When you insure your vehicle, you protect yourself from financial loss if you are ever involved in an auto accident or theft. An auto insurance policy is an agreement between you and your insurer that provides you with property, liability, and medical coverage. An auto policy may provide any of the following protections:
Property Damage Liability
Property damage liability coverage covers the damage caused by you, or someone driving your car with your permission, to another person’s property. Usually, this will include damage to telephone poles, gates, fences, lamp posts, buildings or building facades, or other structures you may hit.
Bodily Injury Liability
Bodily injury liability will cover the designated driver or policyholder if they injure others. Listing family members on your policy will have them covered too if they are driving your vehicle.
Medical Payments
Medical payments (or personal injury protection plans) cover the medical care, injuries to the driver and passengers of the policyholder’s car in case of an accident. Depending on the amount of coverage you choose, medical payments coverage can cover medical costs, lost wages, and even possible funeral costs.
Some of the salient coverages and inclusions in a typical auto policy are:
- Coverage for medical payments
- Coverage for liability
- Coverage for collision
- Comprehensive coverage
- Underinsured & uninsured motorist coverage
- Roadside assistance
- Towing inclusion
- Reimbursement for car rentals
- Accident and minor vehicle forgiveness
- Diminishing deductible
- Uber and Lyft Drivers
Collision
As the name suggests, collision coverage covers damages that result from a collision with another vehicle or object.
Comprehensive
In case of theft or damage by something other than a collision with another car or object (i.e. fire, explosions, hail, falling objects, vandalism, etc.), comprehensive insurance will cover these damages.
Uninsured and Underinsured Motorist Coverage
If you are hit by an uninsured driver, or if you are the victim of a hit and run accident, Uninsured Motorist Coverage will reimburse you, a member of your family, or a designated driver. Underinsured motorist coverage is used when the driver at fault does not have enough insurance to pay for the costs to repair your vehicle. This coverage will also help you if you are hit as a pedestrian.
EZ Online Service can help you find the coverage that suits your driving needs.
Let EZ Online Service help you choose a policy that will fit your needs. Protecting all your assets, whether business, personal or both, is our primary goal. An insurance policy chosen by an expert can lessen the impact of some of life’s most common, yet unforeseen accidents.
