The Insurance Agency wants to go over a few of the major kinds of car insurance for drivers. No-fault is one category that some of the Houston Car Insurance agency is no in favor off. No-fault coverage pays for injuries or damages incurred by either you or the other party in a car accident. Regardless of which party is responsible. No-fault will pay for your medical expenses while the Cat Insurance Agencies work out which side is at fault.
Approximately half of the states have a no-fault insurance law for their Auto Insurance Agencies to give quotes on. The Agency now goes into the topic of Liability insurance. This type of Auto Insurance coverage is also called bodily injury insurance. Liability insurance reimburses the other driver for damages sustained in a Car accident which is certainly your fault. This Insurance coverage includes amounts for bodily injury, property damage and pain-and-suffering damages.
Liability coverage is usually stated in your policy as a dollar limit. This is the maximum amount the insurer will pay. law currently does need all motor vehicle owners to maintain vehicle liability insurance (financial responsibility) on a currently registered vehicle. Car liability insurance covers the property damage or injuries which you might cause other People in a Car crash. Liability limits are generally stated on a per-person and per-accident basis. For instance, liability coverage of “15/30/25” means the insurer pays $15,000 for bodily injury per person, $30,000 for bodily injury per accident, and $25,000 for property damage per accident. Almost every state requires some liability coverage; nevertheless the minimums may not be enough.
Three states which do not require liability coverage for purchasers are Wisconsin, Tennessee and New Hampshire. Collision insurance will pay for medical expenses and property damage that you sustain in an accident in which you are at fault. You may also elect to buy collision insurance coverage when you rent a vehicle.
We suggest that you try our Quote Box and get an Auto Insurance quote online for free in just moments. Comprehensive insurance provides coverage for theft or loss from accidents other than collision. Comprehensive coverage is currently an option for purchasers. However, it must be included on policies which have collision coverage, and it can’t be purchased without bodily injury coverage.
This type of coverage generally provides protection for damage not resulting from a collision. Examples of this type of policy kicking in for car Insurance Buyers are when they experience damage from Fires, falling objects, and certain natural disasters. This type of auto insurance should also protect for vandalism on your car from Criminals. Other benefits for this type of Car Insurance coverage protects for Theft, Glass damage and damage from hitting a deer or another type of animal. Uninsured or under-insured motorist insurance is another type of coverage for drivers from Dallas to Houston to think about.
Uninsured Motorist Insurance Coverage
Uninsured motorist insurance pays you if the other driver does not have insurance. Under-insured motorist insurance pays you if the other driver hasn’t got sufficient insurance. These types of car insurance coverage are not required in all states. They generally cover only medical expenses or those expenses related to pain and suffering. Personal injury protection is another idea for Car Owners. This is comparable to medical payments coverage, pays the medical expenses that you incur in an accident.
PIP also pays for your expenses in a hit-and-run accident. If you die in the accident, it pays a death benefit. PIP also pays for lost wages and other expenses associated with the accident. Currently only approximately 15 states require PIP coverage. In other states, it can be offered as optional coverage.