all drivers are required by law to carry liability insurance.
Uninsured Motorist (UM)/Underinsured Motorist (UIM) Insurance
used for hit and runs or if the other person does not have insurance.
Personal Injury Protection (PIP):
insurance used to pay for all your medical treatment
No Fault Benefits (PIP)
insurance used to pay for medical treatments in New York.
Medical Payments Coverage or MedPay:
medpay is optional insurance that can be added to an auto policy.
NY liability coverage
NJ liability coverage
-NJ state automobile insurance
-NY state automobile insurance
written by police office at scene of accident
pays for damage to any listed vehicle in the policy in a collision.
pay for the cost of towing your vehicle up to the limit specified in your policy.
pays for the cost of renting a car while your vehicle is being repaired.
pays if vehicle is a “total loss and you still owe the bank -note.
-pays the difference between value before damage and amount you owe.
additional liability coverage if:
-other liability insurance is not enough to protect their assets.
Total loss -your own policy
cost to repair is more than the actual cash value of the car
Total loss – other person’s policy
vehicle is not repairable
value before collision-value after collision
storage, towing, lost property in the car
summons and complaint
filing a suit in a court house after the accident
period in a suit where medical records are submitted to insurance
accident victim testified about the accident and medical treatment
Independent medical exam (IME)
accident victim is examined by the other driver’s insurance doctor
negotiate to settle with the other driver’s insurance company