Accident Attorney / Personal Injury Lawyer in Northridge, California. ALCA has handled 1,000s of personal injury cases successfully. FREE CONSULTATION 818-718-2522.
WHAT TYPE OF COVERAGE DO YOU HAVE?
We at the Accident Lawyer of California, P.C., see this every single day.
When we talk with a potential client, we ask them during their free over the phone interview or when they come in for a free in person consultation about their own personal car insurance coverage. This matters because many times if the at fault party does not have insurance or adequate coverage, the client must use their own insurance.
Therefore, it is best to know what your coverage entails.
Many times when I ask a potential client, what coverage they have, they answer me with, "I have full coverage." Well that is nice and all, but to many that means different things.
To an attorney, "full coverage" means the works, however, as I have come to notice, client's do not have that same understanding. To an attorney, "full coverage" means, there are no holes in your insurance policy and it covers you for any and everything.
Well, to a potential client, "full coverage" definitely has a different meaning. For some and for most from what I have experienced, it means just have liability insurance to protect ones self if you personally cause the accident. For others, it means you have the bare minimum to allow a person to drive a vehicle in the state of California.
So let me explain to you what full coverage should mean.
Full coverage means:
1. You have liability insurance, even if it is the bare minimum, $15,000.00 per person, $30,000.00 per accident, $5,000.00 property damage. Just a point of clarification for those who do not know what liability insurance means, it means, if you caused they accident you are liable and your insurance will pay for the damages caused up to the limits you have paid for to be covered.
2. You have comprehensive collision coverage. This means, that your own insurance will repair your vehicle, no matter who is at fault, you or the other party. Comprehensive means complete or including all. Usually, there is a deductible you will have to pay unless you have paid for a deductible waiver as part of you policy.
3. You have Underinsured/Uninsured Motorist coverage. Underinsured means that if other party does not have a policy that makes you whole for your loses, your own insurance will come into play and be used as an extra on top of the other insurance's policy, if the maximum has been offered from the at fault insurance carrier. Uninsured means that if the at fault party does not have insurance, then your own insurance Uninsured policy will act as the 3rd party insurance policy which becomes accessible to make the injured party whole.
4. You have Uninsured Motorist Property Damage Coverage. This means that if the at fault party does not have insurance, your insurance company will access its this policy to cover any property damage loses due to the lack of coverage from the at fault party.
5. You have Medical Payment Coverage. This means that your own automobile insurance has a set aside dollar amount that is accessible for medical expenses. "Medpay" as it is called is accessible by the client when they have sustained an injury as a result of the accident, prior to the claim being settled with the 3rd party or accessible if you are an at fault party, however, you have still suffered an injury as a result of the accident.
6. You have Gap Insurance. This means that you are covered for the full value of your vehicle/purchase price, once you drive off the lot and the value is immediately diminished because now the car is considered used. For example, saw you bought a brand new car for $40,000.00, you drive it off the lot and a few miles down the road you get into a car accident which totals your car. The appraiser comes out and inspects your, and says the car is worth $37,000.00. Well I am sure you may chuckle and tell them, no it is worth $40,000.00, I just bought this car. Well, without gap insurance, you personally would be on the hook for that $3,000.00 difference. Lucky for you, you made sure to get gap insurance as part of your "full coverage."
Accident Lawyer of California, P.C. would advise that everyone takes a closer look at their insurance coverage, goes over them with their insurance agent, or come in to visit Accident Lawyer of California, P.C. for a free consultation to help explain your insurance coverage.
It is fairly simple, get a copy of your declaration page and ask yourself if it appears to cover the areas that have been explained above and that you thought you were covered for.
Please feel free to contact Accident Lawyer of California, P.C. in Northridge, California for any questions regarding your car insurance or car accidents.
- Accident Lawyer of California, P.C.
*Please be advised that this is not legal advice and that it is best to seek professional help to answer any questions or issues you may have.