Some Auto Insurance Information: North Dakota
Have you ever wondered what coverage's you really need in your car insurance and what all those technical terms exactly mean, and how much you should play? Low Cost. Cheap. Affordable? Here is a short, general overview guide that might help you to determine what coverage's to choose and to understand your car insurance policy better.
Auto insurance coverage's you need to have
Liability
This is the one coverage you need to have by law no matter which state you live in. It covers the cost of damage and injury to others due to an accident caused by you.
To accomplish this, liability combines two policies, bodily injury liability and property damage liability.
Medical Payments Coverage
This coverage is intended mainly to cover medical expenses for people other than you in your vehicle that suffer bodily injury in a covered accident. Insurance companies encourage the prompt use of such coverage to ensure that the injured person is cared for as soon as possible preventing them from wanting to sue the driver at fault. Depending on the policy, there may be compensation for lost wages also.
Underinsured and Uninsured Motorist Insurance
Though most often put together, these are two distinct policies. They are necessary for those incidents where the driver does not have any insurance or his or her insurance covers only part of the expenses. Uninsured motorist insurance covers your expenses when the other driver has no liability coverage.
Underinsured motorist insurance covers the part of your medical expenses that is not covered by the other driver's coverage (due to a maximum coverage that is too low).
Most states do not require either of those policies, but some require one or the other and yet others even require you to have both.
Auto insurance coverage's you might want to have
Personal Injury Protection Coverage (PIP)
PIP covers such things as lost wages, childcare expenses, pain and suffering and funeral expenses due to injury or death in a car accident. These are usually not covered by medical payments coverage (see above).
PIP is required in most "no-fault" states as well as in Maryland, Delaware and Oregon. (None of these states use a pure no-fault system, which would mean that every driver is covered by their own insurance and nobody could ever be sued for damages. Instead, lawsuits are permitted in certain cases).
Collision Coverage
This coverage pays for repairs or replacement on your car after an accident for which you were at fault. Depending on your policy, you might be required to pay a deductible.
This coverage is not required by law in any state but is recommended for newer cars and may be required if there is a lien on the car.
Comprehensive Coverage
If your car is damaged due to collision with an animal, fire or theft by an unknown party or damage is caused by what is generally referred to as an "act of God", repairs will be paid for if you have this kind of coverage. Depending on your policy, a deductible may apply.
Just as collision coverage, comprehensive coverage is not mandatory in any state but may be required if a lien is on the car and recommended for newer vehicles. Start with a free auto insurance quote today.
| North Dakota news briefs |
| Work will continue on the following construction projects currently under way in the city of Minot, according to a press release from the city's Public Works Department. |
| Powerball drawing to move to Florida |
| Powerball drawings will move to Florida next year after 20 years in Iowa. Lottery officials say that moving the twice-weekly drawing is part of a deal to bring Florida into the multistate game. |
| Newest Medal Winner Honored |
| He was a platoon leader in Korea when his heroic actions saved the lives of many of his men. |
| One Year Later for Memorial |
| The Medal of Honor Memorial was dedicated at Minot's Roosevelt Park one year ago today. |
| Counties seek to raise cap on oil impact money |
| Legislators say they want to raise caps on the amount of state aid to oil -producing counties, to help the counties keep up roads and bridges. |
| Cirrus prototype jet makes successful test flight |
| Cirrus Design Corporation's plans for a new jet have taken a big step forward with a successful test flight of a prototype. |
| Keeble plaque being added to memorial |
| A plaque for Medal of Honor winner Woodrow Wilson Keeble is being dedicated at the North Dakota Medal of Honor Memorial during Fourth of July festivities in Minot's Roosevelt Park. |
| The "We Can't Afford To Cut Taxes" Claim In North Dakota Is A False Dilemma |
| Jul 4 2008 12:00AM http://sayanythingblog.com/index.php So says the North Dakota chapter of Americans for Prosperity: Bismarck, N.D. - Lt. |
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