Paul Sanchez
If you're looking for auto insurance, Nationwide can help you find the right coverage for your needs and budget. With a range of customizable policies, you can choose the options that suit your lifestyle and driving habits. Whether you're concerned about accidents, vandalism, weather damage, or animal collisions, Nationwide has you covered. They also offer special auto coverages, such as Accident Forgiveness® and Vanishing Deductible®, as well as discounts for bundling policies and safe driving. Learn more about what Nationwide auto insurance can do for you.
| Characteristics | Values |
|---|---|
| Accidents involving | Other vehicles, vandalism, weather, animals |
| Bodily injuries | Medical bills, loss of income |
| Property damage | Another person's vehicle or property |
| Personal injury protection | Medical costs, lost wages |
| Uninsured drivers | Hit-and-run accidents |
| Underinsured drivers | |
| Medical payments | Medical costs for you and your passengers |
| Collision coverage | Damage to your vehicle if you hit another vehicle or object |
| Comprehensive coverage | Vandalism, theft, weather events, accidents involving animals |
| Towing and labour coverage | When your car is stuck, broken down or inoperable due to an accident |
| Rental car coverage | Access to a rental car while your car is in the repair shop |
| Gap insurance | Pays the difference between the actual cash value and what you owe on the lease or loan |
What You'll Learn
Bodily injury liability
In the unfortunate event of an accident, bodily injury liability insurance can provide valuable financial assistance. It covers the medical expenses incurred by the other party if you are found to be at fault. This coverage can make a significant difference in helping the injured person recover from their injuries without facing financial hardship. Additionally, it demonstrates your commitment to taking responsibility for any harm caused by your actions on the road.
The importance of adequate bodily injury liability insurance coverage cannot be overstated. While no one plans to be in an accident, it is essential to be prepared for the unexpected. By selecting higher coverage limits, you can ensure that you have sufficient financial protection if you are ever involved in a serious accident. This type of insurance is not just about fulfilling legal requirements; it's about demonstrating responsibility and caring for the well-being of others.
In conclusion, bodily injury liability insurance is a vital aspect of auto insurance. By understanding its role and selecting appropriate coverage limits, you can drive with the peace of mind that you are protected financially and legally. Remember, being a responsible driver involves more than just following traffic rules; it also means having the right insurance coverage to protect yourself and others in the event of an accident.
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Property damage liability
Most states require a minimum amount of property damage liability coverage, and it is mandatory in Washington state. Buying more than your state's requirements offers more financial protection. While liability-only car insurance is the cheapest option, it may not be enough to cover all property damage in the event of an accident. The average cost of damage from a crash involving only property damage is $5,700 per vehicle, but this can be much higher in a major crash or when expensive vehicles are involved.
In addition to property damage liability, Nationwide car insurance can also cover accidents involving other vehicles, vandalism, weather, animals, bodily injuries, and more. Their policies are customizable, allowing you to choose the coverages that suit your lifestyle.
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Personal injury protection
PIP insurance can also cover:
- Service replacement for someone injured in a covered car accident
- Rehabilitation costs
- Lost wages
- Funeral costs
- Childcare or other services that you may be unable to perform due to injuries from a covered accident
PIP coverage is different from medical payments coverage (med pay). While med pay covers the medical costs for you and your passengers in the event of a covered auto accident, regardless of who is at fault, it does not cover other expenses such as lost wages, rehabilitation services, or funeral costs.
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Underinsured and uninsured motorist coverage
Uninsured Motorist Coverage
Uninsured motorist coverage comes into effect when you are in an accident caused by a driver without insurance. This coverage is essential as it protects you and your passengers by covering medical expenses, lost income, and other damages. Uninsured motorist coverage is divided into two components:
- Uninsured Motorist Property Damage (UMPD): This covers damages to your car or other property.
- Uninsured Motorist Bodily Injury (UMBI): This covers medical expenses, lost wages, and other damages experienced by you or your passengers.
Underinsured Motorist Coverage
Underinsured motorist coverage is equally important as it protects you from drivers who carry only the minimum liability coverage. In the event that the other driver's insurance policy limits are not sufficient to cover the damages, this coverage steps in to pay the remaining costs. Similar to uninsured motorist coverage, underinsured motorist coverage also includes property damage and bodily injury components.
Nationwide's underinsured and uninsured motorist coverage provides valuable protection, giving you peace of mind and financial security in the event of an accident involving an underinsured or uninsured driver.
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Collision and comprehensive coverage
Comprehensive and collision insurance are both optional, but they are typically required for a car loan or lease. While neither is required by state law, they are both important for protecting your vehicle from physical damage. Collision coverage can pay for repairs or a full replacement of your vehicle, regardless of who is at fault. Comprehensive coverage can help you pay for repairs or replacement in the event of theft, vandalism, or damage caused by weather events or animals.
The cost of comprehensive and collision coverage may vary depending on the insurer, your location, the value of your vehicle, and other factors. You can usually choose your deductible, which is the amount you pay out of pocket before insurance coverage kicks in. The higher your deductible, the lower your insurance premiums will be. It's worth noting that some insurers may require you to purchase comprehensive and collision coverage together.
When deciding whether to opt for collision and comprehensive coverage, consider the value of your car, how often and where you drive, and your current savings. If your car is worth a lot, repairing or replacing it will be more expensive. If you drive frequently, especially in high-traffic areas or hazardous locations, your risk of an accident is higher. Additionally, if you don't have enough savings to cover the cost of repairs or replacement, purchasing this coverage is highly recommended.
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Frequently asked questions
Some car insurance policies will cover hail damage. Comprehensive policies cover auto damage that doesn’t result from a collision or accident, including hail, floods, theft and vandalism.
Several types of insurance might apply to a hit-and-run accident, including collision insurance, uninsured and underinsured motorist coverage, and liability insurance.
Typically, an auto policy covers the car and its designated drivers. A designated driver is someone who is driving with the policyholder’s permission.
In general, a personal auto insurance policy does extend to rental cars with the same limits of liability. That said, it's important to check with your insurance agent before renting a car to find out what coverage you have and where it applies.
