Unsure of exactly what all of those numbers and coverage’s mean on your Auto Insurance policy?
Here’s a quick list and explanation of the basics:
BI/Bodily Injury Liability:
Covers bodily injuries that are caused by you/your vehicle to others
Covers the damage that you/your vehicle causes to other parties vehicle or property
UMBI/Uninsured motorist Bodily Injury:
Covers you and those in your vehicle if injured by an uninsured or under-insured motorist
UMPD/Uninsured Motorist Property Damage: (this coverage is when you do NOT have physical damage coverage)
Covers the damage done to your vehicle by an uninsured or under-insured motorist (only covers up to $3500 in damage)
CDW/Collision Deductible Waiver: (this coverage is when you DO have physical damage coverage)
Waives your deductible when damage was caused by an uninsured or under-insured motorist
Covers yourself and those in your vehicle when the accident is AT FAULT.
Amount that insured is responsible for if the vehicle is vandalized, stolen, etc (anything other than collision)
Amount that insured is responsible for if the vehicle is involved in a collision
Author: Colbie McRae
In February of 2015, I started insureCAL Insurance Agency from scratch. Now in our 2nd year, we will have 5 licensed agents and an awesome partnership with a number of great insurance carriers. insureCAL’s main focus is the agriculture industry, it’s what all of us grew up knowing and loving.