In no-fault
states, personal injury (PIP) insurance is often mandatory.
This policy covers costs incurred as the result of an accident
but without having to determine fault. A PIP policy typically
covers smaller car
insurance claims.
However, no-fault does not mean that a driver cannot be held
responsible for an accident. Many no-fault states still require
liability insurance (that is bodily
injury (BI) and property
damage (PD) coverage) since expenses that go over a threshold
amount may require that the driver who was at fault pay additional
expenses. |
