Should I increase my PIP insurance limit?

I have minimum coverage in my state for PIP. Should I increase this coverage? I also have UMBI coverage.

Answer
“Your personal injury protection (PIP) coverage pays for your medical bills and other expenses related to injuries after an accident, regardless of fault.
If you have the option of increasing this coverage limit in your state, you should consider doing so. Minimum coverage limits are usually insufficient, especially considering the rising costs associated with health care.
Uninsured motorist bodily injury (UMBI) would only apply when you are not at fault and when the other driver is uninsured, or in some cases underinsured. This coverage alone is not a substitute for increased PIP coverage because it does not apply except in certain situations. “
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Shannon Martin
Answered on May 13, 2021
Shannon is an expert in personal lines liability insurance with 13 + years of insurance industry experience. She also served as a special insurance liaison to AARP members for 6 of those years. She is a graduate of UL Lafayette and currently resides in NY with her family. Shannon is also an amateur juggler, ukulele player, and is a time travel paradox theory enthusiast.
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