Texas Tech University

Personal Injury Protection

McKayla Girardin

December 10, 2021

WALLETHUB - How PIP insurance works and how much PIP insurance you need in each state.

Personal injury protection (PIP) is a type of car insurance that covers expenses, like medical bills, legal fees, lost wages, and more, when you are in a car accident, regardless of fault. PIP insurance, also known as “no-fault” insurance, is required mostly in states with no-fault insurance laws.

Ask the Expert

Michael Guillemette is an Assistant Professor and MS Program Director of the School of Financial Planning, in the College of Human Sciences at Texas Tech University.

  • What are the benefits of having Personal Injury Protection (PIP)?
  • When should drivers get more than the minimum amount of PIP coverage?
  • Should drivers get PIP insurance even if it is not required in their state?
  • Is PIP or MedPay better for drivers?

To read Guillemette's responses, click here.