Learn 6 Types of Car Insurance Policy Coverage
If you’re in the market for a new automobile or auto insurance, you should know the many types of coverage offered on a policy. Several forms of automobile insurance coverage are available to protect you, your passengers, and your vehicle in a car accident.
Some of these policies are mandatory in your state, while others are voluntary. Understanding what is necessary for your state and what each helps cover can assist you in selecting the best coverage for your scenario.
Auto insurance comprises various coverages designed to financially safeguard you in the event of an accident or damage to your vehicle. Some types of insurance are obligatory, while others are optional and provide additional protection.
The following are six examples of standard vehicle insurance coverage:
• car liability insurance
• coverage for uninsured and underinsured motorists
• complete protection
• collision insurance
• personal injury insurance
By reading on, you learn more about each of these coverages and what they would cover.
1. Coverage for liability
Most states require auto liability insurance. Drivers must acquire at least the minimum level of liability coverage mandated by state law. There are two parts to liability coverage:
• Bodily injury liability may assist in paying for costs associated with another person’s injuries if you cause an accident.
• Property damage liability may assist in paying for damage you do to another person’s property while driving.
