Technically there are only three kinds of car coverage insurance sold in the U.S. Full-tort, limited-tort car and no-fault auto insurance cover vehicles. The difference between the three is the amount of liability coverage that car owners carry.
However, the most common kind of car coverage insurance and the only kind allowed in many states is full-tort car insurance. Everybody involved in an accident can sue for pain and suffering and medical expenses under full-tort. Some states, including Pennsylvania allow for limited tort car insurance, under which the insurance policy only pays the medical expenses of those injured in an accident.
Other states, including heavily populated New York have no-fault insurance, which bars persons involved in an accident from suing for medical expenses and pain and suffering.
The main difference between full-tort and limited-tort car insurance is what the insurance company will cover. Under full tort the insurer will pay the medical bills of an injured person and provide some compensation for pain and suffering.
Under limited tort, the company only pays medical bills. The idea behind limited-tort insurance is to keep juries from awarding large judgments for pain and suffering. Limited tort insurance is also designed to hold driver’s accountable for accidents they get involved in.
In Pennsylvania drivers can choose between full-tort and limited-tort insurance. Drivers don’t have that choice in most states. Only full tort is available. Some states also provide a choice between no fault and full tort insurance.
Most lawyers recommend full-tort car insurance because it provides a higher level of protection even though it costs more. The reason for this is that people will not get any additional money to pay bills if they are hurt and unable to work in an accident. Neither full-tort or limited-tort insurance affect property claims arising out of an accident. The policies will not limit the amount of money your insurance company has to pay to replace or repair vehicles or other property damaged in an accident.
Limited tort insurance may not prevent large claims and increased insurance rates. Instead all it will do is limit your options after an accident. Full-tort car insurance is still the best deal for the average driver even though it may cost more. The additional benefits it provides can help an injured person avoid ending up on welfare after a crippling accident.
However, the most common kind of car coverage insurance and the only kind allowed in many states is full-tort car insurance. Everybody involved in an accident can sue for pain and suffering and medical expenses under full-tort. Some states, including Pennsylvania allow for limited tort car insurance, under which the insurance policy only pays the medical expenses of those injured in an accident.
Other states, including heavily populated New York have no-fault insurance, which bars persons involved in an accident from suing for medical expenses and pain and suffering.
The main difference between full-tort and limited-tort car insurance is what the insurance company will cover. Under full tort the insurer will pay the medical bills of an injured person and provide some compensation for pain and suffering.
Under limited tort, the company only pays medical bills. The idea behind limited-tort insurance is to keep juries from awarding large judgments for pain and suffering. Limited tort insurance is also designed to hold driver’s accountable for accidents they get involved in.
In Pennsylvania drivers can choose between full-tort and limited-tort insurance. Drivers don’t have that choice in most states. Only full tort is available. Some states also provide a choice between no fault and full tort insurance.
Most lawyers recommend full-tort car insurance because it provides a higher level of protection even though it costs more. The reason for this is that people will not get any additional money to pay bills if they are hurt and unable to work in an accident. Neither full-tort or limited-tort insurance affect property claims arising out of an accident. The policies will not limit the amount of money your insurance company has to pay to replace or repair vehicles or other property damaged in an accident.
Limited tort insurance may not prevent large claims and increased insurance rates. Instead all it will do is limit your options after an accident. Full-tort car insurance is still the best deal for the average driver even though it may cost more. The additional benefits it provides can help an injured person avoid ending up on welfare after a crippling accident.
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