What's in Philadelphia PA Auto insurance Requirements?
In the state of Pennsylvania, driving without insurance is taking a risk and making it possible for you to get sizeable fines and penalties in a punishing way not seen in many other states. In this state, you are required to carry liability insurance on minimum levels in order to operate your vehicle on state roads and highways. Fifteen thousand dollars for death or injury to any single person involved in an accident, thirty thousand dollars for death or injury to multiple persons involved, and five thousand dollars for damages caused to the property of the state or on another person. These numbers are of minimal coverage levels not recommended to fully protect you if you are involved in an accident. Of course, greater level of insurance is recommended by most of legal analysts and insurance companies. This is especially for home owners and can have your own home sued out from underneath you if you are liable in a car accident. If ever you forget or fail to maintain the minimum level of insurance that is required by the Pennsylvania state law, and you're caught, you will be faced with penalties to deal with, like a three hundred dollar fine, suspension of your driver's license for three long months, and even suspension of your vehicle registration for three months. To get your driver's license and vehicle registration back, you will be required a fifty dollar each, and three hundred dollar fine.
Before you encounter all these problems and fines, spare time to get and apply for your auto insurance. There are four major parts of the auto insurance policy that you need to know before you get one. These are Liability coverage, uninsured motorist coverage (UM), underinsured motorist coverage (UIM) and full tort/limited tort coverage. Liability insurance protects your assets and yourself if you cause injury or accidents to someone else with your own fault. The insurance company will defend you and will hire an attorney for you. Liability coverage is usually listed on your auto insurance policy declaration page as bodily injury coverage. Full Tort coverage on the other hand, means that you and your family as well have unlimited access to the court system compensation for personal injuries from a car accident. Uninsured motorist coverage protects you and your family when you are injured by an uninsured motorist wrecked your car. Underinsured motorist coverage protects you and your family if the fault driver does not carry enough insurance coverage.
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