Bodily Injury Liability Insurance Generally defined as a physical injury sustained to a third party. This includes illness, disease, pain and suffering, emotional distress, loss of income and death. Property Damage Liability Insurance Damage or destruction including loss of use of property.
The reduction in value is the measure of property damage. Collision Insurance Coverage is the impact of an automobile with another object or person outside the vehicle. It is coverage that pays for damage to your insured vehicle. This coverage is usually subject to a deductible. Personal Injury Protection (PIP) Coverage in which the auto insurance company pays, medical, hospital and funeral expenses of the insured person. This coverage is usually subject to specific limits.