When you buy car insurance, it is important that you know all the information concerning the policy that you purchase, the coverage it offers and the amount, the cost and so on. Generally car insurance provides coverage against liabilities such as bodily injury, medical payments, vehicle damage, collision coverage, property damage, rental reimbursement, loss of income etc. Personal injury protection coverage is not mandatory in some states and each state has their own laws that govern the amount of auto insurance coverage. If it is a no-fault state if you are involved in an accident, your insurance company will should pay for the injured driver and his passengers regardless of who is at fault. If you do not have health insurance it is good to purchase personal injury protection coverage. Those with health insurance can get the medical expenses taken care of by the health insurance.
The most recommended auto insurance coverage is the liability coverage is this is mandatory in most states. Each state requires that you carry minimum liability auto insurance as you are expected to be financially responsible for driving on the roads. It is advisable to take more than the minimum that you can afford as medical expenses and cost of repairs to vehicles can be very high. If the damages cost more than what your insurance covers, you may end of being slapped with a lawsuit.
Collision coverage takes care of your car repairs if you get hit by uninsured driver. Uninsured and underinsured coverage is not required if you have medical insurance already. If you have personal injury protection coverage provided by your employer, you need not buy a separate PIP insurance. It is a good idea to increase your deductibles so that your premiums are less.
Generally personal injury protection coverage of auto insurance will pay for the following
· Medical bills for hospitals, ambulance, emergency medial aid, surgery, x-rays, other medical services as necessary after being injured in a vehicular accident
· Funeral expenses up to a certain limit permitted by your policy
· Loss of income for specific periods of time due to the injury
· Rehabilitation expenses that include occupational therapy, psychiatric or physical therapies
· Survivor loss benefit will pay for the policyholder’s survivors or dependants up to a specific period of time
Remember that personal injury protection coverage of your auto insurance covers other passengers in your vehicle in the event of an accident.