Auto insurance in Lafayette, IN, typically covers various types of damage. However, it only applies to “covered perils.” These are certain events that your policy will cover. It’s important to understand what’s covered under your policy to ensure you have adequate coverage.
Liability
Liability policies only cover the other person’s personal property damage or bodily injury payments. It will not cover your personal expenses unless an uninsured or underinsured driver hits you, the accident is their fault, and they don’t have enough coverage. There are no other covered perils under this level of coverage. It won’t cover things like theft, natural disaster damage, or vandalism.
Collision
Collision policies typically cover damage resulting from accidents. Some companies include accidents with objects and animals, such as a telephone pole or deer, under collision coverage. Others include it with comprehensive coverage. Speak with an agent at Blevins Insurance Agency to see which type of coverage you need.
Comprehensive
Comprehensive policies cover most things that aren’t accidents with another vehicle. This coverage level includes perils such as damage from natural disasters, theft, vandalism, accidents involving animals, and accidentally hitting property.
Exclusions
Many insurance companies have exclusions in their auto policies. Policies will only cover damage up to the coverage limits, even if your loss is more than the limit. They don’t cover intentional damage. Damaging your vehicle and filing a claim is considered insurance fraud.
It’s essential to note that covered perils may vary depending on the insurance company. Professionals at Blevins Insurance Agency will carefully review your policy with you so you know what’s covered. Contact us. We’re currently serving the Lafayette, IN, area.
