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Written by Admin
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Wednesday, 26 October 2005 |
Listed below are some of the basic elements available in a typical automobile insurance policy. Bodily Injury Liability The medical costs of injury that you cause to other people, loss of income for someone you injure and the cost of your legal defense if you are sued and determined to be at fault in the event of an accident involving injury or death Property Damage Liability Claims against you for damage to someone else’s property caused by the auto Your legal costs if your car damages someone else’s car or property Medical Payments/PIP Covers the cost of doctors, hospitals, medical care, lost wages, replacement services and funeral expenses for you and/or your passengers, regardless of who caused the accident. (Payments are generally stopped two years after the accident.) Coverage varies by state. Uninsured/Underinsured Motorist Protection Covers the cost of injuries or death for you or your passengers in an accident caused by an uninsured or hit-and-run driver Covers you as a pedestrian for these same events In addition to these standard coverages, optional coverages such as rental reimbursement, towing, vehicle customization and sound receiving equipment, to name a few, are available. You can buy optional, or add-on, coverages for additional premiums, depending on your particular needs
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Last Updated ( Thursday, 27 October 2005 )
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Auto Insurance 
