What Make Up a Basic Auto Insurance Policy?
It is always a risky proposition to drive without an auto insurance. Within a blink of an eye, an accident is most likely to happen. Because of this, a car owner can instantly be face a mountain of hospital bills and potential lawsuits. Good thing for car owners is that there are a lot of auto insurance options on the market today. Here’s a list of what make up the basic auto insurance policies.
.jpg”)
Uninsured or Underinsured Motorist Coverage
This particular type of auto insurance coverage pays for the damages caused by the uninsured driver of another car. This also covers any medical costs incurred in the accident that is caused by the uninsured driver of another car. If the policyholder gets involved in an accident with a driver who is underinsured, this particular insurance provision will cover the medical bills or damages that the underinsured driver’s policy will not be able cover.
Comprehensive Physical Damage Coverage
This basic auto insurance option will cover any damage (to the insurer’s car) that is not caused by an accident or collision with another car. Basically, this insurance policy option covers damages caused by theft, vandalism, fire, hell and other causes.
Collision Coverage
The collision coverage option will cover the expenses related to damage incurred due to an accident with another vehicle or object. This collision coverage will cover the expenses, regardless who was at fault. Collision coverage will also cover any drivers who are given permission from the policyholder to drive the vehicle.
Personal Injury Protection
Personal injury protection pays for the medical expenses caused by an accident with another vehicle. It will also pay for the medical bills of the passengers that were in the car during the accident. There are also instances when personal injury protection covers family members who were riding in somebody else’s car that gets involved in an accident.
Property Damage Liability Coverage
This basic auto insurance option covers any damage to another person’s property caused by the policyholder’s car. The property can be another person’s vehicle, a building, a lamppost, a fence or any kinds of things. It is important to understand though that this insurance option does not cover the car of the policyholder, neither his or her property.
Bodily injury liability coverage is probably the one of most important automobile insurance options available. This policy covers the claims against the policyholder for damage to another car, medical expenses, and even death. Bodily injury liability auto insurance also covers the passengers who were in the car during the time of the accident.
On top of this list, it is still important for car owners to check with their state and see what is required in an auto insurance policy before they sign up. Some of these insurance options are required in a number of states and are bundled in the basic auto insurance policy packages made available by the auto insurance providers.
Related Videos
-
Title:
Car Drifting Techniques
Posted: 5 months ago
Views: 803
-
Title:
The Fast and the Furious: Tokyo Drift
Posted: 5 months ago
Views: 735
-
Title:
Gone in 60 Seconds
Posted: 5 months ago
Views: 690
-
Title:
How Fast is BMW?
Posted: 5 months ago
Views: 692
-
Title:
Cool E-Maxx 4WD Monster Truck
Posted: 5 months ago
Views: 577
-
Title:
Smart For Two Double Decker
Posted: 6 months ago
Views: 872
-
Title:
Nissan SkylineR33 GT-R
Posted: 6 months ago
Views: 834
-
Title:
State Farm Auto Insurance - Rejection
Posted: 6 months ago
Views: 653
-
Title:
Rodney D. Young Insurance
Posted: 6 months ago
Views: 697
-
Title:
Honda CRX vs Lamborghini Murcielago
Posted: 6 months ago
Views: 1877
Sponsors
Sponsors
Recent Articles
Sponsors
Sponsors
