If you have a car accident in Massachusetts, what your car insurance covers depends on a number of factors. The first factor is whether or not you were determined to be at fault. The second is what your insurance policy includes. Another consideration is what your deductible is. And finally, the insurance company will need to know who was driving. If this is not your car or insurance policy, you may not be covered.
According to CNN, the majority of U.S. states require drivers to carry bodily injury liability as part of their insurance plan. In this instance, the auto insurance company covers the cost of rehabilitation, medical treatment, or in the worst-case scenario, funeral arrangements. Lawyers’ fees and settlements related to pain and suffering may also be covered by the company. However, your deductible decides how much money you need to pay upfront before the insurance kicks in.
Auto insurance may also cover property damage. Most states set their limits at around $15,000. However, you may purchase more than this. Note that the insurance company typically pays up to the limit. After that, you may have to cover the rest of the expenses out of pocket. Property covered under this cost may include someone else’s car or a building.
Collision insurance helps to ensure your car is repaired. However, if the cost of the repair is more than the value of the car, the insurance company may refuse to pay for repairs. Depending on your policy, while your car is being repaired, your auto insurance may even pay for the cost of renting a new car. If the car is totaled, comprehensive insurance may cover the cost of replacing it.
Auto insurance companies allow customers to tweak their insurance plans in a number of ways. As a result, it is difficult to pinpoint exactly what your specific insurance policy will cover. You will need to take a look at your policy and have a chat with your insurance company about what you are paying for and how it may help you in the event of an accident.
This article shares information about what car insurance may pay for. It should not be interpreted as legal advice.