FT MarketWatch

Personal Injury Protection

PIP. An Extension of Car insurance available in some states which covers medical expenses and, in some cases, lost wages and other Damages. Pip pays off regardless of who is at fault and is mandatory in some states, especially those with "no-fault" laws.

Related Terms: 9 Car, Cover, Damages, Expense, ECI, Extension, Insurance, No-Fault, Pip
Other Related Pages: Category: Insurance Starting With: P
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