Many states have mandated minimum insurance requirements that you must meet in order to operate your vehicle in that state. The insurance sector employs the following terms:
Protection for the person or property that you inadvertently damage while driving your vehicle. In places that mandate insurance, a specific amount of liability coverage for bodily injury and property damage is needed.
Collision: Covers damage to your car caused by you or someone else who cannot be located.
Comprehensive: Covers your vehicle and its contents in the event of a fire, theft, or vandalism.
Medical Payment: Pays for any medical bills incurred by anyone in your car.
Uninsured Motorist: Pays if the at-fault driver is not insured. Pays your charges in excess of the amount covered by the other driver's insurance. The proper amount of insurance protection to carry is determined by the circumstances of your life. The more money you have, the more insurance you may get to save it from the enormous consequences of a major car accident. Adequate insurance coverage that can pay for accident-related losses allows you to focus your efforts on getting well again, knowing that you won't have to worry about how you'll pay for necessary medical care and living expenses. Your insurance agent and attorney can assist you in determining the quantity and type of insurance coverage you and your family require to protect yourselves.