Free Auto Insurance Information Online Here
Auto Insurance Information
Auto Insurance Quotes Online
Auto Insurance Quotes Online
Auto Insurance Information Online
Auto Insurance Information

Each state varies in their requirements for auto insurance in
regards to what the legal coverage is in that state. However, you
are required to purchase auto insurance if you want to get a tag
and register your vehicle. Auto insurance policies offer you may
forms / variations of coverage and protection. These policies are
used as an instrument to cover your liability and the medical bills of
others as well as yourself. You also may have coverage for your
vehicle if it is purchased as well as coverage for property damage
and bodily injury from the accident. Below are some of the
definitions of coverage you may see on your auto insurance
declarations page. The limits will differ depending on your state and
the desired coverage that you have on your policy. Our site is
designed to get you the information you need. Our affiliates may be
able to provide our visitors with better rates on their auto
insurance policies too.  See if you can learn and save money at the
same time!

AUTO INSURANCE POLICY
There are basically six different types of coverages. Some may be required
by law. Others are optional. They are:

1. Bodily injury liability, for injuries the policyholder causes to someone else.
2. Medical payments or Personal Injury Protection (PIP) for treatment of
injuries to the driver and passengers of the policyholder’s car.
3. Property damage liability, for damage the policyholder causes to
someone else’s property.
4. Collision, for damage to the policyholder’s car from a collision.
5. Comprehensive, for damage to the policyholder’s car not involving a
collision with another car (including damage from fire, explosions,
earthquakes, floods, and riots), and theft.
6. Uninsured motorists coverage, for costs resulting from an accident
involving a hit-andiron driver or a driver who does not have insurance

AUTO INSURANCE PREMIUM
The price an insurance company charges for coverage, based on the
frequency and cost of potential accidents, theft and other losses. Prices
vary from company to company, as with any product or service.

Premiums also vary depending on the amount and type of coverage
purchased; the make and model of the car; and the insured’s driving
record, years of driving and the number of miles the car is driven per year.
Other factors taken into account include the driver’s age and gender,
where the car is most likely to be driven and the times of day – rush hour in
an urban neighborhood or leisure-time driving in rural areas, for example.
Some insurance companies may also use credit history-related information

BODILY INJURY LIABILITY COVERAGE
Portion of an auto insurance policy that covers injuries the policyholder
causes to someone else.

COLLISION COVERAGE
Portion of an auto insurance policy that covers the damage to the
policyholder’s car from a collision.


COMPREHENSIVE COVERAGE
Portion of an auto insurance policy that covers damage to the policyholder’
s car not involving a collision with another car (including damage from fire,
explosions, earthquakes, floods, and riots), and theft.


DEDUCTIBLE
The amount of loss paid by the policyholder. Either a specified dollar
amount, a percentage of the claim amount, or a specified amount of time
that must elapse before benefits are paid. The bigger the deductible, the
lower the premium charged for the same coverage.

EXCLUSION
A provision in an insurance policy that eliminates coverage for certain risks,
people, property classes, or locations.

GAP INSURANCE
An automobile insurance option, available in some states, that covers the
difference between a car’s actual cash value when it is stolen or wrecked
and the amount the consumer owes the leasing or finance company. Mainly
used for leased cars.

GLASS INSURANCE
Coverage for glass breakage caused by all risks; fire and war are
sometimes excluded. Insurance can be bought for windows, structural
glass, leaded glass, and mirrors. Available with or without a deductible.


LIMITS
Maximum amount of insurance that can be paid for a covered loss.

UNINSURED MOTORISTS COVERAGE
Portion of an auto insurance policy that protects a policyholder from
uninsured and hit-andiron drivers.
Do you still have questions? Try our
advanced search below!!
 
State:
State: