source:
Missouri Department of Insurance The following definitions are intended as a basic reference and may not
apply directly to your specific policy. Please consult your agent
with any specific policy questions.
· Bodily
injury liability insurance, which protects you and your
family financially if you are sued by someone injured in an accident in
which you were involved. It will pay legal and court costs and damages
awarded up to the limits written into the policy.
· Property damage liability insurance,
which covers your legal responsibility for damages to the property of
others caused by collision with your car. In an accident, the
"property of others" is usually another car, but it also
covers damage to public and private property such as road signs,
bridges, or buildings, up to the limits written into the policy.
· Uninsured motorists insurance,
which covers your bodily injuries and those of your passengers if you
are hit by an uninsured motorist or hit-and-run driver who is
responsible for the accident. It does not cover damages to your car.
· Medical payment insurance pays
for your medical costs up to the limit stated in the policy. It covers
you or your family whether you are a rider or a pedestrian struck by a
motor vehicle. Some policies also cover you when you are in someone
else's car. Passengers in your car also are covered. Medical payment
insurance usually covers funeral expenses in connection with an
automobile accident. However, some policies pay only the amount not
covered by other collectible health or accident insurance.
· Comprehensive insurance pays for
damages to your car from risks such as fire, theft, explosion,
windstorm, hail, vandalism, glass breakage, birds and animals. Risks
covered are listed in your policy under the insuring agreements
section. The deductible is the amount of any loss you must pay
before the insurance company will cover damages.
· Collision insurance covers damage
caused by the collision of your car, regardless of who is responsible.
This type of insurance usually includes a deductible. Again, you pay the
deductible amount when you have an accident, and the insurance company
pays the rest, within the limits of the policy.
· Uninsured motorist insurance
covers your bodily injuries and those of your passengers if you are hit
by a car whose driver is at fault and does not have enough insurance to
cover the expenses of the injuries, or if you are injured by a hit and
run driver.
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