Personal auto insurance in Alliance is meant to protect you or another driver in the event of an accident that results in injury or property damage. Choosing the best coverage can be a daunting task, so today we’re discussing the coverage that is mandated by the state, what is often required, and what is optional.
These coverage options are typically priced individually to calculate your monthly premium amount.
Mandatory coverage that is required by nearly every state:
Property Damage Liability: This reimburses other people for damage to a vehicle or property that is caused by you or another person driving your car.
Bodily Injury Liability: This covers costs related to injuries caused by you or another person who is driving your vehicle.
Coverage is typically required.
Medical Payments or Personal Injury Protection (PIP): This coverage provides repayment for medical expenses incurred by you or your passengers. It also reimburses for lost wages and other expenses that are related to the incident.
Uninsured or Underinsured Motorist Coverage: Underinsured motorist coverage takes over when you’re involved in an accident with a driver who is at fault, but whose liability coverage is too low to cover the damages. Their insurance will usually pay for all damages up to the limits of your policy, and then your coverage will reimburse the excess amount up to the limits you select.
On the other hand, insured motorist coverage provides protection if you’re in an accident with an at-fault driver who doesn’t carry and liability insurance.
Optional coverage options:
Comprehensive: Comprehensive insurance covers damage to your car that is the result of events that are not under your control. This includes vandalism, windshield and glass damage, fire, theft. accidents with animals, etc.
Collision: This coverage helps pay to repair or replace your car when damaged in an accident with an object, such as a fence or a tree, or by another vehicle.
Gap Personal Auto Insurance in Alliance
If your car is stolen or totaled, there may be a difference between what you owe on your vehicle and your auto coverage. To protect yourself, you may want to consider purchasing gap insurance to cover the difference.
Who is covered with personal auto insurance in Alliance, and when?
Whether driving your insured car or someone else’s car, your personal auto policy is designed to cover you and any others who are covered on your policy. It also offers coverage if someone who is not on your policy is driving your car with your permission.
Please note: Your personal auto insurance will not cover you if you use your vehicle for commercial purposes or if you provide transportation through a ride-sharing service.
If you have questions regarding your personal auto insurance in Alliance or would like a quote for new coverage, contact us today to schedule a consultation.