on other forms of insurance to cover medical expenses and lost wages if you’re injured in a car accident.

In conclusion, personal injury protection, or PIP, is a type of car insurance coverage that is mandatory for all drivers in Oregon. It helps cover the cost of medical expenses and lost wages if you’re injured in a car accident. While PIP coverage has a limit of $15,000 per person, it provides additional coverage options such as death benefits, funeral expenses, and other services. It is important to understand your coverage options and make the best decision for you and your family.