Just Another Radically Visual Isometric Shape

Posts made in August, 2016

Types of Car Insurance Coverage

Posted by on Aug 6, 2016 in car insurance, Uncategorized | 0 comments

While maintaining the minimum level of auto insurance is required by all states, it may not be enough to pay for all the expenses you may incur during an accident. Determining the right insurance is much easier given the plethora of companies offering insurance policies. The website of Zavodnick, Zavodnick & Lasky, LLC, reveals that there are several types of auto insurance that a driver can choose from.

So what coverage can you get from the most common types of auto insurance? Here we will take a look at the different kinds of car insurance:

Liability Insurance. This type of car insurance covers bodily injuries and property damage. It will shoulder the other party’s medical bills and vehicle repairs. However, it does not offer protection for you and your passengers if you are injured or your vehicle is damage caused by the wreck.

Collision. This type of coverage will shoulder the repair and replacement of your vehicle after an accident. It also covers damage from colliding with an object or an accident that does not involve any object. Although collision coverage is not required in most states, financing companies might require it for those who have a loan or lease. It cannot usually be purchased without comprehensive coverage.

Comprehensive. This type of policy offers protection against certain types of damage not resulting from accidents, such as theft, falling object, or natural disasters.

Personal Injury Protection (PIP. Often called “no-fault” insurance, personal injury protection shoulders the medical expenses that you can incur regardless of who is fault. It also covers everyone who is listed on your policy, members of your household, and passengers.

Auto Medical Payments. This is similar to PIP but has a limited scope. It provides coverage for accident-related medical expenses for you, your passengers, household members, and other policyholders. It can be an excellent supplement for health insurance and can be an effective replacement for those who do not have one.

Uninsured/Underinsured Motorist Coverage. This type of policy provides coverage for those who has no insurance policy or inadequate coverage. It can shoulder medical bills and car repairs.

Read More