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Message: <blockquote data-quote="kyloss" data-source="post: 1914579" data-attributes="member: 16549">My 2 cent(creds coppers or what not)Having worked in insurance for about a year and it being realy slow at work I am going to put out a short list of what covers what invery basic terms.1.Full coverage-means you are carrying collision and comprehensive(sometimes known as other than collision 2. Collision- Covers just that-collisions with other objects vehicles or in the case of motorcycles-the ground-ie falling over. Generaly policies are either acv-ACTUAL CASH VALUE-basicaly blue book value but varies by state and carrier, or stated value. Also no that most any comprehensive claim counts as an accident, which can raise your rates.  3. comprehensive- covers things not collision and can varry slightly from carrier to carrier, but generaly covers fire, theft, vandalism, and acts of nature-meaning not only things like hail but also hitting an animal like a deer. Most carriers will raise your rates if you make a claim but not all will consider other carriers claims paid out in your rates but some due. 4. The higher your deductable the lower your payments but depending on the vehicle it may not make a huge difference 5.Rate increases for claims generaly do not hit until your next renewal, and if you have multiple policies it may not hit your others on the next renewal because they dont always run your MVR every year but they will run them. 6. The MAIN Purpose of Auto insurance is Liability coverage-for any active policy you have to carry liability insurance unless it is a storage policy. This Covers where you are at fault in the accident and covers the other persons injuries or property damage. IF no one else is involved the accident is your fault. even if it is bad road conditions etc, from the insurance side of things some one is always at fault. 7. Uninsured and underinsured motorist coverage covers you when your hit by some not carying insurance or not carrying enough insurance, ie less then your underinsured motorist limits. this also covers hit and run, also there is UMPD- uninsured motorist property damage- a claim on this doesnot raise your rates, however comprehesive and collision pay out regardless of fault so this may be a redudant coverage and in some state you can not have both at the same time. Just a warning on this coverage-it is usualy optional to have but mandatory to be offered and if you dont reject it it should be on there. And in some state it can be VERY expensive. 8. You may have noticed something missing-coverage for your injuries-your policy generaly does not cover your injuries except under un and under insured when the other person is at fault and pip and medical payment coverage which generaly dont cover very much. Your injuries generaly fall under your medical insurance when you are at fault. This varies by state and carrier and vehicle but generaly if your at fault yo pay for yourself. 9. Disclaimer -Claims adjuster decide much and things very with every claim. I am not an expert in every state/carrier etc but this has been my experience.</blockquote>

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