Having auto insurance coverage frees you from having to worry about the costs you will incur when involved in an accident. When this happens, you will often find yourself arguing with the other driver as to who was really at-fault. This is a natural reaction after all who would want to pay for the damages of another driver when you cannot pay for your own expenses already.
The truth of the matter is that it is really impossible to determine if you or the other driver is at-fault for the accident. In these instances, you will not know whether your insurance provider or the other party’s insurer will be covering for the expenses that will be incurred in the accident. This is the reason for determining who is at-fault in the accident – to decide which insurance company will pay for repairs and other expenses.
Insurance companies will only cover a certain percentage of the insurance claim when you get involved in a car accident. If you are deemed at fault and your policy does not cover expenses that will be incurred during at-fault accidents, you will be forced to pay the amount out of your pocket and it could be expensive on your part. However, it will depend on the state where the accident happens if it is no-fault or tort state. Nevertheless, you need to look for insurance cover that will protect you and the other driver when you were deemed at faulty.
In this article, we will look at different kinds of insurance that will help defray the cost for repairs and other expenses if you were deemed at fault in an accident. You can also seek out your local Greenfield, WI car insurance lawyer for more information.
Almost all states in the United States require you to have a certain amount of liability coverage. This will allow you to defray cost for repairs and medical expenses associated with the accident where you were deemed at fault. However, liability coverage is not enough since it may cause you to pay the expenses with money from your own pocket. Aside from that, it only covers the other driver.
Aside from liability coverage, you may also want to consider collision insurance to maximize your coverage during an at-fault accident. This type of policy will cover for repairs and car replacement of your car even if you were at-fault. Collision coverage includes a deductible, an amount you must pay in order to activate your insurance coverage.
With medical insurance, it does not matter whether you or the other driver are in a no-fault state. The policy will cover your medical costs and that of other drivers. It will pay for hospital stays, doctor visit, physical therapy and even funeral expenses. If you have health insurance already, medical coverage is optional although it can help pay your health insurance deductible.
Personal Injury Protection (PIP)
Personal injury protection is required by no-fault states. It will help you defray your medical expenses when you are in these states.