Auto Insurance Explained
Understanding Your Auto Policy
Coverage To Protect Your Car Collision Coverage In the event of an accident, collision coverage pays repair costs for damages done to your car. Even in instances where you are at fault, collision coverage reimburses you for damages, minus your collision deductible. Comprehensive Coverage In most instances, comprehensive coverage pays you for damages done to your car in some way other than collision. Common examples might be vandalism, theft, falling objects, floods, and cracked windshields.
Coverage To Protect You, Your Passengers, And Other Drivers Liability Coverage In instances where you or your vehicle are responsible for bodily injury or property damage caused by an accident, liability coverage offers protection. In determining the amount of liability coverage you need, carefully examine your financial situation. Having enough coverage to protect yourself in the event you are sued is very important. Uninsured/Underinsured Motorist Coverage Hit-and-run accidents are all too common. In the event a hit-and-run driver who is either uninsured or underinsured causes an accident, uninsured/underinsured motorist coverage pays for expenses associated with bodily injury and property damage. This coverage also protects you should you be hit as a pedestrian. Medical Payments Medical payments coverage pays for medical expenses for you and your passengers as a result of an accident. A higher number of frequent passengers in your vehicle may increase your need for greater limits of medical payments coverage.
