Understanding Auto Insurance Coverage

What does bodily injury liability cover in an auto insurance policy?

• Theft or vandalism of your vehicle

• Damage to your own vehicle

• Medical expenses for passengers in your vehicle

• Medical expenses for others injured by your vehicle

How is the coverage limit structured for bodily injury liability?

• Based on the vehicle's value

• Per person and per accident

• Fixed amount per policy

• Unlimited coverage

What happens if total claims exceed the per accident limit in an insurance policy?

• Insurance covers the full amount

• Claims are proportionally reduced

• Coverage stops at the accident limit

• Additional coverage is automatically added

In the event of an accident, how does the per person limit affect payouts?

• Each person receives a fixed sum

• Payouts are based on fault percentage

• Only the driver receives compensation

• It limits the maximum payout per individual

What is covered under property damage liability?

• Your vehicle repairs

• Other people's property damage

• Legal expenses

• Personal injuries

What is the minimum coverage limit often chosen for property damage?

• $100,000

• $50,000

• $25,000

• $10,000

What does uninsured motorist coverage protect against?

• Theft of the vehicle

• Damage to your vehicle by natural disasters

• Injuries to your passengers without any fault

• Accidents caused by drivers with no insurance

How does underinsured motorist coverage help in an accident?

• Covers total vehicle replacement

• Pays for legal fees

• Provides additional payment over the other driver's insurance limit

• Covers all medical expenses regardless of fault

How does uninsured property damage coverage benefit you?

• Increases the value of the vehicle

• Reduces legal liability

• Repairs damage from uninsured drivers

• Covers medical expenses

What additional benefits does PIP provide over MedPay?

• Coverage for vehicle damage

• Death benefits and lost wages

• Coverage in all states

• Unlimited medical expenses