Auto insurance is a complex puzzle for many consumers. For instance, there may be specific insurance requirements if your vehicle has a note. Further, many states have mandatory insurance requirements. Most importantly, consumers need to learn how to protect the family with Auto Insurance in Rancho Cucamonga CA.
Basic Coverage
Most consumers need liability, collision and comprehensive coverage. Failing to have liability insurance is illegal in most states. Liability pays if you are in an at-fault accident. The insurer pays for property damage and bodily injury. Experts recommend having $100,000 worth of liability coverage. Comprehensive coverage pays for vehicle damage that’s not caused by a collision. This includes things like falling limbs and hail. Finally, collision coverage pays the consumer’s damages whether the accident was their fault or not.
Auto Insurance Language
There may be a line on your insurance card that reads 250/500/250 for liability limits. In this instance, there is $250,000 bodily injury coverage per person. The second number means there’s a $500,000 limit for bodily injury per accident. Further, the third number indicates there’s $250,000 property damage coverage per accident.
The Most Important Coverage
Uninsured motorists is the most important Auto Insurance in Rancho Cucamonga CA. The Insurance Research Council says one in eight drivers don’t have insurance. Uninsured motorists kicks in if you’re hit by an uninsured driver. Further, you may be in an accident with someone who doesn’t have enough coverage. Uninsured motorists becomes under-insured coverage if this occurs.
You may live in a state that requires drivers to have medical payment coverage. The coverage pays medical bills for anyone in your car during an accident. The consumer may not purchase the coverage if they have health care. However, you may be sued by passengers if you’re at fault in the accident. Similarly, some states require drivers to have PIP or Personal Injury Protection. PIP covers medical bills, funeral costs and lost wages for passengers.
GAP insurance can be a valuable asset. This coverage is invaluable for those who total new vehicles. The insurance covers the difference between what is owned on the vehicle and what the liable insurer pays. To learn more, visit Barranca Insurance Services Inc. You can also connect them on Facebook.
