Types of Auto Insurance Coverage
Most policies will come with a few standards like Injury and Liability.
It's important to choose the correct amount of coverage for your budget or needs.
You also need to beware of rate changes after the first few months of your coverage; most well known brands like that you see on TV will not have this problem.
Bodily Injury and Liability Insurance This is one of the most common insurance; you will find it on almost every policy.
This insurance covers any claims that are made against to you from anything you could have caused in an accident.
Without this, you will have to pay out of pocket for the other personal expenses.
Collision and Comprehensive Coverage These two are the opposites of each other.
Collision insurance will cover everything involving a wreck or accident.
Comprehensive coverage covers everything else that could happen to your car.
This is important if you live in an area that is prone to extreme weather.
If you are looking to minimize your insurance you could get away without buying comprehensive coverage.
It's important but not required to have collision insurance.
This is probably the most common type of damage that could be inflicted on your car.
Having this insurance could save you a ton of money down the road.
Underinsured or Uninsured Motorist This is a very important type of coverage.
This coverage basically covers you from anyone who does not have any insurance.
There are a lot of people who do not have insurance, and if you do not have this coverage then you are going to have to pay for everything.
If there is anything extra you should add to your policy it's this coverage, it can save a lot of problems.
There are many other types of coverage you can add to your policy, but each will increase your premium.
Before deciding on a plan, shop around and try to figure out exactly what you need from your policy.