Getting in a car accident is something that no one ever wants to think about happening to them, but the reality is that there are around 20,000 car crashes in the United States every day. So, it’s important to have auto insurance to protect you, your passengers, and your automobile in any kind of accident that may occur while on the road. Having at least some type of liability coverage is mandatory in most states, but there are additional types of automobile insurance that will provide you with more coverage. Here are the different types of automobile insurance that you can get.
Liability coverage is the most basic form of auto insurance required in most states. It covers the other person’s bodily injuries and automobile if you are to cause an accident. However, it does not cover you or your vehicle.
Comprehensive coverage helps to insure your car from things like theft, water damage, fire, natural disaster, and vandalism. If your car is damaged by one of these things comprehensive coverage can often help you pay to replace it. However, you will have to pay a deductible.
This is the coverage that will help you out if you’re involved in an accident with another vehicle or with an object such as a tree or light post. Typically, with collision coverage you are still required to pay a deductible, but the insurance will cover the rest of the cost of your damaged vehicle.
Medical Payments Coverage
This type of coverage is required in some states but optional in others. It covers the medical expenses of you and your passengers if you are to get in an accident.
Many insurance plans cover multiple aspects of these types of coverage. When shopping for auto insurance, be sure to ask questions and gain a good understanding about what insurance plan is right for you.