Collision insurance is a voluntary coverage that helps pay the cost of repairing or replacing your vehicle after being damaged in an accident, whether you are at fault or not. Collision is generally defined as “colliding with an object,” whether it is another vehicle or a stationary object like a tree or mailbox.
Gap insurance, also called auto loan or lease assistance coverage, is an optional auto insurance coverage that helps pay the difference (or the “gap”) between the amount of money you owe on your vehicle and the total cost to replace it with a new vehicle.
Medical payments coverage (often referred to as MedPay) aids in covering medical expenses for injuries sustained in a vehicular accident. This is a no fault coverage, meaning you have coverage no matter who at the fault party is. It typically covers you, your family members and your passengers.
“Other Than Collision” (often referred to as “Comprehensive”) auto insurance covers damage to your car caused by external events outside of your control. Examples include theft, hail, floods or vandalism
Underinsured Motorist coverage can help protect you financially if you’re involved in an auto accident caused by a driver who has auto insurance but whose limits aren’t enough to cover all of your bills after an accident.
Uninsured Motorist coverage can help protect you financially if you’re involved in an auto accident caused by an uninsured driver. If the at fault driver does not have car insurance, you’ll still have coverage under your policy.