8114 CORTEZ ROAD WEST -- BRADENTON, FLORIDA 34210

TEL# 941-794-0282 FAX: 941-794-1264

PARRISH TEL# 941-776- 3396

OVER 100 OFFICES THROUGHOUT FLORIDA

AUTO INSURANCE TERMS EXPLAINED

PERSONAL INJURY PROTECTION (PIP) -- PART OF THE FLORIDA NO-FAULT SYSTEM, THIS COVERAGE COVERS YOU AND YOUR PASSENGERS FOR 80% OF THEIR MEDICAL EXPENSES UP TO $10,000.REGARDLESS OF WHO IS AT FAULT. IT WILL EVEN COVER A YOU AS A PEDESTRIAN, IF YOU ARE HIT BY A CAR. COVERAGE CAN ALSO BE EXPANDED TO COVER LOST WAGES.

BODILY INJURY (BI) = LIABILITY INSURANCE. IF YOU ARE AT FAULT IN AN ACCIDENT YOUR POLICY WILL PAY FOR BODILY INJURY CAUSED TO OTHERS, INCLUDING YOUR LEGAL BILLS, UP TO THE LIMITS OF YOUR POLICY. THE MINIMUM TO DRIVE LEGALLY IN FLORIDA IS 10/20 ( 10,000 PER PERSON / 20,000 PER ACCIDENT)

PROPERTY DAMAGE (PD) -- LIABILITY INSURANCE WHICH PAYS FOR THE DAMAGE TO THE PROPERTY OF OTHERS IF YOU ARE AT FAULT IN AN ACCIDENT. THE MINIMUM IN FLORIDA IS 10,000.

MED PAY -- MEDICAL PAYMENTS PAYS FOR YOU AND YOUR PASSENGERS' MEDICAL EXPENSES REGARDLESS OF WHO IS AT FAULT. THIS KICKS IN AFTER PIP BENEFITS ARE EXHAUSTED. NOT MANDATORY

UNINSURED MOTORIST (UM) -- PAYS FOR YOU AND YOUR PASSENGERS IN THE EVENT YOU ARE HIT BY AN UNINSURED OR UNDERINSURED MOTORIST. NOT MANDATORY

COLLISION - PAYS TO REPAIR YOUR VEHICLE, IF YOU ARE AT FAULT IN AN ACCIDENT. ACTUAL CASH VALUE OF THE VEHICLE AND NOT REPLACEMENT COST IS USED TO DETERMINE THE BENEFIT. DEDUCTIBLES CAN BE APPLIED.

COMPREHENSIVE - COVERS DAMAGE TO YOUR VEHICLE FROM FIRE, THEFT, NATURAL DISASTER, VANDALISM EVEN IF YOU HIT A DEER. DEDUCTIBLES CAN BE APPLIED.

RENTAL -- AN ADD ON COVERAGE WHICH PAYS IF YOU NEED TO RENT A VEHICLE AS A RESULT OF AN ACCIDENT OR THEFT

TOWING AND LABOR -- AN ADD ON COVERAGE IN CASE YOUR CAR BREAKS DOWN