Tag: Am I Covered

What is Personal Injury Protection Insurance? Personal injury protection insurance or PIP covers your medical bills if you’re injured in an accident. Personal Injury protection covers you no matter who is at fault. For this reason, it is frequently referred to as no-fault insurance. In some ways, personal injury protection insurance is like health insurance for car accidents. However, it...

What is Uninsured Motorist Insurance Coverage? Uninsured motorist insurance coverage or underinsured motorist coverage are liability coverages. However, rather than provide protection for your liabilities while driving, it protects you if you’re hit by a driver who doesn’t have auto insurance or doesn’t have enough liability coverage for the damages they have caused. In some states,...

What is GAP Insurance and How Does it Work? Gap insurance is another optional coverage you can purchase to get more protection from your auto insurance policy. It’s also commonly referred to as loan/lease payoff coverage. This coverage applies if your car is stolen or deemed a total loss and your loan amount is more than your vehicle’s worth – also known as the gap. Gap...

What is Comprehensive Insurance Coverage? Just like Collision coverage, Comprehensive insurance (sometimes referred to as “Other than Collision”) is an optional coverage you can add to your auto insurance to pay for repairs to your car for very specific types of hazards. Comprehensive insurance covers damage to your car that is caused by events that are out of your control. For...

What is this Collision Coverage on My Policy? When purchasing auto insurance, you’ll have the option to select many other coverages designed to help you repair your own car after an accident. One of these options is Collision coverage. Collision helps pay to repair or replace your car if it’s damaged in an accident with another vehicle or stationary object (eg. a tree, fence, or...

What is Liability Insurance and Do I Really Need It? When you buy auto insurance, you’re actually buying auto liability insurance. In fact, generally speaking, the liability coverage of your policy is the only form of car insurance that is required. For the most part, the other coverages are optional. So, what is liability insurance? Well, auto liability insurance is the coverage that...

How Do Auto Insurance Deductibles Work? For many of us, we only marginally understand our insurance policy deductibles. So, it may be a good time to talk about auto insurance deductibles and how they work. Frankly, it’s a pretty common question, but luckily an easy question to answer. An auto insurance deductible is the portion of a claim you pay “out of pocket.” Or, insurance...

Why Buying Minimum Auto Insurance Limits Can Cost You Big “I saved 15% on my car insurance by switching to minimum auto insurance limits!” Congratulations. You also just volunteered to play Russian roulette with your financial future. Let’s be honest about something: Minimum auto insurance limits aren’t designed to protect you. They’re designed to create the...

Should I Buy Rental Car Insurance? (Yes—You’ll Be Glad You Did) You’ve just survived the airport gauntlet — security lines, delayed flights, cramped seats, and that guy who reclined his seat directly into your kneecaps. You’ve dragged your luggage to the rental counter, and now you’re facing that inevitable question: “Would you like to buy rental car insurance...

Full Coverage Auto Insurance: The Protection Myth That Could Leave You Exposed You’ve probably heard the term tossed around by everyone from your neighbor to your local insurance agent: “full coverage auto insurance.” It sounds reassuring, doesn’t it? Like a warm security blanket that protects your vehicle from any possible harm. There’s just one tiny problem. It...