See PIP (Personal Injury Protection)
A law in several states including New York State requiring all registered motor vehicles to be covered by personal injury protection insurance. Under this law, a person's own motor vehicle insurance company pays for expenses relating to an accident regardless of who caused the accident.
A system in which each driver's auto insurance coverage pays for injuries and damage, no matter who caused the accident (used in some states). Return to of page.
a system in which each driver's auto insurance coverage pays for injuries and damage. no mater who caused the accident. In Maryland, PIP is a form of no-fault insurance.
Auto insurance coverage that pays for each driver's own injuries, regardless of who caused the accident. No-fault varies from state to state. It also refers to an auto liability insurance system that restricts lawsuits to serious cases. Such policies are designed to promote faster reimbursement and to reduce litigation.
A form of insurance in which a person's losses from an automobile accident are paid by his or her own insurer regardless of who was at fault.
The term used to describe a system for improving the compensatory process for automobile accident victims by eliminating costly and lengthy litigation. Simply it means paying certain claims without reference to who was at fault.