Types of Car Insurance Coverage
Liability coverage includes both bodily injury and property damage liability coverage and is required in most states. Basically, if you cause an accident, hurt someone or damage someone’s property, it can pay for covered damages and to defend you if a lawsuit results.
Comprehensive coverage helps pay for damage to your vehicle that is not caused by a collision. For example, theft, vandalism, hitting a deer or other animal, storms and certain natural disasters.
Collision coverage helps pay for damage to your vehicle if your car hits another car or object, gets hit by another car or if your vehicle rolls over. This coverage is generally required if your car is financed or leased
Personal Injury Protection
Personal injury protection (PIP), also called no-fault insurance, is available in certain states. It pays medical expenses, and in some cases lost wages and other damages regardless of who is at fault in an accident.
Uninsured/Underinsured Motorist Coverage
Uninsured/underinsured motorist coverage can help pay for damages and medical costs resulting from an accident caused by someone who has no insurance or inadequate insurance coverage.
Medical Payments Coverage
Medical payments coverage helps pay for covered medical expenses for anyone injured while in your vehicle, regardless of who is at fault.
Deductibles and Limits
Your car insurance deductible is the amount you’ll pay out of pocket before your insurance kicks in. The lower the deductible, the less you’ll pay out of pocket if an accident occurs. Selecting a higher deductible may lower your auto insurance premium.
Your car insurance coverage limits, also referred to as limit of liability, are the most your insurance will pay if you have a claim. Choosing a higher coverage amount provides you additional protection if an accident occurs.
The available coverage limits may vary by coverage type and state. It is important to choose limits that meet your needs.
Loan/Lease Gap Insurance
Gap insurance – or loan/lease insurance – can help protect you if your vehicle is financed or leased. If your vehicle is totaled, this coverage may pay the difference between the actual cash value of the vehicle and the unpaid balance of the loan or lease
Rental reimbursement, or extended transportation expenses coverage, can pay for a rental car if your car is damaged in a covered accident and your car is out of commission for more than 24 hours.
With Roadside Assistance you can have peace of mind knowing that help is just a phone call away. And best of all – this service costs less than many independent services. Because we know that everyone is different, we offer two levels of coverage, depending on individual needs.
New Car Replacement
Premier New Car Replacement® gives you the extra coverage you need. If you total your new car in the first five years, this coverage pays to replace it with a brand new car of the same make and model. Many insurers offer coverage for just the first two or three years.
Many responsible drivers are concerned about the possible premium impact of an accident or violation down the road. The Responsible Driver package includes accident forgiveness and minor violation forgiveness —two extremely popular features.
Available in Colorado and Illinois only, the Limited Ride Sharing coverage endorsement can help protect individuals who drive for transportation network companies. The endorsement provides auto coverage after drivers open a mobile ride sharing app, but before connecting with a passenger.