Here's a breakdown:
Vehicle Coverage:
* Collision Coverage: This protects your vehicle against damage caused by a collision with another vehicle or an object, regardless of who is at fault.
* Comprehensive Coverage: This covers damage to your vehicle from events like theft, vandalism, fire, hail, or falling objects.
* Uninsured/Underinsured Motorist Coverage: This protects you and your vehicle if you are hit by a driver who has no insurance or insufficient coverage.
Driver Coverage:
* Liability Coverage: This covers damages to other people's property or injuries you cause to others in an accident, including medical expenses and lost wages.
* Personal Injury Protection (PIP): This covers your own medical expenses and lost wages after an accident, regardless of who is at fault.
* Medical Payments Coverage: This pays for medical expenses for you and your passengers, regardless of who is at fault.
In summary:
* Vehicle Coverage: Protects your vehicle from physical damage.
* Driver Coverage: Protects you (and your passengers) from financial and medical consequences of an accident, regardless of whether you are at fault.
Important Note: New Jersey requires drivers to have certain minimum coverage levels, including liability and PIP. However, you can choose to purchase additional coverage based on your needs and risk tolerance.
It's essential to review your policy with your insurance agent to understand the specifics of your coverage and ensure you have adequate protection.
