Peril. The cause of a loss. Perils include theft, glass breakage, flood, hail and fire.

Personal Injury Protection (PIP). A broader form of medical payments insurance coverage under the no-fault concept. PIP offers protection for expenses actually incurred, up to a specific, per-person dollar amount. States with no-fault laws require drivers to buy PIP. It also is offered as an optional coverage in some states without no-fault laws. Coverage varies from state to state.