While various states have different directives for auto insurance, most basic personal auto policies in Boardman consist of six types of coverage. Here’s what you need to know about each.
1. Bodily injury liability. Bodily injury liability coverage applies to injuries that you – the driver or policyholder – cause to someone else. You and others listed on the policy are also covered when driving someone else’s car (with their permission). It’s critical to have an adequate amount of liability insurance because if you are involved in a serious accident, you could be sued for a large amount of money. We recommend that policyholders buy much more than the state-required minimum liability insurance in order to protect assets such as your home and savings.
2. Property damage liability. This coverage pays for damage that you – or someone driving the car with your permission – cause to someone else’s property. This typically relates to damage to someone else’s car, but it also includes damage to lamp posts, telephone poles, fences, buildings or other structures your car hits.
3. Medical payments or personal injury protection (PIP). This coverage pays for the treatment of injuries to the driver and passengers of the policyholder’s car. PIP can cover medical payments, lost wages and the cost of replacing services normally performed by someone injured in an auto accident. It may also cover funeral costs.
4. Collision. This coverage pays for damage to your car resulting from a collision with another car, an object (such as a tree or telephone pole), or damages caused by the vehicle flipping over.
Collision coverage is typically sold with a separate deductible. Even if you are at fault for the accident, your collision coverage will reimburse you for the costs of repairing your car, less the deductible. If you’re not at fault, your insurance company may try to recover the amount they paid you from the other driver’s insurance company and, if they are successful, you’ll also be reimbursed for the deductible.
5. Uninsured and underinsured motorist coverage. Underinsured motorist coverage reimburses you, a member of your family, or a designated driver if one of you is hit by an uninsured driver or a driver who doesn’t have sufficient insurance to pay for your entire loss. This coverage with personal auto insurance policies in Boardman also offers protection in the event a covered driver is the victim of a hit-and-run or if you are struck by an uninsured or underinsured motorist while walking.
6. Comprehensive personal auto insurance policies in Boardman. This coverage reimburses you for loss due to theft or damage caused by something other than a collision with another car or object. Comprehensive covers events such as fire, falling objects, missiles, explosion, earthquake, windstorm, hail, flood, vandalism, riot, or contact with animals such as birds or deer. It will also pay to repair your windshield if it is cracked or shattered.
Shopping for personal auto insurance policies in Boardman? You need someone to help you find the right policy for you and your car. We can help!
Call our office today at 330-337-9557 to find out how!