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The difference between medical payments coverage (MedPay) and PIP (personal injury protection) is that PIP covers both medical bills and non-medical expenses after an accident, like loss of income and childcare. By comparison, MedPay insurance only applies to direct medical costs and funeral expenses. Both types of insurance cover the policyholder and their passengers after any car accident, regardless of fault.
Medical Payments vs. PIP Insurance Coverage
| Category | MedPay | Personal Injury Protection |
| Requirement | Only required in Maine | Required in 13 states |
| Medical Bills | Covered | Covered |
| Lost Income | NOT covered | Covered |
| Childcare Costs | NOT covered | Covered |
| Nursing Services | Covered | Covered |
| Funeral Expenses | Covered | Covered |
| Copayments/Coinsurance | Covered | NOT covered |
| Deductible Payment | None | Depends on the state and policy |
Your ability to choose between PIP and MedPay depends mostly on your state. For example, just over half the states offer MedPay only, while other states allow you to purchase both types of coverage.
In states that offer both PIP and MedPay, you should consider purchasing them together. Even though they offer similar coverage, MedPay can cover deductibles, copayments, and coinsurance that come with PIP, so the two can complement each other.
To learn more, check out WalletHub’s guides to medical payments coverage and personal injury protection.
People also ask
Should I buy PIP insurance?
Yes, you should buy PIP insurance if you live in one of the 13 states where it is required. You should also buy personal injury protection (PIP) insurance if it’s available in your state and you would need financial support in the event that you’re injured in a car crash. Even if you have health insurance, PIP can still be a good investment because it is inexpensive and does not involve as many out-of-pocket costs.
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read full answer by WalletHub, Financial CompanyHow much PIP insurance should I have?
You should have $2,500 to $30,000 in PIP coverage per person in states that require personal injury protection (PIP), though exact requirements vary by state. Even if it’s not mandatory in your state, you should purchase as much PIP coverage as you can comfortably afford. For example, $10,000 in PIP coverage will ensure that you're covered for at least basic medical expenses and some lost wages.
Personal injury protection pays for your medical expenses after an accident,...
read full answer by WalletHub, Financial CompanyDid we answer your question?
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