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Auto Insurance Definitions
Minimum bodily injury and property damage coverage is required by the Department of Vehicles. Without the states minimum coverage you are subject to state fines and suspension of your driving privileges. However, without the right amount of coverage your could be jeopardizing your savings or assets if you are held responsible for an accident.
- Bodily Injury Liability - Pays for medical expenses, loss of income, legal defense, and other expenses caused from an accident while you are operating your vehicle.
- Property Damage Liability - Pays for the damage to another person's property caused from an accident while you are operating your vehicle.
- Uninsured/Underinsured Motorist - Reimburses you and your passengers medical expenses, loss of income, and other expenses caused by an uninsured motorist.
- Medical Payments - Pays for you and your passenger's medical expenses.
- Comprehensive - Reimburses for damage to you vehicle resulting from incidents other than collision. For example, comprehensive insurance covers damage to your car if it is stolen, damaged by flood, or fire.
- Collision - Reimburses for damage to your vehicle resulting from incidents involving collision.
- Emergency Roadside Service - Pays the cost of towing and roadside assistance.
- Car Rental Reimbursement - Pays the rental car expense while your car is being serviced or repaired
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