|Understanding Your Auto Insurance|
Whether you are shopping for an insurance policy or you’re already one of our customers, it is important to understand the different types of coverages that make up a policy. Auto insurance is really a package of four primary coverages; Liability coverages, Auto Medical Payments, Uninsured Motorists coverages and Coverage for Damage to Your Auto. Taken together, these coverages make up a standard auto policy. Each of these coverages has its own separate premium. Your premium payment is the total of these separate premiums.
- Bodily Injury and Property Damage Liability Covers losses you are held accountable for in an auto accident for injury to others or damage to their property.
- Medical Payments Covers your medical expenses as well as passengers in your car if the expenses are a result of an auto accident. There may also be coverage if you are injured by a vehicle as a pedestrian. This coverage applies regardless of fault.
- Uninsured Motorists Coverages are available in 3 forms. Uninsured Motorists Bodily Injury pays for injuries you or your passenger(s) received in an auto accident caused by a driver who does not have auto liability coverage. Underinsured Motorists Bodily Injury provides additional coverage for your injuries when the at-fault party does not have enough insurance. Uninsured Motorists Property Damage coverage provides coverage for damage caused to your vehicle by an uninsured motorist.
- Coverage for Damage to Your Auto may include Comprehensive physical damage coverage and Collision coverage. Collision coverage applies to losses to your vehicle that are caused when your vehicle collides with another vehicle or object. Collision coverage is only available when Comprehensive coverage is afforded. Comprehensive coverage ( also known as Other Than Collision Coverage) applies to losses to your vehicle by perils other than collision. For example, comprehensive insurance covers damage to your car if it is stolen, or damaged by flood, fire or animals. Some other coverages that are available to you when Comprehensive coverage is written are:
- Rental reimbursement which pays for a rental vehicle when the insured's vehicle is out of commission as a result of a loss covered under comprehensive or collision coverages.
- Towing and Labor coverage would pay for road service and towing.
* For full details on your coverage(s), always refer to your policy.