- Bodily injury liability*
- Helps pay for others’ injuries, medical bills, lost wages and other related expenses following a car accident. It can also help with your legal fees if you are sued after an accident.
- Property damage liability**
- Helps pay for repairs to the other driver’s vehicle — not your own — if you are responsible for an accident. Typically covers damage to road signs, fences, utility poles and other surrounding property, as well.
- Uninsured/underinsured motorist coverage (UM/UIM)
- Helps pay for you and your passengers’ injuries, medical expenses and lost wages if the at-fault driver doesn’t have enough (or any) bodily injury liability coverage.
- Personal injury protection (PIP)
- Helps pay for you and your passengers’ injuries, medical expenses and lost wages, no matter who is at fault for the accident. Required in no-fault states.
- Medical payment coverage (MedPay)
- Helps pay for you and your passenger’s injuries and medical expenses after an accident, regardless of fault. Only mandatory in Maine.
Add A Comment
About Us
Our finance blog is your go-to resource for expert financial advice, covering everything from personal budgeting and saving strategies to smart investing and market analysis. Stay updated with the latest trends, tips, and insights to help you make informed decisions and achieve financial success.
Popular Post
© 2025 Budgetsmart.ai – All rights reserved.