Our buyer’s guide today is all about explaining to you the different types of auto insurance so you’re better educated on the topic when you connect with a car insurance provider, which you can easily do with Insurance Guide Pro in no time. After you learn about the types of auto insurance available to you, make sure to shop auto insurance companies by clicking the phone number above.
Full Coverage Auto Insurance
As its name says, a full coverage auto insurance policy includes liability, collision, and comprehensive coverage for you.
Liability Coverage
This is a legal requirement in most states for you to legally drive a car. Liability insurance may help cover damages for injuries and property damage to others for which you become legally responsible resulting from a covered accident.
Collision Insurance
Covers damage to your car after an accident involving another vehicle and may help to repair or replace a covered vehicle.
Comprehensive Insurance
Provides an extra level of coverage in the instance of an accident involving another vehicle. It may help pay for damage to your car due to incidents besides collisions, including vandalism, certain weather events and accidents with animals.
State-Minimum Auto Insurance
In most states, a minimum car insurance policy only comes with liability coverage.
Your car insurance policy may include other coverage types, too, like collision, comprehensive, uninsured, and under-insured motorist, or personal injury protection.
Other coverage which may be added:
· Gap insurance: Can help certain drivers cover the amount owed on a car loan after a total loss or theft.
· Towing and labor insurance: Good for roadside assistance, which is available through an insurance company or a 3rd party that specializes in this coverage.
· Rental reimbursement insurance: If your vehicle is being repaired under an insurance claim, your transportation expenses (or part of it) should be covered with this policy.
· Classic car insurance: A special policy purchased thru your insurance company or a third party that offers protection for old, unique, or classic cars often valued differently than a “newer” car.
Conclusion
Any type of car insurance you get could help you get one important thing: peace of mind. Besides financial safety and other benefits, getting your vehicle insured is required in nearly every state, as we mentioned before. If you’re looking for the right insurance provider for you, you might want to visit our buyer’s guide for further information.
