The main reason you need to have an automobile insurance is that it will protect you from personal liability in case an accident occurs. If you are involved in an accident and you are found guilty, it will be your liability to bear the cost of medical bills. You will also have to pay a huge sum of money as monetary award if someone gets killed. It also saves expenses for repairs and replacement. In addition, if you hit a vehicle you need to pay for the car’s repair or replacement and will also be held liable for any property damage that you may cause.
As far as the legal aspects are concerned, your vehicle may be confiscated by the authorities if you do not have car coverage. Furthermore, it is also illegal for the police to allow you to drive when they come to know you do not have car coverage. Considering all these factors, having Idaho Auto Insurance is mandatory.
Choosing a car insurance
There are many different kinds of car coverage that you can avail and you have the freedom to choose the kind of coverage according to your requirements and preference. Some of you may prefer less coverage and be careful about avoiding accidents instead. Others may prefer coverage against any risk even if they need to pay high premium. However, at first you need to know the liability coverage of Idaho Auto Insurance that is required in your state. The following is a comprehensive guide about various kinds of car coverage based on which you can inquire about the policies and rates.
* Liability coverage
In most states, it is a legal requirement to drive a car and every state sets a minimum amount of coverage that is mandatory. In case, you cause an accident it includes bodily injury liability and property damage liability of the other party. However, it will not pay for your own repair and medical bills.
* Collision coverage
It helps to pay for repair and replacement should your car collide with another vehicle or a tree or house. It is not mandatory in most states, however, if you have a loan or lease the lender typically needs collision coverage.
* Comprehensive coverage
It provides extra coverage for damage due to unexpected incidents like theft, a tree falling on top of it, fire, strong wind, flood, hail, vandalism but not damages caused due to accident. You can buy this in combination with collision coverage.
* Personal injury protection (PIP)
PIP is also identified as “no-fault insurance” as it pays for your medical bills up to the coverage limit even if you are at fault. The coverage is also provided to other family members who are listed in the policy and also pays for expenses that are not covered by insurance like lost income, child care, and funeral.
* Auto Medical Payments (MedPay)
MedPay coverage only pays for medical bills for those who have health coverage even if the party is at fault.
* Uninsured/underinsured motorist
This kind of coverage protects you when you are injured or your car suffers damage due to a motorist who is uninsured or underinsured.
Besides the above mentioned coverage, there are special types of coverage with which you can enjoy higher level of protection.
Resource: https://medium.com/@rileyevellyn/idaho-auto-insurance-guides-what-type-of-car-insurance-should-i-buy-46ec596a14b3
