Personal Injury Protection (or “No-Fault”)

Personal Injury Protection (PIP), or “no-fault” (in some states), covers you regardless of whether you caused the crash—up to the limits of the policy. PIP reduces the necessity of lawsuits. It covers everything uninsured-motorist and underinsured-motorist coverage does, plus some lost wages. Unless your health and disability coverage is low, don’t buy more than the minimum.