Personal Injury Protection is a no-fault auto insurance policy required by the state of New York to pay for basic medical expenses and partial loss of income recovery. PIP does have policy limits though. If your injuries exceed those limits, or you suffered a serious physical injury injury, you can pursue compensation from the at-fault driver. You may recover compensation for: Medical costs that exceed your PIP limits, including but not limited to hospitalization, prescriptions, surgeries, prosthetics, at-home care, physical therapy, diagnostic testing, and any other medical or medical-related expenses that are a direct result of your accident. Lost income that exceeds your PIP limits. You may also be compensated if your injuries diminish your capacity to earn at the level you were before your accident. Pain and suffering that result from your accident. This involves many intangible damages, such as pain that prevents you from functioning as you did before the accident, sleeplessness, fear, PTSD, grief, anger, depression, diminished quality of life, or cognitive changes after brain injuries or head trauma.