Which of the following statements about Personal Injury Protection (PIP) is accurate?

The statement regarding Personal Injury Protection (PIP) that is accurate is that PIP covers medical expenses regardless of fault. PIP is designed to provide immediate medical coverage for individuals who are injured as a result of an automobile accident, without needing to establish fault. This is a key feature of PIP, as it ensures that injured parties can receive necessary medical treatment without delay, thereby reducing the financial burden of medical expenses following an accident.

Additionally, PIP may also cover lost wages and other related expenses, making it a crucial component of auto insurance in Florida, where it is mandatory. The intent behind PIP coverage is to provide a safety net for individuals injured in car accidents, focusing on their health and recovery and mitigating the need for lengthy legal disputes over fault.

The misinterpretation that PIP is secondary coverage may arise from how some insurance policies interact; however, PIP is indeed primary, providing immediate coverage to the insured and passengers in their vehicle, regardless of who caused the accident. This highlights its role as a fundamental part of auto insurance in Florida.