Legislation was passed in 1987 and 1999 making it against the law for residents of the Natural State to drive an automobile without the proper coverage in place. All motor vehicles cannot be driven unless covered by a liability car insurance policy that meets the minimum state requirements. Policies must consist of liability coverage in amounts of no less than $25,000 for the bodily injury or death of one person per accident, $50,000 for the bodily injury or death of two or more people per accident and $25,000 for property damage.
Motorists may want to note that Arkansas auto insurance policies that contain only liability coverage will not pay for any injuries or damages that are sustained by the policyholders. These injuries or damages are covered if involved in an accident with an insured motorist who was at-fault, up to their policy limits, or if additional protection is purchased. Fortunately for drivers, there are several additional types of coverages offered by insurers that will cover a wide range of potential losses that can arise while owning an automobile. Motorists may want to familiarize themselves with the available products to help ensure that they are properly insured and help avoid having to pay for the expenses that follow an accident.
Additional AR Insurance Coverage to Choose From
Possibly the most common policy addition is comprehensive and collision coverage. This insures vehicles for a large variety of forms of physical damage from incidents involving a collision with another vehicle, theft or even striking an animal. This can be beneficial to individuals who own expensive autos and for those who are currently financing a car. According to the Arkansas insurance department a lending institution will require this coverage on an automobile that it is financing as a way of securing their interest in the auto.
Another option that Arkansas’ motorists can choose to purchase is personal injury protection (PIP). This is divided into three portions and drivers have the option of purchasing any one or all three. If motorists do not want PIP at all, they must formally reject it in writing. The three PIP coverages that motorists have to choose from include medical payments, lost wages and death benefits. Medical payments will pay for doctor bills, X-rays, emergency services such as ambulances and funeral expenses. This coverage will cover the policyholder and household family members who are injured or killed while involved in an accident in the insured vehicle. It also covers pedestrians or cyclists that are struck by the covered automobile.