What does BIPD 25-50-25 and UM BI 20-40 mean on your auto insurance?

Answer Answer BIPD means bodily injury and property damage coverage (this is liability coverage; that for which you are legally liable in the event of an accident). 25/50/25 means coverage of $25,000 per ... Read More »

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If your auto is hit the other driver's auto insurance pays all medical expenses and so does your health insurance must you reimburse your company?

Answer You do not have to reimburse your insurance company if the accident is the fault of the other driver and the claim is made on their insurance. If the accident is the fault of the other drive... Read More »

What does NB NP mean on auto insurance?

It is difficult to answer this without seeing the context, but I will take a stab at it. On the auto theft claims end abbreviations are used, like NI, is named insured and IV represents the vehicle... Read More »

What does comprehensive auto insurance mean?

Automotive insurance is a legal requirement if a person is going to be driving a car. However, many people don't entirely understand just what it is that their policy does and doesn't cover until t... Read More »

What does a $500 deductible mean on an auto insurance policy?

A $500 deductible in a car insurance policy means that you must pay $500 up front for any claims, before the insurance pays you for any costs above that amount. Typically, the higher your deductibl... Read More »