Bodily injury liability provides coverage in case you cause an accident in which another person (or people) is hurt. It covers the damages that you’re legally responsible for, and provides a legal defense if someone sues you for damages.
Property Damage covers you if your car damages someone else’s property. Usually this means damage to someone else’s car, but it could be any property. If you were to accidentally hit someone’s fence, or run into a light post, this coverage would pay to replace it or repair the damage for which you are legally responsible.
PIP Coverage benefits pay for appropriate and reasonable treatment and expenses necessarily incurred because of an auto accident resulting from the operation or use of a motor vehicle. Basic personal injury protection coverage is mandatory. The law requires a Personal Injury Protection limit of at least $10,000 coverage. PIP benefits are paid regardless of who was at fault in the auto accident. Basic PIP benefits have an aggregate limit of $10,000 per person, per accident.
Your deductible is the portion of any claim payment that you agree to pay for out of pocket. If you file a claim and the insurance company determines that it is a covered loss and intends to pay for the loss, they will take the deductible amount or deductible percentage in your policy and deduct it from the claim payment. For example, if you have a $500 deductible amount and your insurance company has determined that you have an insured loss worth $5,000 you would receive a claim check for $4,500. If you have a deductible percentage, then the company would calculate the deductible amount using this percentage figure and deduct the calculated deductible amount.
Generally, Homeowner insurance covers damage from incidents such as fire, theft, and vandalism to your house, other structures like a garage or shed, and your personal belongings. It covers living expenses if your house becomes temporarily unusable, and liability in case you or a member of your household injures someone or damages their property.
Since the replacement cost of your house can be affected by inflation, costs of labor and building materials, and any renovations you may make to your home, you should always review your coverage periodically with your agent.
Independent agents located throughout your state are ready to provide you a quote for a GNIC policy. These agents are in your communities and neighborhoods and understand what your insurance needs are. Review our list of Independent Agents to get the protection you need and the service you deserve.