Auto insurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company.
Your auto policy may include all of these coverage's or some of them. Each coverage is priced separately.
Bodily Injury Liability
For injuries the policyholder causes to someone else.
Property Damage Liability
For damage the policyholder caused to someone else's property.
Medical Payments or Personal Injury Protection (PIP)
For treatment of injuries to the driver and passengers of the policyholder's car. At its broadest, PIP can cover medical payments, lost wages and the cost of replacing services normally performed by someone injured in an auto accident.
Collision Damage to your car
For damage to the policyholder's car from a collision. The collision could be with another car, a light post, fire hydrant, etc.
Comprehensive Damage to your car
For damage to the policyholder's car that doesn't involve a collision with another car. Covered risks include fire, theft, falling objects, missiles, explosion, earthquake, flood, riot and civil commotion.
Uninsured Motorist Coverage
For treatment of policyholder's injuries as a result of collision with an uninsured driver. Underinsured motorist coverage can also be included in an auto policy. Underinsured motorist coverage comes into play when an at-fault driver has auto liability insurance, but the limit of insurance is inadequate to pay for your damages.
For when your vehicle becomes disabled from mechanical breakdown, dead battery, flat tire, lockout or no gas or entrapment in snow, mud, sand and needs towing to the nearest repair facility.
Rental car reimbursement
For the use of rental cars when your vehicle is inoperable from damage claimed under comprehensive or collision damage coverage.
Loan / Lease Payoff
For gap coverage if you have a difference between the amount you owe on your auto loan and the amount insurance pays if your vehicle is declared a total loss or stolen and not recovered, less your deductible.