Do you need car insurance? The short answer is yes, car insurance is important. However, not all auto insurance is made equal. In this blog post, we’re going to cover some of the most important GEICO auto insurance coverages you need to know. Furthermore, we also offer the most typical coverages of this brand.
About GEICO Auto Insurance Coverages
GEICO Auto Insurance is a popular insurance company that offers coverage for personal vehicles, including cars, trucks, and motorcycles. Founded in 1936, GEICO has become one of the largest auto insurers in the United States, serving millions of policyholders across the country.
GEICO offers a range of coverage options for its auto insurance policies, including liability coverage, collision coverage, and comprehensive coverage. In addition, customers can choose from a variety of add-on coverages, such as rental reimbursement, roadside assistance, and mechanical breakdown insurance.
One of the unique features of GEICO’s auto insurance policies is its use of technology to simplify the claims process. Customers can report a claim, track its progress, and even schedule repairs through the GEICO mobile app or website. GEICO also offers discounts for safe driving, vehicle safety features, and other factors that can reduce the cost of insurance premiums.
Types of GEICO Auto Insurance Coverage
Are you looking for auto insurance that will protect you in the event of an accident? If so, you’ll want to consider getting coverage from GEICO. Here are some of GEICO auto insurance coverages that you need to know about:
1. Liability Coverages
One of the most crucial types of car insurance coverage, liability coverage is mandated by law in the majority of states. If you are accountable for an accident-related injury or property damage to another person, liability coverage offers security. Two varieties of liability insurance exist:
Bodily Injury Liability: Bodily injury liability coverage provides protection if you cause an accident that results in injury or death to another person. It covers medical expenses, lost wages, pain and suffering, and other damages.
Property Damage Liability: Property damage liability coverage provides protection if you cause an accident that results in damage to someone else’s property, such as their vehicle, home, or other property. It includes the price of replacing or fixing the damaged property.
2. Medical Coverages
GEICO Auto Insurance offers medical payments coverage, which is also known as MedPay. MedPay is an optional coverage that provides payment for medical expenses incurred by you or your passengers as a result of an accident, regardless of who is at fault.
MedPay coverage typically covers medical expenses such as hospital bills, surgery, X-rays, ambulance fees, and funeral expenses. It can also cover expenses such as dental work, prosthetics, and nursing services.
MedPay coverage is designed to provide quick and easy payment for medical expenses, without the need to wait for a settlement from an insurance company or legal action. It’s important to note that MedPay coverage is not a substitute for health insurance, and it may not cover all of your medical expenses in the event of an accident.
3. Vehicle Coverages
Vehicle coverages refer to the types of auto insurance coverage that protect your car from damage or loss. Here are some of the most common vehicle coverages available: Collision Coverage, Comprehensive Coverage, Liability Coverage, Personal Injury Protection (PIP) Coverage, Medical Payments Coverage, and Uninsured/Underinsured Motorist Coverage.
4. Uninsured Motorist Coverages
Uninsured/Underinsured Motorist (UM/UIM) coverage provides protection if you are involved in an accident with someone who is either uninsured or underinsured. In some jurisdictions, UM/UIM insurance is a requirement, while it is not in others. Two kinds of UM/UIM coverage exist:
Uninsured Motorist Bodily Injury (UMBI): UMBI coverage provides protection if you are injured in an accident caused by an uninsured driver. It covers medical expenses, lost wages, pain and suffering, and other damages.
Underinsured Motorist Bodily Injury (UIMBI): UIMBI coverage provides protection if you are injured in an accident caused by a driver who has insurance, but their coverage is not enough to cover all of your damages.
5. Additional Auto Insurance Coverages
Here are some more additional auto insurance coverages that may be available through GEICO Auto Insurance or other insurance providers:
- GAP Insurance: GAP insurance covers the difference between what you owe on your car and what it is worth in the event of a total loss.
- Towing and Labor Coverage: Towing and labor coverage pays for the cost of towing your car to a repair shop and covers some of the labor costs associated with the repair.
- Glass Coverage: Glass coverage pays for the repair or replacement of your car’s windows and windshield if they are damaged.
- Customized Equipment Coverage: Customized equipment coverage provides additional protection for aftermarket parts and accessories that you have added to your car.
- Pet Injury Coverage: Pet injury coverage provides payment for veterinary expenses if your pet is injured in an accident while riding in your car.
In conclusion, GEICO Auto Insurance offers a wide range of coverage options to protect you and your vehicle on the road. From liability coverage to medical coverage, GEICO has you covered. Additionally, GEICO offers various discounts and savings opportunities that can help you save money on your auto insurance policy.
It’s important to review the coverage options available and understand what is and isn’t covered, as well as any deductibles or limits that may apply. By doing so, you can make an informed decision about the coverages that best fit your needs and budget.