You may know that New Jersey state law requires that every auto insurance policy contains personal injury protection (PIP) benefits. Moreover, PIPs that include no fault provisions pay benefits to those injured in an accident, regardless who was deemed responsible for the collision.
However, what you may not know is that if you are a non-Medicare eligible member of the School Employees’ Health Benefits Plan (SEHBP), you can save money on your car insurance bill simply by using your SEHBP Horizon or Aetna plan as the primary insurance provider to cover your state-required PIP needs. By having your PIP covered under your current SEHBP benefits, it eliminates the need for duplicate coverage in your auto policy. To learn more, contact your individual automobile insurance company and find out how you can make the change.