Comprehensive Automobile Insurance
Auto insurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy. When you need auto insurance, call the experienced, professionals at the Huntingdon Insurance Group in Huntingdon Valley, PA.
Auto Insurance Provides Property, Liability, and Medical Coverage
- Property coverage pays for damage to or theft of your car.
- Liability coverage pays for your legal responsibility to others for bodily injury or property damage.
- Medical coverage pays for the cost of treating injuries, rehabilitation, and sometimes lost wages and funeral expenses.
The Types of Auto Insurance Policy
An auto insurance policy is comprised of five different kinds of coverage. Most states require you to buy some, but not all, of these coverages. If you’re financing a car, your lender may also have requirements. Most auto policies are for six months to a year. Your auto policy may include all five coverages or some of them. Each coverage is priced separately.
1. Bodily Injury Liability
For injuries, the policyholder causes to someone else.
2. Medical Payments or Personal Injury Protection (PIP)
PIP can cover medical payments, lost wages, and the cost of replacing services normally performed by someone injured in an auto accident, regardless of fault.
3. Property Damage Liability
For damage, the policyholder caused to someone else’s property.
4. Collision
For damage to the policyholder’s car from a collision. The collision could be with another car, a light post, a fire hydrant, or another object.
5. Comprehensive
For damage to the policyholder’s car that doesn’t involve a collision with another car.
6. Uninsured Motorist Coverage
Covers you as a result of an at-fault accident with an uninsured driver. Underinsured motorist coverage can also be included in the auto policy. Underinsured motorist coverage comes into play when an at-fault driver has auto liability insurance, but the limit of insurance is inadequate to pay for your damages.
Contact the friendly professionals at Huntingdon Insurance today and find out how much money you could be saving right now on automobile insurance. Call 215-942-0616 for a FREE, No Obligation Quote.
