SAUTE The Bacon and Sausage. Press the SAUTE button so it selects "More" and wait until the display says "Hot" and then pour in 1 Tablespoon oil. When the oil is hot, add the 8 ounces of sliced andouille sausage and 8 slices of bacon that have been chopped and cook, stirring occasionally, for about 3 or 4 minutes or until lightly browned. Remove the bacon and sausage to a paper towel covered plate and set aside temporarily.
SAUTE The Onion and Garlic. Add the chopped onion and cook in the fat from the bacon and sausage for about 3 minutes. Add 1 Tablespoon of minced garlic and stir for about 1 minute. Press CANCEL to stop the SAUTE function.
DEGLAZE The Pot. Pour in about 1/2 cup water and scrape the bottom of the pot to remove the brown bits from sticking to the bottom. This accomplishes 2 things: 1) It adds flavor to the broth, and 2) It prevents the food from sticking to the bottom of the pot and helps to prevent receiving a BURN Message from the Instant Pot. DO NOT SKIP THIS STEP.
Add the Rest of Ingredients IN THIS ORDER. 1) Add the browned sausage and bacon back in the pot. 2) Then pour in 4 cups (32 ounces) chicken broth, and 3) add 3 bay leaves, 1 teaspoon fresh thyme, 1/2 teaspoon salt and pepper, 1 teaspoon paprika, and 1/2 teaspoon cayenne (optional if you want it a little spicy). 4) Add in the dried black eyed peas and 5) add the stewed tomatoes last. DO NOT STIR.
Pressure Cook. Close and lock the lid, move the pressure release valve to the SEALING position. For NON-SOAKED Black Eyed Peas, press PRESSURE COOK and HIGH PRESSURE and use the + or - buttons to select 20 minutes. For SOAKED Black Eyed Peas, press PRESSURE COOK and HIGH PRESSURE and use the + or - buttons to select 10 minutes. NOTE: The display will show "On" while the Instant Pot is coming up to pressure, which can take about 10 minutes. After it has come to pressure, and starts to pressure cook, the display will change to count down the minutes of pressure cooking.
Natural Release 15 Minutes. After the Instant Pot has finished pressure cooking, it will beep and the display will change to read L and start counting up. DO NOTHING and let the Instant Pot release pressure naturally, called a NATURAL RELEASE, for 15 minutes. After a Natural Release of 15 minutes, do a QUICK RELEASE, by carefully moving the pressure release valve to the VENTING position to release any remaining pressure.
Open The Lid And Serve. After the pin drops and the pressure has been fully released, turn and open the lid. Remove the bay leaves and stir the black eyed peas. Serve with collard greens, cabbage, rice or cornbread.