YOUR POLICY

 

Reviewing your auto insurance policy after a car accident is an important step in the process. You might wonder why, especially if you did not cause the accident. The truth of the matter is that many people do not have full auto coverage. You might find yourself in a situation where the at-fault party’s insurance won’t cover your injuries and damages. If this happens, it might fall to your own insurance company to pay for the damages and injuries. Here, I will review some of the common types of auto insurance that you might have. Reviewing what you do and do not have will help you understand your insurance company’s role in the personal injury claim process.

Types Of Auto Insurance

There are many different types of auto insurance that you might have. Here, I will focus on the ones that might apply to you as the victim of an accident.

Collision Coverage

In most cases, collision coverage is commonly applied to the at-fault driver. This is because it is coverage for damages to your own vehicle. An at-fault driver’s liability insurance will cover the damages for the victim in the accident. But, collision coverage will cover damages to their own vehicle. If you have collision coverage and the at-fault driver cannot pay for damages to your car, your own collision insurance might.

Comprehensive Insurance

If you got involved with an accident that did not involve another driver, comprehensive insurance can help. For example, if there was damage to your car because of weather, comprehensive insurance will cover it.

Personal Injury Protection

This is also considered “no-fault insurance”. This type of coverage will cover medical expenses no matter who was at fault for the accident. So, if you do not get the compensation that you want from the at-fault driver, this is a good option. Personal injury protection can help with medical expenses if you have this type of protection.

Auto Medical Payments (MedPay)

This type of coverage is similar to personal injury protection. But, it is a little more limited than the personal injury coverage. It covers medical expenses for you, your other policyholders, and passengers in your vehicle during an accident.

Uninsured/Underinsured Motorist Coverage

This is one of the most important types of additional car insurance coverage to have. This is because it protects you no matter what the at-fault driver’s car insurance is like. If the other driver can’t or won’t pay your bills, your own insurance company will.

Guaranteed Auto Protection

The value of your car reduces over time. If your car is totaled, you will only get the cash value for your car as reimbursement. This amount could be less than what you still owe on a lease or a loan. This type of insurance will pay for the gap between what you get for your car and what you owe.

Rental Reimbursement

When your car is getting repaired after an accident, you need a way to get around. But, renting a car for days or weeks can get expensive. The at-fault party might pay for a rental car. But, they might not. If you have rental reimbursement, your own insurance company will pay for your rental car.
To review your auto insurance policy with one of our lawyers, contact our office today.