Mullen & Mullen Law Firm

What is Personal Injury Protection (PIP) Insurance & Should You Have It?

Do you need to carry personal injury protection insurance? What is it anyway? While not common, it’s quite helpful in a few situations.

Believe it or not, personal injury protection (PIP) insurance was designed to reduce the number of lawsuits filed. It’s also called “no-fault insurance.” That simply means the insurance kicks in and works regardless of who has fault, and to what extent, in a motorcycle accident (or any other kind of car accident).

In other words, it’s simply available when you need it. Texas does not require you to have PIP. However, insurers must give you $2,500 as part of your policy if you don’t specifically reject PIP. You can pay increased premiums for higher PIP limits.

What Does Personal Injury Protection Cover?

PIP actually covers quite a bit. Broadly defined, it covers some of the more common economic expenses that arise from a car accident. These include:

When Might You Use PIP?

You should always use PIP if your policy provides coverage. After all, why would you pay good money for something you’re not even going to use? And remember…PIP is no-fault insurance. The carrier should not raise your rates for filing a PIP claim. PIP allows you to “double dip” as it covers some of the same things as liability insurance.

However, it also covers expenses above and beyond the limitations of liability insurance. So, it could come in handy in a few situations:

Should You Carry It?

Yes, if you can afford to do so. The cost of PIP is rather nominal and the coverage will clearly benefit you if you are injured in an auto accident.