If you’re a resident of Winona, MN, you’re required by law to have a minimum amount of auto insurance coverage to protect yourself and others on the road. However, there are different types of auto insurance coverage options available to you, and it’s important to understand what each one covers and what your specific needs are.
Liability Coverage
Liability coverage is the minimum amount of coverage required by law in Winona, MN. It covers the cost of damages or injuries you may cause to others in an accident. This coverage is split into two parts: bodily injury liability and property damage liability. Bodily injury liability covers medical expenses and lost wages for the injured party, while property damage liability covers the cost of damage to the other person’s vehicle or property.
Collision Coverage
Collision coverage covers the cost of damages to your own vehicle in the event of a collision, regardless of who is at fault. This coverage is optional but highly recommended if you have a newer or more valuable vehicle.
Comprehensive Coverage
Comprehensive coverage covers the cost of damages to your vehicle that are not the result of a collision, such as theft, vandalism, or natural disasters. This coverage is also optional but highly recommended.
Personal Injury Protection (PIP)
Personal injury protection, also known as PIP, covers the cost of medical expenses and lost wages for you and your passengers in the event of an accident, regardless of who is at fault.