Insurance that applies to the insured's own property or person.
The insurance coverage under which the policyholder collects compensation for losses from the policyholder's own insurer rather than from the insurer of the person who caused the accident.
Compensation for your losses by your own insurance company vs. receiving payment from the insurer of the person who caused an accident (for example, collision and comprehensive insurance).
Coverage for the policyholder's own property or person. In no-fault auto insurance it pays for the cost of injuries. In no-fault states with the broadest coverage, the personal injury protection (PIP) part of the policy pays for medical care, lost income, funeral expenses and, where the injured person is not able to provide services such as child care, for substitute services. (See No-fault, Third-party coverage )
An insurance coverage under which the policyholder collects for losses from the Insured's own insurer rather than from the insurer of the person who caused an accident.