Auto Insurance
All states requires that all drivers carry at least minimum coverage liability auto insurance, which we will further explain in the liability section.
Therefore, we find it crucial not only to protect yourself with appropriate coverage, but we are legally bound to do so as well. On the following pages we will explain the different coverage options, tips on how to save on premiums and what to do in case of an accident. Please remember, it is illegal to drive without auto insurance!
Therefore, we find it crucial not only to protect yourself with appropriate coverage, but we are legally bound to do so as well. On the following pages we will explain the different coverage options, tips on how to save on premiums and what to do in case of an accident. Please remember, it is illegal to drive without auto insurance!
Auto Coverage SelectionsBodily Injury Liability (State requirement)
This coverage protects you in the situation that you are found responsible for an accident that resulted in injuries to third parties. This coverage will pay for those injuries and legal representation of subsequent lawsuits up to your coverage amount. Due to the increased number of lawsuits and amount of judgments, it is very important to have ample coverage so to minimize your personal exposure. Property Damage Liability (State requirement) This coverage works the same way as Bodily Injury in that it protects you from any damage you may have caused to another parties property. This may include another individual's car, light post and other physical property that may have been damaged in an accident that you were found to be at fault for. Uninsured & Underinsured Motorist Bodily Injury Coverage (UIMBI) Uninsured and Underinsured Motorist Bodily Injury coverage is a very important coverage to have. In the event another motorist that may be uninsured or just not have ample coverage seriously injures you, you are left with the immediate need to seek medical assistance and possible long-term recuperation. This coverage will take care of these expenses, again up to your limits, in the event the guilty party is not financially able to. Uninsured & Underinsured Motorist Property Damage Coverage (UIMPD) This coverage does the same thing as UIMBI except for your vehicle. This coverage also protects against hit and runs with a small deductible. Personal Injury Protection (PIP) There are two levels of this protection, one for $10,000 and the other for $35,000. This coverage first and foremost compensates you for medical costs incurred in an accident. A nice additional feature to this is payments of last wages and an allowance for services, such as mowing the lawn, to be provided in the event you are unable to do them yourself. Collision This coverage protects your car in the event you collide with another vehicle or object. With this coverage you decide a deductible, which is the portion you will be responsible for in repairing or replacing your vehicle. Comprehensive Comprehensive can be summed up as any damage to your vehicle that was not considered a collision loss. For example, these losses can be a result of fire, theft or storm damage. You choose a deducible amount for this coverage as well. Other Coverage Available Towing Loss of Use expenses (rental car coverage) Glass Buyback plan (lowers deductibles for windshield replacement and fixes small stars for free) Stereo Coverage Umbrella coverage (increases liability limits on all covered policies from $1 - $5 million). |
What to do in case of accident
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