Top 10 Lists

1. Claim.

This is a request that if you have a loss of any kind, you can claim the payment of the loss to the insurance company as in the insurance policy.

2. Bodily injury liability.

This type of insurance pays the expenses of any medical injury you give to someone else, in an accident.

3. Comprehensive coverage.

Other than the car accident, like fire, theft, earthquake or flood, it covers the damage to the car. It is one of  three main coverage’s in the auto insurance policy.

4. Deductible.

This is an amount, which is decided by the owner, which he pays before the insurance corporation pays for the damage. For imagine if the car is damaged and it costs $5000 and the owner decided the amount of $800, the owner first pays the amount and then the insurance corporation.

5. Full coverage.

If you have the minimum coverage’s, you get the full insurance coverage’s. If not, you can be charged even when you have some auto insurance.

6. Exclusions.

These are the situations that are not covered by the insurance policy. Like if the policy owner is involved in a criminal act and the incident happened than the insurance policies may not pay for the damages.

7. Declaration page.

On this page you will get all the description of your coverage’s ad limits on those coverage’s. This page is worthwhile for comparing the present policy with other policies.

8. Accident forgiveness.

Some companies offer this policy, for higher policy charge, the company will agree not to raise the price of the policy after one accident.

9. Bodily injury liability.

This is that the insurance policy will  cover all the expenses of the injury which is your fault.

10. Income loss coverage.

This is a part which offers payments to the insured if a covered accident forces the policy owner to miss work.