Auto insurance is mandatory in every state, but that does not mean you are covered for every expense that comes with an accident. Many costs are taken care of by optional add-on coverages, and you can only file a claim for them if you already have these coverages on your policy. To understand the full scope of your policy and how to be prepared for every compensation, you need to know about your coverage options. An insurance agent can tell you what state laws require and what is optional. You may also want to contact a car accident attorney if you’ve been in an accident.
Coverage for Others
Liability coverage is the main required policy. This is to protect others whom you might injure or damage in an auto accident. When the accident is your fault, the other person can make a claim against your insurance and it will be covered by liability. There are both property and bodily injury coverages.
Protection From Uninsured Drivers
Uninsured or underinsured drivers will not be able to pay for your damages if they hit you. By having uninsured or underinsured coverage (whichever your state requires), you can still make claims for medical costs, lost wages, out-of-pocket expenses, and pain and suffering. You may even be able to have property damage covered.
Collisions Without Other Drivers
If you run into something or get into an accident, you will still want to file a claim for the damage to your vehicle, which is called collision coverage. You may be able to get your car replaced if it is totaled, or at least have some of the expenses covered. Remember that no matter what happens to your car, you should report the damage to your insurance company as soon as possible.
Personal Injury Coverages
You may get injured in an accident and need to go to the hospital or attend physical therapy afterward. Whatever the injury, you can have medical payments coverage or personal injury protection on your policy to handle these costs, as the lawyers at The Law Office of Jason R. Carpenter can explain. If you are at fault for the accident, or if you live in a state where fault does not land on anyone, you will need at least one of these coverages if you don’t want to pay for your injuries out of pocket.
If you’ve been in an accident and you have questions about your policy, contact your insurance agent to learn more. You can also talk to a lawyer if concerns arise over getting properly compensated.