Personal Finance: Auto Insurance--Who Am I?

What are we talking about here?

Car Insurance Types

PERSONAL INJURY PROTECTION

Doesn't matter who was at fault, if you're in a car accident and need your injuries paid for, I'm there for you. Simple as that. However, anything beyond your injuries and I can't help you.

COMPREHENSIVE COVERAGE

I'm the best friend of new and/or expensive cars, since repairing even small damage can be incredibly costly. Did I mention that the damage doesn't even have to be from an accident with another driver? Nope! If you hit an animal, or your car is stolen, or a tree falls on it, I've still got you covered! (But read my fine print because there are a few cases I won't cover).

LIABILITY COVERAGE

I'm the one you call when you cause damage to other people and vehicles. I protect others... against you in case an accident is your fault (which protects you... in your wallet). But I won't pay for any damage to your car or body.

COLLISION COVERAGE

If your car was damaged in an accident, I've got your back. It doesn't matter who was at fault while driving. However, if the damage came from something besides a crash, I won't be around to help you.

UNINSURED/UNDERINSURED COVERAGE

You are hit in an accident by another driver. At the hospital, you discover the other driver driver doesn't have insurance to cover your medical bills. That's when I kick in!