Stockton Personal Injury Lawyer Explains Choosing the Right Auto Insurance Policy
Determining which auto insurance policy to get can get overwhelmingly stressful. The question of how much auto insurance you need can be answered by what kinds of insurances are out there. Obviously, it’s best to have a policy that protects everything you’d need if disaster strikes. It’s always best to speak with a Stockton personal injury lawyer about any questions you may have regarding auto insurance. Your auto insurance is actually a collection of different policies. They all cover you in different ways, and here’s how they break down:
- Liability coverage – These types of policies help to cover liability and expenses when you’re at fault in an auto accident. The money will go to the people you hit, but it won’t cover the people in your car, which would make you responsible for your damages.
- Bodily Injury Liability (BIL) – This type of policy covers a payout for the medical expenses of people injured in a crash in which you’re at fault. Note, that this is the amount paid by your insurance to the other party, not any personal injury cases.
- Property Damage Liability – This policy helps pay for damages to the other car, and is usually added to the BIL policy above.
The policies above make sure that the other car is taken care of in an accident, but it takes two cars to have an accident, and you want to make sure that you and yours are safe when traveling as well. Remember, everyone has a responsibility to drive safe and having good insurance is a good practice. Speak with a Stockton personal injury lawyer for more information regarding specific details that pertain to you. The policies below outline what kind of coverage you can have for yourself.
- Personal Injury Protection (PIP) – This covers you and your passengers’ medical expenses after an accident. If you lose time at work because of your injuries, this policy may also cover lost wages. This is outside a separate structured personal injury case.
- Uninsured/Underinsured Motorist Coverage – This helps cover costs if you are hit by someone without insurance, or minimal coverage. Beware, though, following an accident, insurance companies may claim that their driver was uninsured in order to evade paying, especially if your coverage has such a stipulation.
- Collision – This policy covers the repairs after you’re in an accident. If your car is totaled, you are typically entitled to the retail market value of your make and model car. These are policies to go over with your specific insurance, however, because they can vary.
- Comprehensive – This policy covers costs if your car is stolen or damaged outside of an accident.
California requires car owners to carry auto insurance, and most states have required minimum values for different policies. If you don’t carry insurance, the state can impound your vehicle. There are many factors that go into determining your type of coverage such as age, previous driving records and other information so make sure to speak with a Stockton personal injury lawyer regarding your case.
Minimum coverage isn’t necessarily all you should have, because it is oftentimes not enough. You’re on the hook when costs exceed your coverage limits, which means they’ll be paid out of pocket. Getting a policy that seems like more than you need is smart, because accidents are just as they sound: accidental, and unexpected.
Speak Now With a Stockton Personal Injury Lawyer For Help Choosing the Right Insurance Policy
You don’t want to wait till after you’ve been involved in an accident to speak with a lawyer about the right insurance policy as it might be too late. The moment you contact us, you can expect excellent service. Give us a call at (209) 943-0000 to speak with a Stockton personal injury lawyer.