Car Insurance Los Angeles Covers 6 Major Factors
IN THIS BLOG
Collisions Coverage by Car Insurance Los Angeles
Car Insurance Los Angeles In-depth Protection
Coverage for Uninsured Motorists
Underinsured Motorists Coverage
Car Insurance Los Angeles Coverage for Liability
PIP (Personal Injury Protection) Coverage
Would you be able to tell someone what is covered under your auto insurance coverage if they asked? Like most of us, you’d probably find it difficult to confidently respond to that question. It can be difficult to understand the many types of coverage available under your auto insurance policy, but it is incredibly beneficial. The more you know about your policy, the more confident you will be that you are adequately covered in the event of an accident. Here are six types of coverage that your Car Insurance Los Angeles policy might provide:
Collisions Coverage by Car Insurance Los Angeles
Collision coverage should cover damage to your car caused by a collision with another vehicle or item. Collision coverage is normally required if your car is still being financed. However, if your automobile is paid, you may keep or drop collision coverage from your policy. Although your policy may be cheaper, collision coverage can cover damages to your car for which you are at fault. If a third party causes damages, their insurance company would be responsible for paying for them.
Car Insurance Los Angeles In-depth Protection
In simple terms, comprehensive coverage insures you against damages due to natural calamities, riots, vandalism, and animal encounters. Your full coverage helps compensate for the repairs of your vehicle. Although a comprehensive insurance plan has lower prices than collision coverage, the price depends on your deductible and policy limitations.
Coverage for Uninsured Motorists
According to a report from the Insurance Research Council, nearly one out of every eight drivers in the US is uninsured. If your automobile gets into a hit-and-run or if you get into a car accident with an uninsured third party, having uninsured motorist coverage can protect you.
Car Insurance Los Angeles Coverage for Liability
Obtaining auto liability coverage can help you financially if you are at fault for a vehicle-related accident. To meet the state’s minimum vehicle insurance requirements, you must have two types of liability coverage in most states. The following are the two types of liability coverage available:
1. Bodily Injury
Bodily injury liability covers medical expenses incurred as a result of an occurrence for which you are at fault. If you or individuals specified on your insurance hurt a third person while driving, your liability coverage will pay for it. Bodily injury liability can help compensate not only medical bills but also lost wages for the affected party.
2. Property Damage Liability
If you or someone on your policy collides with a vehicle or property, your liability coverage helps pay the expenses.
PIP (Personal Injury Protection) Coverage
PIP, unlike bodily injury liability coverage, covers medical costs, lost earnings, and other expenditures for you. It can also cover drivers on your policy, and passengers in your vehicle, regardless of who is at fault. PIP coverage is not available in every state. PIP coverage often results in increased premium costs because it forces your insurance carrier to help cover expenses regardless of who is at blame for the occurrence.
Choose News Insurance
Overall, without Auto Insurance, you will need to pay thousands of money out of pocket for any car accidents you’re responsible for. Only two states do not require a minimum amount of Auto Insurance coverage, and driving without it can result in your license being suspended or thousands of dollars in fines. For more information on the various types of coverage offered under your auto insurance policy, or for more information on your current policy, contact NEWS Insurance Services today!
