Types of Car Insurance

It may be shocking to know, but there is more than a single remedy for all types of car incidents and accidents. Everything, including the state you’re living in, plays a part in how much you can get. These include the levels of coverage that you get and the definitions of different terms in different states.

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Liability Insurance

This insurance usually relates to two separate types of damages. This could be bodily injury and property damage.

Bodily Injury covers any injuries that you’ve caused to someone else, while Property Damage includes any damage that you’ve caused to others’ property/properties.

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Collision Insurance

This is the direct opposite of liability insurance. When your property is damaged or destroyed in a car accident, this insurance comes into play. This could include an accident with another vehicle or even another building.

Comprehensive Insurance

Comprehensive insurance covers all the expenses that are not caused by collisions. These include damage by natural disasters like earthquakes, falling boulders, floods, and animals.

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Personal Injury Protection Insurance

This is a bit of a tricky one. Personal Injury Protection varies by definition in most states. It covers medical and non-medical expenses. The policy only comes into play if the policyholder is injured in an incident, and it covers physical injury, rehabilitation, occupational therapy, psychiatric care, lost wages, etc.

Medical Coverage Insurance

Medical Coverage Insurance is a narrower coverage than personal injury protection. It’s not only voluntary in every state, but it also offers medical payments. Medical Coverage Insurance covers any medical expenses for you and other passengers in your vehicle.

Uninsured Motorist Insurance

If you have an accident with another driver’s vehicle that isn’t insured, it calls for uninsured motorist insurance. It’s also called under-insured motorist insurance, and it can relate to hits and runs.

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