Auto Insurance Policy

Auto Insurance Policy The most important feature in a personal auto policy is protection against third party liability claims. You hit somebody else and cost you there bodily injury or property damage. That individual has a right to recover damages form you as a result of human negligence. You could think of it as a legal insurance policy. If you ever gets sued for causing an accident, it is your insurance company that pays my hourly rates, not you. There is a second feature to a personal auto policy and that is physical damage car version. People will have, say $20,000.00 in coverage. With $20,000.00 is not a lot of money anymore for property damage to a car. Cars are with $40,000.00, $50,000.00, $60,000.00, so immediately people have great problems because they do not have the coverage that they need. Uninsured motorist coverage is the most important coverage that you can buy. This part of the policy allows you to purchase a limit of liability to protect you and the occupants of your vehicle against injury and damage caused by who does not carry insurance. You have to understand, there are great many people riding around you who do not have any insurance coverage at all. If you do not know how the system works, you are not going to do as well.