Most Recent Auto Insurance Questions in Understanding Insurance Coverage

  • Q: What are insurance coverage types related to property (vehicle and others) and property destruction?

    Vehicle insurance coverage exists for a wide array of needs, and for humans and property alike. There are numerous categories and types offering services and policies related to property destruction and the like. By “property”, we mean your vehicle, personal property that may happen to be in the vehicle in case of accidents, natural calamities or theft, other party’s or … (more) May 19, 2010

  • Q: What are some medical / health-related insurance coverage?

    Indeed, there are different types of insurance coverage related to health assistance. There is the First Party Benefits – Medical, which is actually a category that covers more than a few areas of insurance coverage. Should one meet an accident or so, services such as related medical and surgical treatment, essential dental, psychiatric, psychological, rehabilitative services (physical therapy, etc.), and … (more) May 16, 2010

  • Q: What is Personal Injury Protection Coverage?

    Personal Injury Protection (PIP) Coverage provides for the medical and even funeral expenses of the insured driver, his or her passengers, and pedestrians that may have been harmed by the driver. PIP essentially covers any possible expenses that may arise from harming or being harmed by another driver, or even pedestrians, as mentioned. Also covered are the policyholder’s relatives … (more) May 13, 2010

  • Q: What is Liability Coverage?

    Liability coverage is specifically for bodily injury, such as when an insured driver is responsible for inflicting bodily harm, injuries, and even death of a third party. Take note that liability coverage does not cover harm that may come on you or your own passenger, given that you are the driver responsible for the harm. Liability coverage is only responsible … (more) May 9, 2010

  • Q: What is the difference between GAP Coverage and Total Loss Coverage?

    GAP or Loan / Lease Pay-off Coverage, as the term implies, does have something to do with car loans and leases. It offers protection to drivers or vehicle owners whose loaned or leased cars obtain costs of damages that exceed the actual monetary value of the vehicle. In other words, if the leased car is damaged beyond possible repair, the … (more) May 6, 2010

  • Q: What are the available types of physical damage insurance coverage?

    To start with, there is the Liability Coverage, which covers bodily injury inflicted on a third party, as well as property damages, both of which the insured driver is responsible for. This is coverage is basic and is required in the most number of states in the US. One may choose to avail of Liability Coverage under the Combined Single … (more) April 15, 2010

  • Q: What are the pros and cons of Full Insurance Coverage?

    Full Insurance Coverage will ensure you of covering the insured vehicle, the driver/ owner, third parties which include passengers and the other driver’s vehicle. The damages previously mentioned are covered by the Collision Coverage, a type of Full Coverage. Meanwhile, natural disasters damages to the vehicle (e.g. fire and floods), damages done by people (e.g. vandalism, theft) and damages inflicted … (more) April 12, 2010

  • Q: What are the essential facts about insurance coverage that every driver must know?

    In order to be able to decide which car insurance policy to avail of, there are several things each driver / vehicle owner must now. First, one must have an understanding of the various types of insurance coverage. The basic types of coverage are. There is the Liability Coverage which offers protection in scenarios when bodily injury is caused … (more) April 11, 2010

  • Q: What do we mean by full insurance coverage?

    The term “full insurance” coverage is misleading, because truth be told, no such thing as full insurance, in its complete sense, exists. It is simply another term for “physical damage” coverage. However, when compared to the benefits (and definitely the price) of this type of coverage, it may seem more complete, or more “full” than other types. Physical Damage coverage … (more) April 9, 2010

  • Q: Why am I being ticketed for having a trailer? Is this Legal? Is this included in my insurance?

    First and foremost, you did not mention your current state. This is important because the law regarding trailers differs from state to state. What is considered to be illegal when it comes to trailers in Florida may not be under Mississippi law. But basically, it is not usually the trailer itself that gives the problem but the fact that you … (more) March 9, 2010

  • Q: What is Insurance excess?

    In most car insurance companies, a client will often come across words and jargon he or she does not understand. One of these words is excess. What does this mean? Is it something I have to know? What is its use? First and foremost, an excess is a determined amount that is initially paid by the insured driver to the … (more) March 2, 2010

  • Q: Why am I being ticketed for having a trailer? Is this Legal? Is this included in my insurance?

    First and foremost, you did not mention your current state. This is important because the law regarding trailers differs from state to state. What is considered to be illegal when it comes to trailers in Florida may not be under Mississippi law. But basically, it is not usually the trailer itself that gives the problem but the fact that you … (more) February 26, 2010

  • Q: Are There Different Types of Personal Injury Protection Coverage or PIP Coverage?

    For some states, like the state of New Jersey, when a motorist is applying for Personal Injury Protection Coverage, the motorist should specify what kind of car insurance coverage or PIP coverage he wants to include in his/her car insurance policy. Motorists should specify what coverage they want because in some states car insurance companies are to provide an array … (more) February 19, 2010

  • Q: What are the Things that Car Insurance Companies Consider When Determining a Car Insurance Premium?

    A car insurance premium, which is the actual amount of money charged by a car insurance company to a  car insurance policy holder (policy holder is a motorist who has a car insurance policy), can be expensive or cheap. This depends on factors that a car insurance company takes into consideration. And these factors that car insurance companies that take … (more) February 18, 2010

  • Q: What is car insurance theft coverage?

    Car theft can really affect you especially your car insurance premiums. It is estimated that at least 1 million cars are stolen every year in America and every 27 seconds a car is stolen.  Car theft and vandalism can affect insurance rates of drivers especially those drivers located in certain locations that cannot secure regular car insurance policy because of … (more) February 17, 2010

  • Q: What is the uninsured and underinsured motorist coverage?

    There are still drivers who do not posses car insurance or even underinsured. With the uninsured and underinsured motorist coverage, you can still receive payments for accidents caused by these drivers. The uninsured motorist bodily injury or UM will cover you, other family members and your passengers that are insured if you will meet an accident, damages or … (more) February 16, 2010

  • Q: What coverages are optional and what are required?

    There are a bunch of different car insurance coverages that different car insurance companies offer to their customers and car insurance policy holders. Some of these car insurance coverages are required by the law in different states. Those should be included in a car insurance policy, and also some which are optional, not mandated by the law but are still … (more) February 15, 2010

  • Q: What are Situations that Gap Coverage Insures?

    If you as a motorist have gap car insurance coverage or gap coverage, you should know what the qualifying situations are where in your gap coverage can be applied or not. But before discussing those situations, let us first know what gap car insurance coverage or gap coverage is. Gap coverage is an optional coverage that can be added in … (more) February 3, 2010

  • Q: What Car Insurance Coverages are required in New York?

    Because of the fact that in every state in United States there are different set of car insurance coverage and minimum amount of coverage required, as a motorist it is best that you should know what coverages your state requires. And for motorists in New York, here are the coverages and minimum set by law. The first car insurance coverage … (more) February 2, 2010

  • Q: What is a Gap Insurance Coverage?

    Before knowing what a Gap Car Insurance Coverage or in short Gap Coverage is, it is best to know what car insurance coverages are. Car insurance coverages are the things that determine on what kind of protection the insurance company will provide to its policy holders. Car insurance coverages can provide insurance protection for a policy holder in various situations. … (more) February 1, 2010