Automobile Medical Payments Coverage
Medical payments coverage pays for medical bills sustained by you or anyone else riding in your automobile up to your policy limit. Medical payments coverage is paid out regardless of fault or legal liability.
Collision coverage is the second of the two coverages that cover damages to your vehicle. Collision coverage pays for damages to your vehicle when it is damaged by a collision with another object or by overturning. If your vehicle is damaged by a hit and run driver, you would need to have collision coverage on your policy for the damaged vehicle in order to be covered.
Comprehensive coverage is one of two coverages that provides protection for damages to your vehicle. It is now commonly referred to as “Other Than Collision” coverage. Comprehensive coverage provides coverage for many non-collision losses to our automobile, including loses from fire, wind, hail, theft, vandalism, and similar losses. It also covers broken glass claims and losses from hitting an animal.
Liability coverage is designed to protect you in the event that a person makes a claim or files a lawsuit against you. It is extremely important that you understand that you can be sued for more money than you have liability coverage for. You are personally liable for any legal judgment against you that exceeds your liability limits and your personal assets can be used to satisfy this indebtedness. Thus, we recommend you purchase as much liability coverage as you can afford.
If your liability coverage applies, your insurance company is obligated to defend you in the event of a claim against you, but the Company’s duty to defend ceases after your policy limits have been paid or offered to the claimant.
An “umbrella” policy is a separate insurance coverage policy designed specifically to give you an additional tier of liability coverage over your basic auto, farm, home and recreational vehicle policies. Some umbrella policies provide additional liability coverage not usually included in your other personal policies. Due to increased medical costs, increased jury awards in bodily injury cases and other similar factors, we recommend you purchase a personal “umbrella” policy.
Underinsured Motorist Coverage
Underinsured motorist coverage protects you and members of your household (up to your policy limit) from bodily injuries you may sustain that are caused by the negligence of a driver with low automobile limits.
Uninsured Motorist Coverage
Uninsured motorist coverage protects you and members of your household (up to your policy limit) from bodily injuries you may sustain that are caused by the negligence of an automobile driver who has no liability insurance.