Car and traffic accidents are more common than you think. Last year alone, the number of road-related accidents in Minnesota increased by up to 6% from the previous year. This makes getting auto insurance in Minnesota very important to help keep your finances safe.
If you don’t know anything about auto insurances, knowing the policy components is a good place to start. Consider what you need before getting into an agreement with an insurance agency in Rochester, Minnesota.
- Bodily Injury Liability
This part should be the most important as it covers the cost if you or a family member driving your car causes injury or death.
- Property Damage Liability
This covers the damage you caused. This can apply to the other car or even damaged properties like buildings or utility poles.
- Medical Payments or Personal Injury Protection
This reimburses you and your passengers’ medical expenses. This also covers lost wages and funeral costs.
This pays for the damages to your car that’s caused by a collision with another car or object. It also covers damages caused by a pothole.
This compensates you in cases of car theft or damages that are not caused by a collision.
- Uninsured and Underinsured Motorist Coverage
This covers for you if you or your family member is hit by someone without auto insurance.