Question

Personal Injury Protection, or PIP, has a __________ per person, per accident limit.

Option 1: Fixed
Option 2: Variable
Option 3: Set
Option 4: No-Fault

Answer 1

Personal Injury Protection (PIP) has a Fixed per person, per accident limit.

Step-by-step explanation:

Personal Injury Protection (PIP) has a Fixed per person, per accident limit.

In the given example of automobile insurance, the total damage incurred by car accidents in a group of 100 drivers is $186,000. This represents the total cost of the accidents in that group.