Car accidents can happen to anyone, anytime, and anywhere. Even the most cautious drivers can get involved in an accident due to the negligence of others. In such cases, car insurance is your savior. But do you know what type of car insurance policy you should opt for? There are two types of car insurance that you need to be aware of – bodily injury and personal injury. Let’s take a closer look at what each of these terms means, and which one is right for you.
What is Bodily Injury Car Insurance?
Bodily injury car insurance is a type of insurance that covers the medical expenses of the other party involved in the accident if you are at fault. This insurance covers the cost of medical bills, lost wages, and other expenses related to the injury. The coverage is usually limited to a specific amount per person, and a total amount per accident.
If you are found responsible for the accident, your bodily injury insurance will take care of the other party’s medical expenses, up to the policy limit. This insurance will not cover your own medical expenses or damage to your car.
What is Personal Injury Car Insurance?
Personal injury car insurance is a type of insurance that covers your own medical expenses and lost wages if you are involved in a car accident, regardless of who is at fault. This insurance also covers the medical expenses of your passengers who are injured in the accident. This type of insurance is also known as no-fault insurance.
If you are involved in a car accident, your personal injury car insurance will cover your medical expenses and lost wages up to the policy limit, regardless of who is at fault. This insurance will not cover the medical expenses of the other party involved in the accident or damage to their car.
Which One is Right For You?
Choosing the right car insurance policy can be confusing, especially if you are not familiar with the terms. The type of car insurance policy you should opt for depends on your individual requirements and the state you live in. Some states require drivers to have personal injury car insurance, while others require bodily injury car insurance.
If you live in a state where personal injury car insurance is mandatory, you should opt for that. However, if you live in a state where both types of insurance are available, you should consider your individual requirements. If you are more concerned about protecting yourself and your passengers, personal injury car insurance is the right choice. On the other hand, if you are more concerned about protecting your financial assets in case you are found responsible for an accident, you should opt for bodily injury car insurance.
The Bottom Line
Car accidents can be traumatic and expensive. Having the right car insurance policy can ease your financial burden and help you recover from the accident quickly. Make sure you understand the difference between bodily injury and personal injury car insurance, and choose the right policy for your individual requirements.
