Idaho Auto Insurance Guides: What Type Of Car Insurance Should I Buy?
The main reason you
need to have an automobile insurance is that it will protect you from personal
liability in case an accident occurs. If you are involved in an accident and
you are found guilty, it will be your liability to bear the cost of medical
bills. You will also have to pay a huge sum of money as monetary award if
someone gets killed. It also saves expenses for repairs and replacement. In
addition, if you hit a vehicle you need to pay for the car’s repair or
replacement and will also be held liable for any property damage that you may
cause.
As far as the legal
aspects are concerned, your vehicle may be confiscated by the authorities if
you do not have car coverage. Furthermore, it is also illegal for the police to
allow you to drive when they come to know you do not have car coverage. Considering all these factors, having
Idaho Auto Insurance is mandatory.
Choosing a car insurance
There are many
different kinds of car coverage that you can avail and you have the freedom to
choose the kind of coverage according to your requirements and preference. Some
of you may prefer less coverage and be careful about avoiding accidents instead.
Others may prefer coverage against any risk even if they need to pay high
premium. However, at first you need to know the liability coverage of Idaho Auto Insurance that is required in
your state. The following is a comprehensive guide about various kinds of car
coverage based on which you can inquire about the policies and rates.
* Liability coverage
In most states, it is a
legal requirement to drive a car and every state sets a minimum amount of
coverage that is mandatory. In case, you cause an accident it includes bodily
injury liability and property damage liability of the other party. However, it
will not pay for your own repair and medical bills.
* Collision coverage
It helps to pay for
repair and replacement should your car collide with another vehicle or a tree
or house. It is not mandatory in most states, however, if you have a loan or
lease the lender typically needs collision coverage.
* Comprehensive coverage
It provides extra coverage
for damage due to unexpected incidents like theft, a tree falling on top of it,
fire, strong wind, flood, hail, vandalism but not damages caused due to
accident. You can buy this in combination with collision coverage.
* Personal injury protection (PIP)
PIP is also identified
as “no-fault insurance” as it pays for your medical bills up to the coverage
limit even if you are at fault. The coverage is also provided to other family
members who are listed in the policy and also pays for expenses that are not
covered by insurance like lost income, child care, and funeral.
* Auto Medical Payments (MedPay)
MedPay coverage only
pays for medical bills for those who have health coverage even if the party is
at fault.
* Uninsured/underinsured motorist
This kind of coverage
protects you when you are injured or your car suffers damage due to a motorist
who is uninsured or underinsured.
Besides the above
mentioned coverage, there are special types of coverage with which you can
enjoy higher level of protection.
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