Auto Coverages
As important as having auto insurance coverage is having adequate auto insurance coverage. Auto accidents are commonplace and can be very expensive. Inadequate coverage may expose you to unnecessary risk in the form of damage to vehicles and other property, personal injury to others, and resulting lawsuits. Often, drivers discover the importance of adequate coverage after they have an accident.
There are several different types of coverage that make up an auto policy:
- Bodily Injury Liability - Provides coverage to an accident victim in the event of a law suit and is required by most states, including California.
- Property Damage Liability - This covers the cost of any damage that your vehicle causes to another person’s property. While this usually refers to the other vehicle involved in an accident, it can also include houses, garages, and anything else that counts as property.
- Uninsured / Underinsured Motorist - This pays for the damages that result from an accident caused by an uninsured motorist. This also pays for damages which cost more than an underinsured motorist’s coverage can pay for.
- Collision - Covers damage done to your vehicle when it collides with another vehicle or object
- Comprehensive- Covers damage to your vehicle resulting from something other than a collision. Examples for this would be hitting a deer, broken windshields, theft or flood.