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WHAT DOES LIABILITY INSURANCE
COVER?
Liability covers Bodily Injury
and Property Damage of the other
driver. If you are in an
accident and it is your fault,
Liability coverage will only pay
the other parties damages up to
your policy limits. If you only
have Liability coverage and the
accident is your fault, your
insurance company will NOT pay
for damages to your car.
Please see Collision coverage
for information on how to cover
damage to your automobile.
In the State of Virginia the
Minimum Liability Coverage is:
Bodily Injury:
25,000-50,000 ($25,000
per person/ $50,000 total per
accident)
Property
Damage: 20,000.
In the State of Maryland the
Minimum Liability Coverage is:
Bodily Injury:
20,000-40,000 ($20,000
per person/ $40,000 total per
accident)
Property
Damage: 15,000.
It
is always recommended to carry
more coverage than the state
minimum requirements.
Please speak to your agent to
determine the right amount of
coverage for you and your
family.
WHAT IS COVERED BY UNINSURANCED
MOTORIST?
Uninsured motorist is included
in basic Liability coverage.
UMBI covers the bodily injuries
of you and your passengers and
UMPD covers the property damage
of your automobile if you are
hit by a person that is not
insured.
WHAT IS COVERED BY UNDERINSURED
MOTORIST?
Similar to Uninsured Motorist,
Underinsured Motorist
will cover your bodily injuries
and property damage if the
actual expenses of the accident
exceed the Liability limits of
coverage of the person that hit
you. Your Underinsured Motorist
coverage will only be used after
the other insurance has
exhausted their coverage.
WHAT ARE DEDUCTIBLES?
The deductible is the portion of
a covered loss that is your
responsibility. The deductible,
when applicable, applies to each
covered loss. Typically
deductibles are available in the
following amounts: $100, $250,
$500, or $1000.
For
example, if you had a $250
deductible, you would need to
pay the first $250 of the
covered loss.
Generally
speaking, higher deductibles
lower your premium, but increase
the amount you must pay out of
your own pocket if a loss
occurs. Ask yourself how much
you are able to pay at the time
of a loss, in order to save on
your monthly premium?
In
addition, if you have an auto
loan or lease, check with your
Bank to determine if there are
loan requirements on your
deductible. Typically, the
maximum deductible is $500 when
you carry a car loan.
WHAT IS COLLISION COVERAGE?
Collision covers your automobile
in the event of an accident
caused by you or someone driving
your car (with your
permission). Accidents are
defined as an impact with
another vehicle or object (such
as a tree or light post). Your
insurance company will inspect
the car for damages and
determine if the car can be
repaired or if it is a total
loss.
WHAT IS COMPREHENSIVE COVERAGE?
Comprehensive covers your
automobile for things other than
collision. Common coverage's'
include: theft, fire, vandalism
and glass breakage (i.e. broken
windshield not caused by an
accident).
WHAT IS COVERED UNDER
TRANSPORTATION EXPENSE?
Transportation expense provides
you with coverage for a
rental car in the event that
you are unable to drive your car
do to an accident or theft.
This is typically an additional
coverage item that you need to
request on your policy. There
are policy maximums for rental
reimbursement. Please ask
your agent for specific coverage
information.
WHAT IS COVERED UNDER MEDICAL
PAYMENTS OR PIP?
Medical payments, no-fault or
personal injury protection
coverage
usually pays for the medical
expenses of the injured driver
and passengers in your car.
There may also be coverage if
you are injured by a vehicle as
a pedestrian. This is
typically an additional coverage
item that you need to request on
your policy.
Please ask your agent for
specific coverage information.
Please note-
in the State of Maryland, $2,500
in PIP coverage is required
unless you sign a waiver to
exclude this on your policy.
WHAT IS AN SR22?
If
you are found by the Police or
DMV to be driving in the
Commonwealth of Virginia without
insurance, you may be issued a
ticket, fine and/or suspension
of your driver and registration
privileges. You may have to pay
a $500 statutory fee, a $45
reinstatement fee and filing of
proof of insurance for THREE (3)
years. Please contact your
local Department of Motor
Vehicles for information
regarding your state's
requirements.
VA
DMV-
www.dmv.state.va.us
When you
register or renew a vehicle
registration, you must sign an
insurance certification. Your
signature acknowledges that the
minimum vehicle liability
insurance will be maintained
throughout the registration
period and the vehicle will not
be driven without insurance.
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It can only be issued by an
insurance company licensed
to do business in Maryland
or an authorized agent of
such a company.
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It's only valid for 30 days.
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It's free of charge from
your insurance company or
authorized agent and should
be mailed or brought to an
MVA full-service office
along with the request form
from the MVA.
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It can be faxed to the MVA
by your insurance company or
authorized agent.
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Photocopies are not
accepted.
MD MVA-
www.marylandmva.com
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