Types of Auto Insurance Coverages
Understanding your car insurance policy can be confusing and time consuming. Let Liberty Mutual help you cut through the jargon and explain the different types of auto insurance available to you.
Bodily Injury Liability
Bodily injury liability covers you in the event that you cause an accident in which another person (or people) is injured.
Bodily injury liability covers you in the event that you cause an accident in which another person (or people) is injured.
Property Damage Liability
Coverage in case your car damages someone else's property - usually this means someone else's car, but it could be a fence, light post or other piece of property.
Coverage in case your car damages someone else's property - usually this means someone else's car, but it could be a fence, light post or other piece of property.
Medical Payments
Medical Payments covers certain medical expenses if any vehicle occupants are injured in an accident.
Medical Payments covers certain medical expenses if any vehicle occupants are injured in an accident.
Collision Coverage
Collision coverage is an optional coverage that covers damage to your car caused by impact with another car or object.
Collision coverage is an optional coverage that covers damage to your car caused by impact with another car or object.
Comprehensive Coverage
Comprehensive car insurance coverage is also an optional coverage that covers damages to your car caused by something other than a collision - like theft, fire, etc.
Comprehensive car insurance coverage is also an optional coverage that covers damages to your car caused by something other than a collision - like theft, fire, etc.
Better Car Replacement
With this optional coverage, if your car is totaled we'll give you the money to replace it with a car that is one model year newer and has 15,000 fewer miles on it.*
With this optional coverage, if your car is totaled we'll give you the money to replace it with a car that is one model year newer and has 15,000 fewer miles on it.*
Understanding Bodily Injury Coverage
- What is Bodily Injury Liability?
Bodily injury liability provides coverage in case you cause an accident in which another person (or people) is hurt. It covers the damages that you're legally responsible for, and provides a legal defense if someone sues you for damages.Bodily injury coverage is mandatory in most states, and most states have a minimum limit, so be sure to check your state insurance information.What does Bodily Injury Liability cover?
Bodily Injury liability limits are typically shown like this: $50,000/$100,000.This is meant to represent the highest amount per person and per accident that your insurance company would pay if you had to use this insurance.So for example, if your limit was $100,000/$300,000 and you caused an accident that injured other people, your insurance would pay for up to $100,000 of one person's medical bills and up to $300,000 for more than one person.How much coverage do I need?
When choosing your Bodily Injury liability limits, you should consider all of your assets, including your home and future earnings. Why? Because if you don't have enough coverage to protect all of your assets, those assets could be at risk if you're liable for damages that exceed your coverage limit. Understanding Property Damage Coverage
- What is Property Damage Liability?
Property Damage covers you if your car damages someone else's property. Usually this means damage to someone else's car, but it could be any property. If you were to accidentally hit someone's fence, or run into a light post, this coverage would pay to replace it or repair the damage for which you are legally responsible.What does Property Damage Liability cover?
If you have a property damage limit of $50,000, that means that if you cause damage to someone else's car (or other property) in an accident, Liberty Mutual would provide up to $50,000 to repair or replace it. If the damage were to exceed your limits, you would be responsible for those costs.How much coverage do I need?
When choosing your Property Damage liability limits, you should consider all of your assets, including your home and future earnings. Why? Because if you don't have enough coverage to protect all of your assets, those assets could be at risk if you're liable for damages that exceed your coverage limit. Understanding Medical Payments Coverage
- What is Medical Payments coverage?
If you were ever in an accident in which you got hurt and had to be taken to the hospital, Medical Payments coverage would be the part of your policy that would pay for the cost of the ambulance ride and certain other medical expenses regardless of who was at fault for the accident. Medical Payments also covers passengers in your car. Family members living with you at the time of the accident also have coverage as pedestrians or when riding in other cars.What does Medical Payments cover?
If you were involved in an accident and had to be taken to the hospital, where you then spent two nights recovering and those costs added up at $2,500, but you only had $1,000 of Medical Payments coverage, you would be responsible for the remaining costs.How much coverage do I need?
Medical Payments coverage is not intended as a substitute to health insurance. Coverage limits are typically low and are meant only to help you cover your immediate medical expenses. Understanding Collision Coverage
- What is Collision Coverage?Collision coverage covers damage to your car in a variety of situations. If you hit another car - the damage to your car would be covered by this part of your policy. For example, if you hydroplane on a wet road and hit a tree, damaging your front bumper, Collision coverage would take care of the repair costs - less your deductible.Collision is an optional coverage and to include it on your policy, you must also purchase Comprehensive coverage. If you lease or finance your car, your bank may requireWhat should my collision deductible be?
Collision coverage.When choosing a collision deductible, or if you want to purchase collision coverage at all, it's important to think about the age of your car and how much you think repairs might cost you.A collision deductible is the amount of money you would be comfortable paying out of pocket if a collision ever caused damage to your car. So if you hit a concrete barrier while trying to park and you had a $500 deductible, you would pay $500 out of pocket for the repairs and Liberty Mutual would handle the rest of the repair costs. Understanding Comprehensive Coverage
- What is Comprehensive Coverage?Comprehensive coverage covers losses resulting from incidents other than collision. For example, you are covered if your auto is stolen or damaged by flood, fire or vandalism. Ever had a tree limb fall on your car during a storm? Or had someone break into your car? That's what this coverage is for.If you own or lease your car, your bank may require you to carry Comprehensive Coverage.What should my comprehensive deductible be?When choosing a comprehensive deductible, or if you want to purchase comprehensive coverage at all, it's important to think about the age of your car and how much you think repairs might cost you.A comprehensive deductible is the amount of money you would be comfortable paying out of pocket if you ever suffered this kind of loss. So if your car was stolen and you had a deductible of $500, you would pay $500 out of pocket and Liberty Mutual would handle the rest
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