Q What do all the different parts of my car insurance policy mean?
Car insurance is something that every driver needs. But the typical driver doesn't fully understand the details of his insurance coverage, and has never taken the time to read the entire policy.
Usually, the fine points of car insurance coverage don’t really matter to consumers…until the day they get into an auto accident.
We believe that every driver should have a good basic understanding of his or her insurance coverage. First of all, certain parts of your auto insurance policy are required by the state, because state governments regulate insurance matters. Those provisions will vary across the nation, so don’t be surprised if your brother-in-law in California has some provisions in his auto coverage that differ from yours. Here's what you should know about your Connecticut car insurance:
- Bodily Injury Liability. This part of your car insurance protects your passengers, the driver of the other vehicle, and that driver's passengers if you cause an accident. In Connecticut, you must carry insurance for at least $20,000 per person and $40,000 per accident. It is more common, however, for a driver to carry at least $100,000 per person and $300,000 per accident.
- Property Damage Liability. This is the same idea as bodily injury, except it covers the other car and any property damage you may have caused. Connecticut only requires that you carry $10,000 per accident, but most people carry at least $50,000 worth.
- Uninsured Motorist Liability. This covers you in the event you're in an accident caused by someone who does not have insurance, or by a hit-and-run driver. Your own insurance will cover medical bills and funeral costs for you and your family members. You are required to carry at least $20,000 in Connecticut, but $100,000 is more common.
- Collision and Comprehensive. These forms of vehicle insurance are not required in Connecticut, but they are certainly helpful to have. Collision covers the full cost of repairs or replacement of your car after an accident, while comprehensive covers you if your car gets damaged or destroyed due to things like natural disaster or theft.
Depending on the any other special forms of coverage you have chosen, there may be other provisions in your car insurance policy, but these are the major categories you'll need to worry about. Of course, your insurance agent will always welcome your questions about the terms and benefits of your policy.
We’re concerned, too. If you have been in a Hartford or New Haven auto accident, contact the Groton office of the Bartinik Law Firm, P.C., at 860-445-8521 for a free consultation about how you can recoup money for your losses.