Personal Injury Protection (pip)
Coverage to pay basic expenses for an insured and his or her family in states with no fault automobile insurance. No-fault laws generally require drivers to carry both liability insurance and personal injury protection (PIP) coverage to pay for basic needs of the insured, such as medical expenses, in the event of an accident.
Popular Insurance Terms
Rate applied when two or more separate buildings are insured under one policy, and/or when two or more separate contents are insured under one policy. ...
Modest life insurance coverage to pay burial expenses upon the death of an insured. ...
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Provision in automobile insurance, such as the personal automobile policy (pap), stating that a particular policy furnishes adequate coverage, the minimum of which is at least equal to that ...
Coverage for all kinds of personal property whether inside or outside an insured's (home) to include jewelry, musical instruments, cameras, fine arts, and precious stones. The insurance ...
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