Medical Benefits — This pays medical bills for
you and others covered on your policy regardless of fault. The
minimum limit is $5,000 of coverage. Higher limits are available.
Bodily Injury Liability — If you injure someone
in a car accident, this coverage pays their medical and
rehabilitation expenses and any damages for which you are found
liable. You must buy coverage of at least $15,000/$30,000. The
$15,000 pays for injuries to one person while the $30,000 represents
the total available for one accident.
Property Damage Liability — If you damage
someone's property in an accident and you are at fault, this
coverage pays for it. You must buy at least $5,000 of coverage. Some
companies offer a single limit of $35,000 which meets the bodily
injury liability and property damage liability minimum requirements.
Limited Tort — Offers savings on your premiums.
You are still able to recover all out-of-pocket medical and other
expenses, however you are not able to recover non-monetary damages
or receive payments for pain and suffering unless injuries are
defined as serious.
Full Tort — With this selection you retain
unrestricted rights to bring suit against the negligent party.
Uninsured Motorist (UM) — This covers bodily
injury for you or your family if you are hit by an at-fault
uninsured motorist.
Underinsured Motorist (UIM) — This covers bodily
injury losses for you or your passengers if you are hit by an
at-fault motorist who does not have enough insurance to cover your
claim.
Stacking of UM or UIM — This coverage allows you
to multiply the amount of uninsured or underinsured motorist
coverage by the number of vehicles on your policy. It costs extra to
stack uninsured or underinsured motorist coverage.
Funeral Benefit — Pays up to $2,500 if you or a
family member dies as a result of an auto accident.
Income Loss — Pays your wages when injuries
sustained in an auto accident keep you from working.
Collision — This benefit pays to repair damage
to your car as a result of an accident. Most banks or lenders
require you to buy this coverage to receive a car loan. Under
Pennsylvania law, the company applies a $500 deductible unless you
request a lower amount. The higher your deductible, the lower your
premium.
Comprehensive — Generally, this pays for theft
or damage to your car from hazards including fire, flood, vandalism
or striking an animal. Most banks or lenders require you to buy this
coverage to receive a car loan. There are various levels of
deductible to purchase.
Extraordinary Medical Benefits — This coverage
pays when medical and rehabilitation expenses exceed $100,000. It
provides a maximum of $1 million of coverage.
