Q. What is "no-fault" insurance coverage?

"No-fault" insurance, also called Personal Injury Protection (PIP), provides immediate coverage of your medical bills and the medical bills of your passengers no matter who caused the accident. Because coverage is not dependent on who caused the accident, this coverage is called "no-fault". Also, under most "no-fault" or PIP coverage plans, another benefit is that a portion of your lost wages is covered.