It can apply even to accidents in which your car was the only vehicle involved. Meanwhile, comprehensive coverage applies to any type of harm or loss that did not result from an accident. Perhaps your car was stolen or vandalized, or perhaps severe weather caused damage to a car that was parked outside.
People in some rural areas may consider comprehensive coverage because it applies to damage caused by hitting an animal with a car. Last reviewed October Insurance Law Contents. Minimum Requirements Each state imposes a certain threshold that a liability insurance policy must reach. Potentially Mandatory Coverage Some states require coverage for accidents involving uninsured or underinsured motorists.
Insurance Law. Gap Auto Insurance. Mandatory and Optional Auto Insurance Coverage. Calculating Auto Insurance Premiums. Please check Terms and Conditions.
Invalid Input. Thank you for showing your interest. Our team will get back to you shortly. It will also cover lost wages and other related expenses. Uninsured Motorist Coverage — Reimburses you when an accident is caused by an uninsured motorist—or in the case of a hit-and-run.
You can also purchase under insured motorist coverage , which will cover costs when another driver lacks adequate coverage to pay the costs of a serious accident. Optional coverage While basic, legally mandated auto insurance covers the cost of damages to other vehicles that you cause while driving, it does not cover damage to your own car. To cover this, you need to purchase the following optional auto insurance coverages: Collision — This optional coverage reimburses you for damage to your car that occurs as a result of a collision with another vehicle or other object—e.
While collision coverage will not reimburse you for mechanical failure or normal wear-and-tear on your car, it will cover damage from potholes or from rolling your car. As a tenant, landlord, driver, parent, or in any other capacity, you may be faced with unforeseen events that can lead to significant expenses. Different types of insurance are available to protect you against these perils, but it is not always easy to choose what is best for you.
Here is an overview with a brief description of the main types of insurance from private insurance companies. Basic health insurance LAMal guarantees coverage in the event of illness, injury or maternity leave. These benefits include in-patient hospital stays in a shared room, basic outpatient treatments and reimbursement of medicines recognised by the Swiss Federal Office of Public Health FOPH. Accident insurance LAA covers illness and injury both in and out of the workplace.
It is mandatory for all employees, who are automatically covered by their employer. Self-employed persons, children, pensioners or persons no longer in gainful employment can include this option in their basic insurance LAMal. For example, if you fall down a staircase, accident insurance LAA covers all the necessary care. Supplementary health insurance LCA tops off reimbursements from basic health insurance LAMal and covers additional health services not included in basic health insurance, such as alternative medicine, dental care and hospital stays in a private room.
For example, supplementary health insurance LCA may cover costs related to preventive measures, such as gym membership. Private civil liability insurance RC covers damage inadvertently caused to third parties. This type of policy extends to persons and pets living in the same household as the policyholder. Home and contents insurance covers your home and its contents in the event of theft or damage.
This type of policy is an ideal supplement to private civil liability insurance RC. For example, the extended coverage offered by home and contents insurance includes the theft of your handbag. Building insurance protects you from the financial implications of damage caused to buildings. In most cantons, property owners are required to insure themselves against fire and natural damage as a minimum.
Other options can be added to the policy. For example, building insurance can cover additional living expenses that arise from renting temporary accommodation following a disaster.
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