Auto insurance policies are mandatory, but they can also be difficult to understand. When you are trying to figure out what kind of coverage you need and what extras you want to add, it may feel difficult to properly gauge your needs.
These are the types of auto insurance coverage options and what to expect from them.
What Kinds of Auto Insurance Coverage Is Required?
Most states require two different types of insurance coverage. The first is bodily injury liability, which covers the costs of death or injuries that happen when you are driving your car. It may also cover these costs if somebody else is driving your car.
Then, there is property damage liability. This coverage will take over for damage caused by you or somebody else driving your car that impacts another vehicle or property belonging to somebody else. This can include fences and private property, like a building or even a utility pole.
What Auto Insurance Coverage Is Occasionally Required?
Less frequently, states may also require that you have personal injury protection, which covers medical expenses related to injuries for those in your car. This will also cover things like lost wages for people who are more seriously injured.
In some states, you must also hold uninsured motorist coverage. This covers your expenses when you are involved in a hit-and-run accident or when somebody doesn't have the appropriate coverage to cover your expenses (even if the accident was their fault).
What Auto Insurance Coverage Is Not Required?
In order to protect yourself, you might also choose to have coverage that is not required in your state.
For example, you might choose to have collision coverage. This covers damage to your car, for example, if you are at fault for an accident. It will also cover single-vehicle accidents, like hitting a guardrail.
You might also consider comprehensive coverage, which includes anything lost to theft or even weather damage. For example, it will help cover damage caused by flooding, hailing, or even falling tree branches. It is important to read up on your company's policy to ensure everything you want is covered.
Contact an Auto Insurance Provider Today
An auto insurance company can help you make final adjustments to your policy before you decide to confirm your policy. Reach out to a representative for your insurance policy today to learn more about the options available for your vehicle and needs.
Share5 May 2021
I still remember the first time I had to chose an insurance policy; I was 17 years old and had just saved up enough money to afford my very first car. I was so excited to begin driving, but overwhelmed with all of the different auto insurance options. My father helped me chose a full-coverage policy that would cover the cost of my car if it were to become damaged in an accident. When I inevitably caused a small fender-bender as a new driver, my insurance company paid for my car repairs, so it sure was the best policy for me! Now that I am older and have learned a lot about home insurance and other types of insurance, I thought I would make a blog to help others who need insurance advice, like what my dad gave me. I hope I can help you make wise insurance decisions!