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Auto Insurance
Personal automobile insurance protects
you . . .
Liability (Bodily Injury and
Property Damage)
Protects you against claims in the event you injure another person
or damage someone else's property in an automobile accident involving
the covered motor vehicle. You should purchase limits high enough
to provide adequate protection for your family and you. If you cause
an automobile accident and do not have enough limits of insurance
to cover your legal obligations, you could be held personally liable
and would have to pay any debt incurred out of your own assets.
If a liability claim is filed against
you, your insurance company will investigate it and decide whtether
it should be paid, negotiated, or defended in court. The insurance
company will also pay the legal costs of settling the claim.
Uninsured/Underinsured Motorist
Coverage Provides benefits to you if a motorist who does
not have insurance coverage or a motorist who is underinsured becomes
legally liable for bodily injury sustained by you or for property
damage to your vehicle. This coverage also provides protection for
you if you are involved in an accident with a driver from a state
that does not require compulsory insurance. A deductible applies.
Comprehensive Physical Damage
Coverage ("Comp")
Covers damage to your vehicle caused by fire, theft, flood, vandalism,
or contact with a bird or animal.
Collision
Covers any direct or accidental damage caused to your vehicle by
collision with another object or by the overturning of the vehicle.
The loss must occur within the United States, its territories or
possessions, Puerto Rico, or Canada.
Personal Injury Protection (PIP
or "No Fault")
No Fault lets you buy auto insurance protection that pays you right
away regardless of who caused the accident. No Fault provides up
to $250,000 per person per accident in Medical Benefits coverage.
By law, these benefits are paid without regard to negligence, liability,
or fault of any kind. It pays for hospitalization, doctors fees,
rehabilitation, and other necessary medical expenses following an
accident. Deductibles range from $250 to $2,500. After paying your
deductible, you would then pay 20% of your
medical bills up to $5,000.
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