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Types of Auto Insurance Coverage |
There are a variety of types of auto insurance coverage available to you. While some are optional, some coverage is required by your state. Provided are some brief explanations regarding coverage offered to Drivers.
Liability Auto Insurance Coverage
Liability coverage is a required coverage that pays out to the other driver for bodily injury and property damage in the event you are negligent in a collision.
Personal Injury Protection
This insurance coverage covers only a limited amount of hospital and medical costs, funeral expenses, income continuation and loss of service. Limits will be found in your policy.
Medical Payments Coverage
Although not all companies offer this coverage, with those that do this coverage will help pay for medical and funeral expenses.
Uninsured / Underinsured Motorist Coverage
This will cover injuries to the insured caused by a Driver with no car insurance coverage or not enough coverage.
Collision Coverage
This protection will cover damage to your vehicle in the event of a collision.
Comprehensive Coverage
Other damages caused to your vehicle other than collision are covered by comprehensive coverage. Often times industry professionals refer to comprehensive coverage as “other than collision”. Damages may include vandalism, hail, theft.
Emergency Road Service
This coverage will pay for towing if your vehicle breaks down.
Car Rental Expense
While handling a covered claim you may need transportation while your vehicle is in the shop. This coverage will pay for your rental car for a set number of days.
Death, dismemberment and loss of sight
This coverage will pay for death and specific injuries to people named on the policy as a result of an auto accident.
Gap Coverage
Sometimes the current market value of your vehicle is less than what you owe the lender. In this event of an accident resulting in a total loss, Gap coverage will pay that difference.
Custom Equipment Coverage
The type of coverage will pay of direct and accidental loss to equipment or custom furnishings. Some companies offer other endorsements. Ask your local agent about the following:
Auto Loan / Lease Coverage
Joint Ownership Coverage
Limited Mexico Insurance Coverage
Snowmobile Coverage
Camper/Trailer Body Coverage
Always be sure to check your declarations page and review coverage purchased.