Understanding the insurance “lingo” will help make sure you get the coverage you want! The following information from www.autoinsurance.org summarizes some of the most common auto coverages…
1.) Liability coverage pays for accidental bodily injury and property damages to others. Injury damages include medical costs, pain and lost wages while property damage includes damaged vehicles and property.
2.) Collision coverage pays for damages to your vehicle caused by a collision with another vehicle or object.
3.) Comprehensive coverage pays for damages that were not caused by an auto accident, such as floods, vandalism or theft.
4.) Medical coverage pays medical expenses despite of fault in an auto accident.
5.) Personal Injury Protection coverage pays for medical expenses for the insured driver, regardless of fault, due to an auto accident.
6.) Limits and Deductibles apply to certain types of coverage and determine how much the policyholder will have and how much the insurance company will pay when a covered claim is made.
You could also take the easy way out and let your Problem Solvers at Gillman Insurance handle your insurance for you. We know the coverage, so you don’t have to. Give us a call!