Bodily injury liability insurance is one of the most common forms of liability insurance required for drivers today. Most states require this type of coverage. It provides for financial protection for other individuals when they suffer injuries as a result of your actions or inaction.
It is important to know what bodily injury insurance covers as well as why it is so valuable to you. It should be a part of your auto insurance coverage.
What Does Bodily Injury Insurance Cover?
When an accident occurs, bodily injury insurance helps pay for the losses a third party experiences. It generally helps pay for their medical expenses as well as their lost income.
Bodily injury insurance extends just to the level of what the injuries cause. For example, if someone already had medical concerns, the coverage only pays for medical costs related to the accident.
It is also important to know that this type of car insurance often covers your legal fees. For example, if you are in an accident and the injured party decides to sue you, the policy helps to cover your legal fees as associated with the case. You may need to go to court. You may need to settle your claim. You may need an attorney. All of this may be a part of your coverage.
Here's a breakdown of what coverage you can expect from this component of your auto insurance:
- Medical Expense Coverage: Most any type of medical care an individual needs as a result of an accident fits here. This includes emergency room visits, hospital stays, surgeries, short-term and long-term rehabilitation, and medical tests.
- Lost Income Coverage: The policy covers the loss of income an individual suffers from as a result of an accident. If the individual missed work for a period of time, that applies. But it also applies long term. If the individual cannot perform the work they usually due to the injuries, the policy can cover some of those losses, too. This applies to those situations where a person cannot return to work as well.
Keep in mind that state-mandated liability coverage requirements are often very low. Most people should extend this auto insurance to provide more coverage. This can help ensure you have enough protection available to cover all of the losses you could face from an accident like this. Discuss your needs with a Lancette Agency agent today.