Auto Liability Insurance Information
In Virginia, before you are able to renew or purchase license plates or registration, you must show proof that your vehicle is covered by a policy that meets the minimum insurance requirements. Otherwise, you will be required to pay an uninsured motor vehicle fee. For Virginia drivers, the minimum insurance that must be carried are certain amounts and types of auto liability coverage.
If you live in or around Lynchburg, Virginia and need auto liability insurance, we’re here to help. Give the team at Cothran Insurance a call today to learn more about this type of coverage and find a policy that not only meets the state’s requirements, but offers you ample protection.
What Is Auto Liability Insurance?
Liability coverage pays for your legal responsibility to others for bodily injury or property damage. Most states, including Virginia, require car owners to purchase a minimum of bodily injury and property damage liability insurance. Here are some key forms of auto liability coverage:
Bodily injury liability coverage (BI)—This policy helps cover injuries that you, the designated driver or policyholder may cause to someone else. It does not cover the cost of damage to your vehicle, or expenses related to injuries sustained by you or other people on your policy.
Property damage liability coverage (PD)—This portion of a liability policy can provide protection if you or someone driving the car with your permission damages someone else's property. It also provides legal defense if another party files a lawsuit against you.
Uninsured and underinsured motorist coverage (UM or UIM)—This coverage will help reimburse you if you are hit by an uninsured or hit-and-run driver, or when an at-fault driver has insufficient insurance to pay for your total losses.
Medical payments (MP) or personal injury protection coverage (PIP)—This no-fault coverage helps cover medical expenses if you or your passengers are injured in an accident.
How Does Auto Liability Insurance Work?
Suppose that you rear-end someone at a stoplight. The other car was not moving when the accident occurred, which may mean that you will be liable for the accident. At this time, the other driver will be able to file a claim against your liability policy for their losses, which might include both vehicle damage and injuries sustained. From there, your policy can help cover the resulting expenses, protecting you from significant financial loss.
Get Liability Coverage
Let Cothran Insurance help you get the auto liability insurance coverage that meets your needs. Call us at 434-239-2886 today to learn more and get started.