What is the definition of First-Party Coverage?

First-Party Coverage refers to protection given for claims that the insured person will have for himself or for his property.

This means that for automobile insurance, it will pay for damages to your vehicle, as well as personal injury protection (if this is included). This is especially true for no-fault auto insurance.

First party coverage should include collision insurance (which will pay for repairs when the insured's car is damaged, regardless of who caused the accident). In the event that it was another person's fault, what will happen is that the insured's insurance company will go after the insurance company of the person who was at fault.

Please note, though, that some acts of nature may not be covered by the policy, so it is recommended that you check the policy to see what it covers.

• Insolvency
• Misstatement of Age or Sex Provision
• Modified Premium Policies
• Moral Hazard
• Comprehensive Coverage