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An Overview Of Auto Insurance

May 11, 2008
With many drivers on the road today, it is important that people have what is necessary to keep financially safe in case of an accident. Without auto insurance, many drivers would not be able to drive due to the fear that there was an accident, they wouldn't be able to pay for it. Basic auto insurance covers the driver on a variety of categories in order to keep the driver financially safe.

Basics Of Auto Insurance

Collision Coverage - If anything were to be hit by your vehicle, collision coverage would be the plan to deal with it. This plan includes hitting another driver, flipping over, or even hitting another object. With a deductible collision coverage can range from 250 to 1000 dollars. The lower your premium, the higher your deductible.

Personal Injury Protection - If you were to be physically injured in an accident, then chances are you will have medical bills, and this plan would be able to cover that. It is also possible, but rare, to receive lost wage reimbursement for the time you spend out of work, healing. It does not happen to everyone, but sometimes a death can occur. This plan also covers the whole funeral process.

Uninsured Motorist Coverage - Also dealing with basic auto insurance is the uninsured motorist coverage. If a friend, family member, or even if one is hit by an uninsured motorist, then this plan is meant to cover any lost money in the process. If you are a pedestrian hit by an uninsured motorist, this plan also covers you.

Comprehensive Coverage - Other vehicles are not the only thing that can damage your vehicle. Sometimes natural disasters, and other unpreventable events may occur. This plan is meant to cover any damage to your vehicle that was not preventable such as, weather, vandalism, and even hitting animals.

Property Damage - If you hit a building or other structure, road sign, telephone pole, or even lights, then this coverage plan will pay pick of the cost of those. Other vehicles are also included.

Bodily Harm Coverage - In some cases people are physically hurt in the accident, other than yourself. This plan is meant to cover accidentally harming others. In nearly all states it is required to drive with liability making this one of the most important coverage plans.

Basic auto insurance is one of the most important insurances to own. With millions and millions of drivers today, it is inevitable that there will be an accident. It may not happen everyday, but it still does take place, and is very stressful without owning auto insurance. Without owning it, you can, and usually will be sued for any unjust actions, your fault or not. In order to keep you and your family safe, it is well advised you get basic auto insurance.
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