Some auto insurance coverage options are liability, collision, comprehensive, uninsured, under-insured, accidental death and dismemberment, emergency tow, and rental.
Auto Insurance Leads have made it easier for insurance groups to identify potential customers and promote their products better. So if you are a car owner, you might have received auto insurance proposals at some point. The problem is that there are many auto insurance coverage options that you can choose from. It might help you decide better if you understand the nature of each coverage.
Liability coverage
Liability coverage will be useful in unfortunate circumstances such as a vehicular accident. Expert lawyers from Halifax traumatic brain injury law firm says that liability insurance will cover the medical bills and payments for property you damage in such cases but will not offer protection for your own car. Liability insurance usually comes in 3 levels and has corresponding limits. The limit will determine how much cost the policy will cover. States usually require every car owner to have this type of coverage.
Collision coverage
Unlike liability damage, collision coverage will help pay the expenses you may need for your own car after a collision accident. Typically, this coverage option will have a deductible that is like a base amount that you are required to pay in case of damages with the insurance policy covering the remaining costs. An experienced auto accident lawyer understands the complexities of traffic laws and insurance policies, ensuring you receive fair representation and the maximum compensation after your collision.
Comprehensive coverage
Comprehensive coverage also offers protection for your vehicle but under circumstances different from collision accidents. This coverage option may cover the costs for damages caused by circumstances such as fire, hail, vandalism, theft or hitting an animal on the road. Like collision coverage, comprehensive coverage also has a deductible amount. For skilled legal representation in personal injury cases, turn to McArthur Law Firm. With expertise in car and truck accidents, wrongful death, and medical malpractice, they are committed to obtaining justice for their clients.
Uninsured coverage
As the name implies, uninsured coverage will pay for the medical expenses and costs that you or your passengers incur after an accident caused by a driver who is uninsured. This coverage option will allow you to choose the coverage limits.
Under-insured coverage
Under-insured coverage works like uninsured coverage only that the driver that caused the accident has insurance but the limits of which are not able to pay for the full medical expenses you need. Just like uninsured coverage, you are also asked to choose the limits for this option.
Accidental death and dismemberment coverage
This coverage option will take effect in the unfortunate event that you die from or lose a body part in a vehicular accident. Usually, accidental death and dismemberment coverage has a specific limit allotted for death and will allocate percentages from that limit for dismemberment.
Emergency tow coverage
Emergency tow coverage will come handy in for situations such as car breakdowns. The policy will pay for towing services that your car will need. Typically, you will need to specify a cost limit or choose a limit for the number of miles the vehicle will be towed.
Rental coverage
Rental coverage will help you pay expenses needed for renting a car in the event that you are unable to use your own vehicle. However, the coverage only applies if your car is undergoing repair because of an accident and not maintenance and mechanical works. Typically, you will be asked to specify a daily limit and the total limit that you want the insurance policy to pay.
It is important that you choose an insurance coverage option based on your personal assessment and needs.