Full Coverage Auto Insurance Quote Mississippi MS
Reader’s Question:
I got an auto insurance quote that gives me full coverage. What does it mean? Aren’t insurance policies supposed to cover for everything?
Mariel
Jackson MS
Mississippi insurance companies give people an auto insurance quote depending on a number of factors. This could be age, gender plus a lot more. What some forget is that the type of coverage is also included in the computation. Coverage is the benefits that a policy gives a holder in the event that something happens like an accident. In the automobile insurance business, coverage is divided into four general types.
Let us first look at the most important coverage you can have and that is liability. One benefit that liability coverage gives you is protection from being sued by people who experienced injuries in an accident which was mainly your fault. Be careful when looking at the benefits. This type of coverage has what is known as split limits. For example, your policy could state that you have $300,000 worth of coverage. What this can means is that $200,000 is the limit for bodily injuries while $100,000 is for property damage. So if you are involved in an accident and the other party would need to spend $250,000 for medical expenses, you have to shell out the remaining $50,000.
But what about medical expenses for the injuries you sustained? Some auto insurance quote also has medical payments coverage. If liability coverage pays for the injuries done to the other party, this type of coverage will pay for the injuries you experienced. This coverage will also protect and pay you regardless of who was at fault.
You can also have coverage that will protect your own car. There are two categories for this coverage. First there is collision coverage, which obviously, covers you against collisions. Other-than-collision or comprehensive coverage will insure your car and cover for losses resulting from theft, fire, vandalism and yes, even animal accidents.
Finally there is coverage against uninsured motorists. This will help you recoup losses if the accident was caused by a party who were either uninsured or you failed to identify.
Hopefully that clears it up for you Mariel. Ask your agent or the company itself what offers are included in the Mississippi auto insurance quote that they gave you.