| Automobile insurance standard coverage is the basic | | | | as a minimum coverage amount. |
| amount of insurance coverage that is required by law | | | | If you are in a financial crunch and need a way to |
| in order for an individual to legally operate a | | | | save money on your insurance policy try to avoid |
| motorized vehicle. You can simply it even further with | | | | retaining only the minimum amount of coverage |
| the blanket statement as being the mandatory | | | | required by your state. Instead try raising your |
| amount of auto insurance coverage a driver must | | | | deductible amount (the amount you pay first in the |
| possess. | | | | event of an accident before your insurance company |
| The most important part of anyone's car insurance | | | | kicks in with its payment). You will find that by raising |
| policy is the liability coverage. This coverage protects | | | | the amount $500 or $750 will significantly lower the |
| the consumer against the cost of damages and injury | | | | monthly costs of your automobile insurance standard |
| that is a direct result of that same consumer if they | | | | coverage. |
| are the cause of a vehicular accident. For instance if | | | | Two other policies that exist include the medical |
| you're driving down the road and accidentally run into | | | | payments insurance which provides for the |
| another person's car this insurance coverage will pay | | | | immediate treatment of injuries sustained during an |
| for the damages that result due to the accident. | | | | auto accident. Anyone riding in your vehicle to include |
| The liability coverage is further broken down into two | | | | yourself is covered, regardless of who is at fault for |
| subsections. The first is bodily injury liability. This | | | | the accident. The second policy is commonly known |
| covers and personal injury inflicted by yourself upon | | | | as PIP or personal injury protection, is similar to |
| others during a car accident. The second subsection | | | | medical payments coverage, but usually provides |
| is property damage liability. As you may have | | | | broader coverage. Many PIP policies provide |
| guessed this is your insurance protection against any | | | | compensation for lost wages, funeral expenses, and |
| damage you cause to another individuals property, | | | | pain and suffering. Again you will need to check with |
| usually their car. | | | | your state insurance laws for further clarification if |
| Although coverage amounts can vary it is generally | | | | you are required to have this additional coverage. |
| suggested that a good baseline of automobile | | | | Finally as a safety measure against law breaking |
| insurance standard coverage should be 100/300/100. | | | | individuals who illegally drive without insurance there is |
| This can be read as $100,000 worth of bodily injury | | | | uninsured motorist insurance when the other driver |
| caused to another person, $300,000 towards bodily | | | | has no liability coverage and underinsured motorist |
| injuries for everyone involved and $100,000 for | | | | coverage which pays for the cost of your injuries |
| property damage. With rising medical costs and | | | | that exceed the other driver's coverage maximum. |
| outrageous car prices this would be the absolute | | | | As before with the PIP coverage you will need to |
| minimum insurance protection I would personally carry | | | | make sure whether or not your particular state |
| in my automobile insurance standard coverage. | | | | requires these forms of coverage as part of their |
| However, each state is different and you will need to | | | | automobile insurance standard coverage. |
| check to see what their car insurance laws constitute | | | | |