Every year, 32,000 people die in automobile accidents. In California, drivers are required to carry several auto insurance coverages such as bodily injury liability coverage and property damage liability coverage. Before you get auto insurance, it’s crucial that you know what types of coverages are available to you.
Auto liability coverage is mandatory in most states, in which vehicle owners are required to purchase at least the minimum amount of liability coverage set by state law. This type of coverage includes two components:
- Bodily injury
- Property damage
Bodily injury liability can help pay for costs should an auto accident cause another person’s injuries. Meanwhile, property damage liability may help pay for damage done to the property.
Uninsured And Underinsured Motorist Coverage
This is another essential auto insurance coverage. If you get into an auto accident and you were hit by an uninsured motorist, this type of coverage can help pay your medical bills, and in some states, it can also help you pay for vehicle repairs.
Personal Injury Protection
Personal injury protection is available in some states, and it can help pay for medical expenses following an auto accident. Additionally, this type of auto insurance coverage may help with other costs due to injuries, such as lost income.
If you want to get more comprehensive auto insurance, this one has it all. This is an optional coverage, but it will come up when you’re talking to your lender if you’re paying or leasing your car.
It can help you cover most car damages from fire, hail, vandalism, or theft. For example, if your vehicle is damaged due to extreme weather conditions, then you can file an insurance claim and have it repaired or, in some cases, replaced. Keep in mind that this has a deductible, which is the amount you’ll pay before your insurer reimburses you for the claim.
Collision coverage can help pay for car repairs or replacement when you get involved in an accident with another vehicle or hit an object while driving. This type of coverage is usually optional, but your lender may require that you get one.
Medical Payments Coverage
Whether you or your passengers get injured in an auto accident, medical payments coverage may help pay for costs associated with sustained injuries. In some states, this coverage is required.
Getting auto insurance may be a lot to take in, especially if it’s your first time doing so. It would be good for you to hire an insurance broker to help you find the best auto insurance coverage. A broker can also help connect you to trusted insurers that will have your back no matter what.
On the other hand, if you plan to do it on your own, make sure to research properly first. With so many insurance companies out there, you need to ensure that you will be with the one that will suit all of your needs. You should also take the time to read reviews and ask for referrals.
If you want to get reliable auto insurance coverage here in California, contact Panorama Insurance Agency today.