blue letter driver s license louisville ky

BLUE LETTER DRIVER S LICENSE LOUISVILLE KY DRIVERS

Nothing happens when you choose not to purchase car insurance and still drive your car. What happens if I choose not to purchase car insurance and still drive my car?

BLUE LETTER DRIVER S LICENSE LOUISVILLE KY DRIVERS

What are Car Financial Responsibility Laws?Įach state has Car Financial Responsibility laws which state what the drivers in an accident are liable to pay in the event of an accident. Personal injury protection, or PIP, is only required in certain states (like Michigan) and it covers the medical expenses for the insured driver in the accident, no matter who is at fault. What is personal injury protection, or PIP? Medical payments insurance is insurance that will help cover any medical costs that are the result of a car related accident. By thinking with these splits, you can get customized coverage. For example, you might have a split of 40/20/10, which means that 40 percent of your liability costs are covered, 20 percent of medical expenses can be covered, and 10 percent of physical damage is covered. Split limits are the way the insurance company breaks down your insurance policy. Court costs and legal expenses can also be covered by this policy. This insurance can also cover lost wages, pain and suffering, as well as medical expenses. Liability insurance pays for accidental bodily harm and property damages to others in the accident. PIP is Personal Injury Protection, which is a policy that pays for the medical expenses of the insured driver during an accident, no matter who is at fault. ‘No fault’ is the term used to describe the states that require PIP policies. At the very least, insurance will cover liability, which means the policy will pay for accidental (not intentional) damage or bodily harm your car caused someone else. The insurance policy may contain parts that cover liability, medical expenses, loss or damage, PIP, etc. What are the components of auto insurance?Īuto insurance is simply a policy in which you pay money in order to have certain protection in the event of an accident or theft of your car. The law requires car insurance in other states, so yes, yes you do have to have it. While Wisconsin, New Hampshire, and Florida don’t have a law saying you HAVE to have insurance, you still want to have it in place in order to keep you from broke after an accident.

The biggest question on your mind right now is whether you even need to deal with car insurance. How convenient for you!ĭoes everyone have to have auto insurance?

But as with anything this complicated, you probably have a lot of questions – well, we have a lot of answers. But the car insurance policy you choose and use depends on what you need and what your state requires you carry.Ĭar insurance is one of those things you just can’t avoid, even if you try to. Car insurance will help protect you and your car from financial and legal troubles.

Blue letter driver s license louisville ky