There are many different types of coverage that fall under the umbrella of “auto insurance.” The coverage that you select will depend on your individual situation and your own needs, so you’ll want to spend some time talking to your representative to find out the options that make the most sense. Read this article before contacting your company so that you’ll know the right questions to ask.
This refers to your liability for causing bodily harm if you are at fault in an accident. You can end up with a lot of physical injury after a car accident, and those bills can be expensive. Having coverage for this liability means that if you do have an accident and someone gets hurt, it will be the insurer who pays for it — not you.
Similar to bodily injury liability, this form of coverage will pay for any property damage that results from your accident. One car might hit a light pole, or the accident might destroy a rare vase that was in the back seat of the car that you hit. In either event, this coverage will replace any property that is damaged in the automobile accident.
Medical coverage is available and will pay for any medical costs that result from your car accident. Sometimes, injuries take a long time to appear (a day or so) after the accident, and care can be quite expensive. Again, you want your insurer to pay for that — your premiums cost enough.
Lots of people are driving around with no insurance right now. You want coverage in case one of them hits you, because without it, your own insurer will not help you out. Add this coverage so that you are protected in any accident. Otherwise, all of the costs will come out of your own pocket.
Collision coverage is in addition to liability insurance and will pay for damage on your own car if you have an accident with another car, but it’s your fault. This is important because liability coverage will only pay for the other person’s car, which means that you could be paying for insurance, but still have an undrivable care after an accident.
Don’t skimp when it comes to insurance coverage for your car. You don’t want to have to pay for surprises. Also, things like rental coverage, so that you will have the use of a car while yours is in the shop, and towing coverage, which will pay for a tow truck to get your car to a garage after a wreck, are vital — if you don’t have them, it will be very difficult to get your car fixed — and to get around while you’re waiting for it.