Car Insurance Coverage Basics – What You Need to Know About Your Policy
Auto insurance is difficult enough to understand, but when you throw in the fact that New York has a no-fault insurance system, things can become very confusing. Most of the time, people don’t give a whole lot of thought about their auto insurance coverage after it is purchased, until they are involved in a Staten Island car accident or sustain damage to their vehicle.
A car insurance policy is supposed to cover your loss when your vehicle is damaged or someone is injured in a car accident. There are different types of coverage included in an insurance policy, which are as follows:
1. Collision – this coverage protects you if there is physical damage to your vehicle from a New York auto accident if you were at fault.
2. Property damage liability – this coverage insures you when you cause a car accident that results in physical damage to other people’s vehicles.
3. Comprehensive – this coverage provides protection against theft or physical damage to your own vehicle from an event other than a car accident.
4. Bodily injury – in New York, you are required to carry this coverage. It will pay for other people’s injuries that resulted from a crash in which you were at fault.
5. Uninsured motorist – if you are in a car accident caused by an uninsured motorist, you can make a claim if you have this type of coverage.
6. Personal injury protection – this coverage, which is also known as PIP, covers your reasonable and necessary medical expenses and lost wages, regardless of who was at fault in a car accident.
For more information regarding New York auto insurance, request our free book, A Lawyer’s Guide to Purchasing Car Insurance. If you have been injured in a car accident in Staten Island, New York City, Brooklyn or other area in New York, contact The Law Offices of Frank J. Dito, Jr., at 718-701-2776 or 800-310-5520.