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Things to know about your insurance policy if you are in a car accident FAQ: What is Property Damage Coverage?

Posted by Matt Schmidt | Mar 30, 2021 | 0 Comments

In the last couple blogs, I have discussed the importance of knowing what and how much coverage you have by requesting your declarations page. Once you get a copy of your Dec Page, it is also important to know what the types and amounts of coverages on that page actually means. Last time we explained Liability or Bodily Injury Coverage.  Let's move to Property Damage.

Property damage is fairly simple. It represents how much your own insurance company will compensate someone else for damage you have done to their property in the unfortunate event that you are the one responsible for causing the collision.  Conversely, if your property is damaged by a negligent driver, that driver's property damage coverage indicates how much potential coverage that insurer might compensate you for the damage that has been caused. This includes not only damage to an automobile, but damage to physical property (e.g. running into a pole or fence), bicycles, or personal property (e.g. computers, baby seats, etc.).

Your property damage coverage does not typically cover the damage done to your own vehicle, especially if you are the negligent driver. That is primarily what collision coverage is for.

About the Author

Matt Schmidt

Matt graduated from the James E Rogers College of Law at the University of Arizona in passing the Arizona bar exam in 2010. Matt's primary interest in law focuses on general personal injury and insurance bad faith.

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