If you have made a recent vehicle purchase within Mississippi, the chances are that you are aware that drivers within the state are required to have an auto policy. While this means getting mandatory coverage, optional policies will also be essential to have. Bishop Insurance Brokers Inc. outlines the types of auto insurance available within the state.
Liability insurance is a mandatory policy designed to protect other parties from expenses arising from bodily injury and property damage costs. If you cause an auto accident, liability coverage will help you pay for other motorists’ vehicle damage costs. If they also get injured and require treatment, liability coverage ensures that their medical bills are paid.
Medical payments insurance takes care of your medical costs when you get injured in an accident. It also covers your passenger’s treatment expenses while helping replace lost income in the event of serious injuries.
When an uninsured driver hits you, you will likely pay for your damages out of pocket. Uninsured coverage steps in to pay for your underlying costs, preventing this from happening. Underinsured coverage protects you when you get into an accident with a driver whose policy cannot pay for the full extent of your damages.
Collision insurance covers damage to your car when you get into a collision with another vehicle. In addition to this, it will also help you cover damage arising from other impact accidents, such as when you hit electricity poles.
Comprehensive insurance provides protection when non-impact accidents cause damage to your vehicle. Examples of these are vandalism, theft, fire, or hail emergencies. When any of these occur, comprehensive insurance will help pay for the repair or replacement expenses as needed.
If you need any of the above auto insurance options or advice within Mississippi, make it a point to call Bishop Insurance Brokers Inc. today.
