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What is the difference between Collision and Comprehensive coverage for my automobile?

What is an endorsement?

Should I buy collision insurance if I have an old car?

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What is the difference between bodily injury liability coverage and medical payments coverage?

Bodily injury liability coverage applies to injuries you or anyone insured under your policy becomes legally responsible for as a result of an accident. Medical payments coverage pays for reasonable medical expenses incurred by you or passengers in your vehicle regardless of who is at fault for the accident. Your local agent can advise you of the coverage provided by your policy for both bodily injury liability and medical payments.

Is my child who is covered under my policy still covered by my policy while driving someone else's car?

How to insurance help to our life ?

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What is the difference between Collision and Comprehensive coverage for my automobile?

Collision and Comprehensive insurance are often confused. Both protect your vehicle in different ways. Here is the information:

 

Collision insurance covers damages to your vehicle caused by an accident (collision).

  • Collision insurance pays even if you caused the accident that damaged your car.
  • Collision coverage is especially valuable because one in four Floridians drive illegally without any insurance.
  • Even if the driver that was at fault for the accident had the required insurance, the required amount of property damage liability insurance is only $10,000 in Florida.
  • The recommended amount of Collision coverage varies depending on the age and value of your vehicle.

 

Comprehensive insurance is also known as “other than collision” insurance or “OTC”. It covers damage done to your vehicle from things other than collisions, such as: vandalism, disasters, theft, fire, impacts with animals, etc.

  • Comprehensive does not cover any damage as a result of a collision.
  • If you live in a high crime area, have a newer model vehicle, or a vehicle that is a common target of theft, Comprehensive insurance is highly recommended.

What is an endorsement?

Should I buy collision insurance if I have an old car?

What is the difference between bodily injury liability coverage and medical payments coverage?

Is my child who is covered under my policy still covered by my policy while driving someone else's car?

How to insurance help to our life ?

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