Sherzer Insurance Blog
Before you hit the road with that new car, it is essential to learn some of your responsibilities as a driver. One of those responsibilities is getting auto insurance. All states except for Virginia and New Hampshire will require you to have an active car insurance policy whenever you drive. If state authorities caught you driving without an auto insurance policy, you might find yourself in trouble for violating a state regulation.
Besides complying with state laws, your auto insurance is designed to provide financial protection to you as the driver, your passenger, and your car. If you accidentally hit someone while driving your vehicle and do not have auto insurance, your finances might bleed for paying the other person’s medical expenses. Hence, you need to know, especially if you are a new driver, two auto insurance coverage types.
This auto insurance coverage is a mandatory requirement in most states. Your car insurance policy should always have liability coverage. It consists of two components: bodily injury liability and property damage liability coverages.
Bodily injury liability provides financial coverage for expenses if someone got injured while you are driving. On the other hand, property damage liability covers the costs for the damages you caused to someone’s property.
For example, you drove your brand-new SUV on California State Route 1 when you lost control of your car. As a result, you unintentionally hit a young lady walking on the sidewalk and run over a taco vendor stall. If you have auto insurance, the young lady’s medical expenses and even her lost income can be covered by your bodily injury liability. Meanwhile, your property damage liability can shoulder the damages you caused on the taco’s vendor stall. It can even cover legal expenses if the stall owner filed a lawsuit against you.
Uninsured and Underinsured Motorist Coverage
Some states will require drivers to have uninsured and underinsured motorist coverage, while optional in several states. This type of auto insurance coverage is essential to any driver since it will help protect you from motorists who have insufficient auto insurance coverage. There is no standard definition of uninsured and underinsured drivers. Every state has its meaning of uninsured and underinsured.
If your vehicle were hit by another car, the other vehicle’s driver would pay for your medical treatment if you got injured. However, if that driver is uninsured and cannot cover the expenses, your uninsured and underinsured motorist coverage can step in and shoulder your medical bills. It can also protect your passenger’s medical costs and your lost income if you could work due to the injuries.
In most instances, uninsured motorist and underinsured motorist coverages are offered as a bundle coverage while, in some cases, it is provided separately. In several states, drivers must have at least one of these coverages, if not both.
As a driver, it is crucial to get financial protection to cover you, your passenger, and your vehicle from any untoward incident on the road. It is good to know that getting an auto insurance policy can provide these coverages. It can also offer you peace of mind while driving your car.
At Sherzer Insurance Agency, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (239) 673-9301 or Click Here to request a free quote.