Understanding Your Car Insurance

There are over 250 million registered cars in the United States. Of those cars, an average of 4 million are involved in an accident that results in property and bodily damage. Not only will car insurance help reduce the costs in the case of an accident, but it will also help reduce your liability.

At the Law Office of Christine M. Smith, R.N., M.S.N., we often see issues arise when an individual thinks they are completely covered by their policy, but actually have poor coverage. This can end up costing them more in the long run.

When deciding on a car insurance policy, most people automatically get the most affordable option but fully understanding your car insurance and what it covers is important.

Your Insurance Policy

When reading through your car insurance policy, you will notice it is divided into sections. Each section details the coverage, rights, and obligations of the policy and any exclusions. Some of the sections that will be outlined may include liability, medical payments, uninsured/under-insured motorists, and damage.

Declarations Page

There will be a declarations page in your policy, which identifies your policy number and all of the vital information you need regarding your policy, such as the policy term and coverage limits. It will also give a description of your vehicle(s) that is under the insurance policy.

What is Covered?

Car insurance is grouped into two primary groups: liability and property damage.

Liability – This section is broken down into three parts: liability insurance for bodily injury; liability insurance for property damage; and uninsured/under-insured motorists’ coverage. Injury liability protects against the claims of people that are injured when you are at fault. Property damage liability insurance pays for damage to the property of others.

Comprehensive – This section includes collision and comprehensive coverage. Collision insurance pays for your car’s damage, while comprehensive insurance pays for damage to your car due to other causes, such as fires, severe weather, and vandalism.

Medical Payments

Medical payments are purchased by you to help with the medical bills of anyone injured in your car regardless of who is at fault.

I would be happy to discuss what the appropriate coverage for you and your family should be.

If you’ve been in a car accident and were injured, Nurse Attorney Christine M. Smith, R.N., M.S.N. is here to support you. Contact us today at (603) 647-7200 to get started.

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