Collision Coverage is subject to a deductible. Comprehensive Coverage is subject to a deductible and typically covers losses such as the following:Ĭollision Coverage is an optional coverage that pays for damage to your insured vehicle caused by a vehicle rollover or when colliding with another vehicle or object, other than an animal. There are no deductibles or copays, so this coverage can pay from the first dollar of covered expenses incurred.Ĭomprehensive Coverage is an optional coverage that pays for damage to your insured vehicle caused by something other than a collision. Medical Payments Coverage pays for reasonable and necessary medical care for the driver and passengers of the insured vehicle as a result of a covered claim, regardless of fault. These limits are typically the same as your liability limits. In general, it provides what you may have received from the other person’s insurance company, if that person had insurance. Uninsured/Underinsured Motorist Coverages help pay for damages caused by a driver who does not have any coverage or does not have enough coverage. This is where Uninsured/Underinsured Motorist Coverages can help protect your assets.

If your coverage limits are insufficient, you may have to pay out of pocket or have judgements attached to your future earnings.Ī Personal Liability Umbrella policy may be necessary to cover large liability losses.Īutomobile Liability Coverage is required in North Carolina however, some drivers fail to carry insurance, or the coverage they carry may not be sufficient. It only takes one significant liability event to impact your financial stability. When selecting automobile liability limits, consider the rising cost of medical and emergency services and the potential loss of income or wages for which you may be responsible. Bodily Injury Liability Coverage may cover medical expenses, pain and suffering, and lost wages of the injured party while Property Damage Liability Coverage may cover the damage to property and loss of its use. Physical Damage Coverage pays to repair or replace your vehicle should it suffer damage from various situations.Īutomobile Liability Coverage pays bodily injury and property damage claims for others for which you are responsible and may pay your defense and court costs if sued. Liability pays for repairs, medical costs for injuries of others and other expenses like legal fees, if you are found at-fault in an accident. An auto insurance policy primarily consists of two parts: Liability and Physical Damage Coverage.

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