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Free Auto Insurance Policy Quote Explained

One of the best ways to save money on insurance is to get a auto insurance policy free online quote but it helps to understand when you get that quote what sort of coverage you are getting. Here is a list of typical coverage options that you will get on your car insurance policy free online quote:

Liability Coverage:

There are different types of liability when it comes to your auto insurance policy:

Bodily injury liability - covers medical costs, loss of income, and compensation for pain and suffering of those to whom you have hurt with your car. Bodily injury liability will also cover for your legal defense related to the accident.

Property damage liability - pays for the insurance claim and legal defense the accident is your fault and you have caused damage to property with your auto.

Liability insurance is usually what is quoted in your mandatory auto insurance coverage by state tables. It is usually written like this: 20/50/15 and here is what that means

20 - $20,000 of protection for any one person you are at fault for injuring.

50 - $50,000 of protection for the total number of people you have injured. So if you injure 3 people and together they have more than $50,000 worth of injuries your policy will not cover the amount over the $50,000 limit.

15 - $15,000 for all the property damage you have caused.

Medical Payment - This is a special form of accident insurance that provides will pay for medical expenses and funeral expenses for you and your passengers injured in an accident regardless of who is at fault. The standard limit for most policies is $1,000 per person.

The medical payment provision is for reasonable expenses for necessary medical and funeral costs because of bodily injury caused by accident and sustained by someone who is covered by the policy. The medical payments coverage applies to you and your family members who suffer bodily injury while occupying any of the vehicles covered by the policy.

The medical payment coverage also covers other passengers who are riding in your car at the time of the accident.

Additionally, the medical payment provision covers you and your family members if you are hit by a car when you are a walking.

If you want more than $1,000 worth of coverage you can get it for only a small increase in the premium.

Collision Coverage and Comprehensive Coverage:

Collision Coverage - This insurance coverage pays for harm to your car is involved in a collision with another car or an object or in a rollover, regardless of who is responsible.

Comprehensive Physical Damage - This insurance coverage pays for losses if your vehicle suffers damages other than colliding with another auto i.e. theft, fire, hail, wind, flood,vandalism etc.

Uninsured/Under-insured Motorist:

Insurance coverage that pays for any expense if an uninsured, under-insured, or hit-and-run driver causes property damage or injuries to you or family members and other passengers in your vehicle.

Again you will numbers quoted like “15/30″ which means $15,000 per person and $30,000 per accident.

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For information on how to save money on car insurance see our sister site Free Insurance Policy Quotes

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