This covers damage to your car from anything other than a car accident.It is an optional coverage that protects your investment.Check with your state’s insurance department to determine how they handle personal injury protection insurance.
This covers damage to your car from anything other than a car accident.It is an optional coverage that protects your investment.Check with your state’s insurance department to determine how they handle personal injury protection insurance.Tags: Ph D Thesis ReprintsSelf Improvement EssayResearch Papers Examples EssaysAn Essay On Criticism Analysis SummaryThesis Master Of Business AdministrationHow To Introduce A Research Paper
In order to become a savvy auto insurance consumer you need to understand exactly how each type of coverage works.
Liability insurance pays for damage and injuries that result from accidents where you are deemed at fault.
This means you were responsible in some way for causing the accident.
In most accidents, both drivers are considered to be partially at fault because of a rule known as “comparative negligence.” There are a few situations when you won’t be considered at fault, such as if you were hit directly from behind, but otherwise you will be considered at least partly responsible.
In exchange for this coverage, you need to pay an insurance premium to your provider.
The six different types of auto insurance all cover different problems.
Collision insurance is generally more expensive than liability insurance and often includes a deductible (an amount you pay out of pocket before insurance kicks in).
According to the research firm Mitchell International Inc., the average deductible for collision insurance is 0.25.
Sometimes insurance companies sell both uninsured and underinsured coverage under the same policy, while others sell them as two separate types of coverage.
PIP or Personal Injury Protection goes above and beyond paying for medical and hospital expenses.