NewBuyer Blog » Auto Insurance

Why You Need Bodily Injury Coverage

Elizabeth Dennis — Mon, 02 May 2011 11:33:19 +0000

If you have liability insurance, you are probably familiar with bodily injury coverage. This coverage allows your insurance to defend you in legal matters in cases such as accidents. You always want to have bodily injury coverage in your car insurance policy.

Many people do not understand what bodily injury coverage actually is. Bodily injury coverage is the part of your insurance plan, which covers you in cases such as getting hurt in an accident, getting sick and needing prolonged care and even in cases where you possibly die in a car accident.

If you are in an accident, bodily injury coverage will ensure you are taken care of in times of need when you are involved in accidents, which are not your fault. No fault accidents happen on a daily basis, you want to make sure you are prepared because you never know what can and will happen.

Bodily injury coverage will pay for costs of surgeries or medical care required because of a car accident. Hospital fees are outrageously high and if you do not have the bodily injury coverage clause in your car insurance coverage, you could be stuck with loads of money to dish out to the hospital for the care you received due to a car accident.

If you need care for a home nurse for a prolonged period, the bodily injury coverage insurance will pay for this. This is also expensive over a period and without bodily injury coverage, you might have to pay for this type of particular care.

If you lose your vehicle due to a car accident, bodily injury coverage will help with making ends meet during this period of your life. If you are killed during an accident, your bodily injury coverage will pay for the expenses entailed with the car accident and sue the other driver for expenses for your family.

Your bodily injury coverage will pay for an accident even if you are at fault but there is a “cap” on how much they will pay. These types of accidents occur often because no one is perfect and bad things do happen to good people.

Every state mandates all car owners to carry minimally liability car insurance. Check with your local DMV (Department of Motor Vehicles) to find out your own states mandated limits. You want to ensure that you are driving legally on the road as well as being covered during accidents, no matter if they are your fault or someone else’s fault. You cannot afford to drive your vehicle without bodily injury coverage insurance.

Contact your insurance sales agent and inquire about bodily injury coverage for your vehicle. If you already have this coverage, feel free to ask your insurance agent what precisely does it cover and not cover? If you do not have this coverage, you will want to add bodily injury coverage to your insurance policy. You simply cannot afford to not have bodily injury coverage for protection of not only your vehicle but for you.

Car Insurance Terms and Definitions

NewBuyer — Wed, 13 Jan 2010 02:54:49 +0000

An easy-to-use, interactive tool that allows you to browse through car insurance terms and definitions alphabetically. Each term is described in detail. The following definition for Bodily Injury Liability Coverage (BI) is an example from the resource: “If an insured person is legally liable for an accident, BI coverage pays for injuries/death to people involved in the accident other than the insured driver. BI also pays for legal defense costs if you are sued. Certain exclusions may apply. Refer to your policy.”

Source: Progressive.com

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Car Insurance Coverage Definitions

NewBuyer — Tue, 12 Jan 2010 03:00:08 +0000

One of our favorite glossaries of car insurance terms. Learn about bodily injury liability, propery damage liability, physical damage coverage, uninsured and underinsured motorist coverage along with other coverage types. Learn not only how much protection each type of coverage provides but also key things to know when selecting each coverage type.

Source: CarInsurance.com

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The Cost of Insurance Ignorance

NewBuyer — Wed, 06 Jan 2010 16:59:08 +0000

A high-level look at managing risks and the costs of insurance. Although the resource encompasses all types of insurance (health, life, auto, home) the information will help you lower your home insurance costs by instructing you to carefully consider your deductible. From the resource: “Homeowners insurance should carry no less than a $1,000 deductible or substantially more if you can afford the first $1,000 to $5,000.”

Source: Forbes.com

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List of Car Insurance Companies

Elizabeth Dennis — Tue, 05 Jan 2010 18:21:52 +0000

An overview of the major auto insurance companies. View company profiles for Farmers Insurance, Allstate, American Insurance Group, Nationwide, Liberty Mutual, Progressive, and Geico.

From the resource about the providers listed: “While there are many other car insurance companies, these are representative of the major players and should be included on any list of car insurance companies.”

Source: Insurance Home

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Smart Shopper’s Guide to Auto Insurance

NewBuyer — Tue, 05 Jan 2010 11:00:59 +0000

A comprehensive look into the components of auto insurance including: liability insurance, no-fault insurance, medical coverage, uninsured driver protection and more.

From the resource: “Here are explanations of the major parts of a typical policy, starting with perhaps the most important component, liability coverage. The goal is to help you find your way through the thick language of an insurance policy.”

Source: Kiplinger.com

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How to Save Money on Car Insurance

NewBuyer — Wed, 30 Dec 2009 15:22:53 +0000

An eye-opening look at five ways to save money on auto insurance. The resource discusses the importance of being aware of all the discounts for which you qualify, maintaining a clean driving record, assuming more risk, driving a safe car and shopping around. Available car insurance discounts are also discussed in detail: low-risk occupations, auto clubs and other organizations, combining auto insurance with home insurance and more.

Source: Edmunds

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How Much Auto Insurance Do You Need?

NewBuyer — Wed, 30 Dec 2009 15:00:02 +0000

One-of-our favorite looks at how to calculate how much of each type of auto insurance coverage you should carry. Coverage types discussed are bodily injury liability, property damage liability, personal injury protection, uninsured motorist protection and collision and comprehensive.

From the resource: “We’ll explain several of the coverages you’re likely to be offered as you shop for insurance (some are mandatory). Then we’ll help you figure out how much to carry of each type.”

Source: SmartMoney

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List of Auto Insurance Companies

NewBuyer — Wed, 30 Dec 2009 05:00:03 +0000

One-of-our favorite lists of auto insurance companies. For each insurer see a home page link, phone number and an “insurance satisfaction rating” calculated by the publisher. The list is alphabetical and grouped for easy navigation.

The resource introduction says: “As we all know phoning around and searching for the details of auto insurance companies can be time consuming and tedious and sometimes miss one or two auto insurance companies which are usually the cheapest ones!!!”

Source: Home Life Weekly

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How to Research Comprehensive Auto Insurance

NewBuyer — Thu, 24 Dec 2009 08:00:17 +0000

A concise, yet helpful list of three steps to follow when buying comprehensive auto insurance, including: confirm the coverage, study the deductibles and ask for additional coverage.

From the resource: “Comprehensive auto insurance guarantees that you have coverage that is well-rounded. If your vehicle is in an accident, the other part of your insurance takes care of it. But what if a tree falls on it, or it’s broken in to? Comprehensive insurance is needed to cover these other things that can happen.”

Source: CarsDirect

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