Choosing
auto insurance policy coverages can be confusing because there are so many different options available. This drives many consumers to simply choose the minimum coverages required by their state in order to satisfy the law rather than their need for financial security, but states usually have very low requirements when it comes to
auto insurance, basically leaving your family’s future in their hands. Instead, take a look at this guide with some common personal auto insurance coverage types and decide for yourself which are the most important to your family.
Bodily injury liability: If you are at-fault in a car accident, you could hurt people within your car or outside of your vehicle. Bodily injury liability coverage offers insurance against the medical expenses and personal claims resulting from these injuries. It also has two different limits—one for single-person injuries and one for multiple person injuries.
Collision: If another vehicle hits you or you hit another vehicle, your collision coverage will pay the damages.
Comprehensive coverage: There are some very real threats to your vehicle that don’t involve driving including theft, fire and vandalism. Comprehensive coverage from your insurance company covers the claims they bring in.
Medical payments: If you injured in an accident, the medical payments coverage will pay for your medical expenses.
Personal injury protection: If you are in an accident and are injured, no matter who is at fault, personal injury protection (or PIP) will pay your medical expenses.
Continue reading on
Personal Auto Insurance – Common Coverage Types in Minneapolis. To learn more about Auto insurance contact us
763-241-7900 or get a
Auto Insurance quote .
Insurance premium can be calculated differently from insurance company to insurance company, however, a majority of companies will use the following when determining what to charge you for your homeowner’s insurance.