Car Insurance Terms
Car insurance terms need to be understood in order to know that you are getting the best coverage. Listed below are the most common car insurance terms to help you understand the insurance coverage you are going to compare insurance quotes for.
Bodily Injury
The term bodily injury refers to an injury sustained by an individual
Bodily Injury Liability Coverage
Bodily Injury liability insurance covers you against claims filed against you for bodily injury or death that you are found to be responsible for. The car insurance company will provide you with legal defense
Collision Car Insurance Coverage
Collision car insurance coverage will pay for the repairs for an insured vehicle that was damaged when it hit or was hit by another car. The car insurance provider will even pay for the repairs if the insured ran into some sort of object or animal
Comprehensive Physical Damage Coverage
Comprehensive physical damage coverage insures you against theft, vandalism, floods, fires along with a list of other things. So it is best to ask the car insurance provider you choose what is exactly covered
Liability Insurance
The car insurance term liability insurance refers to insurance coverage that will protect you from claims filed against you from injuries or damage to other people or property
No Fault Insurance
No-fault insurance will pay for medical treatment, hospital visits, wages or any sort of loss incurred due to a claim filed no matter who is found at fault
Property Damage Liability Coverage
Property damage liability coverage will pay for damage to another persons property that has resulted of an incident you are found responsible for and provide legal defense if needed
Uninsured and Underinsured Motorist Coverage
This car insurance term refers to coverage that is provided by the insurance company and will pay for your injuries or property damaged by an uninsured driver, and in some states this insurance extends cover damage from an unidentified driver. Also if the driver found responsible for causing the damage to you does not have enough insurance to cover all the damage then this will cover the remain balance up to the amount of coverage you have agreed upon
