What type of coverage is included in auto insurance policies?

Auto insurance policies provide coverage for a variety of different automobile-related costs and risks. These policies are tailored to the specific needs of the policyholder and may vary from state to state. In North Carolina, auto insurance policies typically include some form of bodily injury liability coverage, property damage liability coverage, and uninsured motorist coverage. Bodily injury liability coverage is designed to provide medical reimbursement for any individual who is injured in an accident in which the policyholder is at fault. This coverage can help to pay for medical bills, rehabilitation costs, lost wages, and other related expenses. Property damage liability coverage is similar to bodily injury liability coverage but instead of covering medical expenses, it pays for repair costs associated with any damage to property, such as another vehicle, a guardrail, or a fence, caused by the policyholder in an auto accident. Uninsured motorist coverage helps protect the policyholder if they are involved in an accident with another driver who does not have auto insurance. This coverage helps reimburse the policyholder for any medical bills, lost wages, and property damage resulting from the accident. Auto insurance policies also often include coverage options such as collision coverage, comprehensive coverage, rental reimbursement, towing and labor coverage, and gap coverage. Collision coverage and comprehensive coverage both help pay for the repair costs associated with any damage to the insured vehicle caused by an auto accident or other incidents. Additionally, rental reimbursement coverage helps reimburse the policyholder for the cost of renting a car if their own vehicle is being repaired. Lastly, towing and labor coverage and gap coverage are both additional coverage options that can help pay for certain automotive service and repair costs.

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What type of coverage is included in auto insurance policies?

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