Most states require car insurance by law. You may be held liable for losses caused by a car accident if you are at fault and have auto liability coverage included in your policy. These losses include the other party’s medical bills and damage to their vehicle. If you are pulled into court because of the accident, Parkwood Insurance will also help you pay your legal bills.
Car Insurance May Be Required
The minimum amounts of auto liability coverage required by each state vary. Insurance companies have a limit on the amount they will pay for covered claims. In some cases, you may want to go beyond what your state requires.
If you cause a crash that hurts another driver and their medical bills exceed your coverage limits, you may have to pay out of pocket. Some states require additional coverages on your car insurance service in Frisco, including auto insurance and personal injury protection.
Financial Protection Is Provided by Car Insurance
In the event of a car accident, you may be liable for the costs involved. These costs can include legal fees, medical expenses, and lost wages if the injured person is unable to work. Liability coverage may cover these expenses through a car insurance service in Frisco. You will have to pay these costs out of your own pocket if you don’t have liability insurance.
Car Insurance Can Assist You in Protecting Yourself
Many people drive without liability insurance even though it is required by law. If you are hit by a driver who isn’t insured, uninsured motorist coverage could help cover the cost of your medical bills.