What is personal injury protection insurance?

Personal Injury Protection (PIP) insurance is a type of insurance coverage that is required by Oregon state law. It covers medical costs and, in some cases, lost wages, for injuries that you or your passengers sustain in an auto accident, regardless of who is at fault. PIP coverage is also known as "no-fault" insurance, because it pays for medical expenses caused by an accident without requiring the injured person to prove that someone else was responsible for causing the accident. PIP coverage is an important type of insurance because it helps protect you and your passengers in the event of an accident. It covers medical and hospital bills, as well as lost wages and other costs. It also pays for psychological counseling and other medical treatments. PIP insurance can be purchased as an individual policy or as a component of a larger car insurance policy. The amount and type of coverage you choose will depend on the state in which you live, as well as your personal financial situation. In Oregon, state law requires that PIP cover at least $15,000 in medical bills and up to $3,000 in lost wages. PIP coverage is a great way to help protect yourself and your passengers in case of an accident. It is important to understand your coverage and to make sure that you have adequate protection. Remember that PIP coverage is required by Oregon state law, so you will need to have it in order to legally drive in Oregon.

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