Known as No-Fault Insurance, Personal Injury Protection Insurance (PIP) helps cover certain expenses after a car crash. We at Front Range Insurance Services want our Littleton, CO clients to understand it and how it changes for Colorado residents.

What Does PIP Cover?

Personal Injury Protection coverage helps pay medical bills, compensates for work loss, helps with funeral costs, essential services, and replaces income for surviving dependents after a car accident. For some states, it is voluntary; for others, it is mandatory. Some states have no-fault conditions that apply.

What Doesn’t PIP Cover?

Personal Injury Protection insurance will not cover the other driver’s medical bills, property damage, accident injuries where you were paid to drive the vehicle, or injuries that happened while you committed a crime.

Current Role of PIP in Colorado

Up until 2003, Colorado was classified as a no-fault insurance state and could receive benefits from their insurance if they suffered an accident with injuries. Today, there is a shift to a tort-based system, which means that the victims are now required to get benefits from the driver at fault.

PIP insurance is no longer required in Colorado as it once was. While this means a decrease in some policy charges, it also means more paperwork should you be making a claim.

Med Pay in Colorado is close to what PIP insurance was and will help victims with limited expenses no matter who is at fault. Med Pay is Colorado’s answer to PIP.

Colorado Minimum Requirements

• $25,000 per person/ $50,000 per accident bodily injury
• $15,000 property damage liability
• $5,000 MEDPAY (medical payment) coverage

Front Range Insurance Services are here for you if you have other questions on insurance services in the Littleton, CO area. Give us a call or come by the office today!