A New York insured wants to increase his MONTHLY lost-earnings cap above the $2,000 PIP statutory limit. Which coverage should he purchase?

Why this is the answer

Additional PIP (APIP) is supplemental no-fault coverage that, among other things, can RAISE the monthly lost-earnings cap above the $2,000 statutory floor (commonly to $4,000 or $5,000) and extend the three-year benefit period. OBEL, by contrast, is a flat $25,000 add-on above the basic $50K cap and does NOT change the monthly wage formula. SUM covers tort damages from uninsured/underinsured motorists — unrelated to PIP. NYAIP is the assigned-risk plan for high-risk auto applicants.