What is the difference between Med Pay and PIP?
Like medical payments coverage, personal injury protection (PIP) helps pay for your or your passengers’ medical expenses after a car accident, regardless of who caused the accident.
But, there are three main differences between PIP and medical payments coverage:
- PIP is available in “no-fault” states. Medical payments coverage is offered in states that aren’t “no-fault.” (Medical payments coverage is only available in states that do not have PIP.) Often time you are able to select the amount of Med Pay coverage you want.
- PIP is sometimes required, and sometimes optional, depending on state law. Medical payments insurance is always an optional coverage.
- PIP helps cover expenses such as lost wages or childcare if you’re unable to perform essential services due to injuries after a car accident. Medical payments insurance does not cover essential services.