What is Auto Insurance?
Auto insurance provides financial protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise therefrom.
Auto insurance may also offer financial protection against theft of the vehicle and damage to the vehicle sustained by things other than traffic collisions.
Auto Insurance coverage
There are basically six different types of coverage. Some may be required by law. Others are optional. They are:
- Bodily injury liability is for injuries the policyholder causes to someone else.
- Medical payments, or Personal Injury Protection (PIP), are for the treatment of injuries to the driver and passengers of the policyholder’s car.
- Property damage liability is for damage the policyholder causes to someone else’s property.
- Collision: damage to the policyholder’s car from a collision.
- Comprehensive: for damage to the policyholder’s car not involving a collision with another car (including damage from fire, explosions, earthquakes, floods, and riots), and theft.
- Uninsured motorists coverage: for costs resulting from an accident involving a hit-and-run driver or a driver who does not have insurance.
Contact us to learn more about the right car insurance for you.
