GEICO PIP Insurance Review (2024)
PIP coverage from GEICO is a type of auto insurance that always puts you and your family members first after an auto accident.
Written by Jasmine Kanter
Reviewed by Kathleen Flear
Personal Injury Protection, or PIP insurance, is an inexpensive way to get medical coverage from GEICO without worrying about who’s at fault after an auto accident.
Depending on which state you live in, Personal Injury Protection (PIP) insurance might be a mandatory part of your
car insurance
coverage. It was introduced primarily in no-fault states to reduce paperwork by guaranteeing medical payments coverage for policyholders regardless of fault. But PIP can’t provide for all your needs, or even all your accident injuries, and the ways it overlaps with bodily injury liability and MedPay isn’t always clear.Whether you’re obliged to buy it or you’re considering adding it to your insurance policy, allow us to set the record straight on PIP insurance from GEICO. We explain what it is, what it covers, who can benefit, and how much it costs so that you can answer the most important question: do you need it?
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4.7/5 rating on the App Store | Trusted by 5+ million customers and 7 million cars4.7/5 app rating | Trusted by 5M+ driversWhat is GEICO PIP auto insurance?
Personal Injury Protection (PIP) insurance provides medical payment coverage after a car accident and is sometimes known as “no-fault insurance”.
Not only does it apply regardless of whether the policyholder caused the accident in which they were injured, but it’s also a staple feature of the minimum car insurance requirements in
no-fault states
. Like every other major insurance company, GEICO offers PIP coverage
for sale in every state where it’s required or optional.What does GEICO PIP auto insurance cover?
PIP is unique in that it applies to many medical expenses as well as the cost of living in the aftermath of a car accident. From immediate treatment to aftercare to quality of life, adding PIP to your car insurance policy gives you coverage for:
- Medical bills related to immediate treatment and ongoing care
- Dental work
- Nursing care
- Medical supplies such as prescriptions, prostheses, and living aids and appliances
- Lost wages
- Replacement services that would perform for yourself if not injured, like housekeeping, childcare, and yard work
- Funeral expenses
PIP benefits you, your passengers, and your family members. You can file an insurance claim even if you weren’t driving at the time of the accident. For example, if you were hit by a car while walking or cycling, you might still be able to claim damages.
Key Takeaway PIP insurance covers a variety of medical expenses related to treatment, aftercare, and cost of living, regardless of whether you were at fault.
MORE:
What is PIP?
Should you get PIP coverage added to your auto insurance policy?
PIP bears a lot of similarities to other
types of car insurance coverage
that pay for medical care, but there are some key differences you should know about.Let’s say you get into an auto accident and suffer several injuries. You file an insurance claim and wait for your provider to respond. The adjuster looks at the facts of the accident and decides that you’re at fault for the car accident. Here’s what you can claim with the following types of coverage:
- Bodily injury liabilitycovers the medical expenses and loss of wages associated with car accident injuries. It’s obligatory in almost every state—but here’s the catch.Liability insuranceonly applies to the people that you injure. Since you were at fault in the accident, your insurance claim is denied.
- MedPaycovers ongoing treatments related to car accident injuries. It pays for X-rays, hospital visits, health insurance deductibles, rehabilitation, nursing care, and equipment (like crutches or prostheses), all of which can add up to a ton of medical bills. Since it’s a no-fault auto-insurance policy, the adjuster approves your claim.
- Health insurance covers many essential medical bills, including ambulance rides, hospital visits, doctor’s appointments, prescriptions, and rehabilitative aids. You can apply it to car accident injuries, but it’s best to apply for car insurance coverage first. Health insurance plans often carry high deductibles and they may request reimbursement from your auto insurance coverage anyway.
- Personal Injury Protection covers a grab bag of medical treatments and expenses associated with auto accidents. It pays for treatment, rehabilitation, nursing care, prescriptions, and equipment, but it also provides for loss of wages and the cost of childcare and housekeeping. Since it’s a no-fault plan, the adjuster approves your claim.
If you have PIP, MedPay, and/or health insurance, you can apply them one after the other to any medical costs the previous policy didn’t cover. It’s best to decide beforehand which one you’d like to apply first; by selecting one policy to be your primary source of care, you might
get a discount
on the other two.Is PIP insurance mandatory?
PIP insurance is mandatory in every no-fault state. But despite its “no-fault insurance” nickname, it’s required in several states that follow
modified comparative negligence laws
, like Delaware
. Take a look at the chart below to see if you live in a state that requires PIP insurance or offers the option to buy it:States requiring PIP insurance with no-fault laws | States requiring PIP insurance without no-fault laws | States offering optional PIP coverage |
|---|---|---|
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How much does PIP coverage cost with GEICO?
PIP coverage from GEICO costs about $50 to $400 per year.
The exact price will depend on your chosen coverage limits, whether or not you have a
clean driving record
, and the size of your chosen deductible. While you might be tempted to make your premiums as low as possible, choosing the best car insurance deductible
is a matter of realistically estimating how much you can afford to pay. Car accidents come with a ton of associated costs—especially if you or a family member has been injured!How to add PIP to your GEICO auto insurance policy
If you live in a state where PIP coverage is mandatory, it and the minimum coverage limits required will be included in any car insurance policy you purchase. If it’s optional, then you’ll need to call your provider to ask them to add it to your plan. Make sure that you ask for a detailed outline of what’s included because the perks vary from state to state.
Policyholders in New Jersey, for example, receive an exclusive PIP benefit from GEICO. In the event of a fatal car accident, the policy will pay the remainder of any benefits not already collected to their family members or estates. In other words, if you or a deceased family member can’t access the benefits that would normally be paid for lost wages or replacement services, your provider will pay them anyway.
If you want to keep costs low, compare quotes, and purchase extra coverage all in one place, try using a
trustworthy insurance comparison app
. Look for a program that’s highly rated and partners with many respectable insurance providers. Not only will you save money, but you’ll also save time!“I would 11/10 recommendJerry. I was originally quoted $700+ for insurance for my new car, but by using Jerry I got my payments down to $320 a month. They also have a great support team ready to answer any questions!” —Tobias F.
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FAQs
What is the difference between PMI and MIP?
MIP is mortgage insurance for government-back loans which can be helpful for homebuyers with poor credit and limited savings.
PMI is mortgage insurance for private sector loans which is usually better for homebuyers with good credit and solid financials.
Can I cancel my mortgage insurance?
You may or may not be able to cancel your mortgage insurance. It depends on a few factors:
If you have MIP insurance, you cannot cancel it unless you paid 10% or more of your house’s value in your down payment.
If you have PMI insurance, you can cancel your coverage after you own 20% equity in your home. Once you reach 22% equity, PMI coverage will be canceled automatically.
