You may ask yourself, “What is the right insurance for me?”…luckily, you’ve found this blog! We will make sure we do all we can to help you find the absolute best car insurance plan for your needs while saving you as much money as possible in the process. Remember that you may not necessarily need full coverage, so read the info below and decide for yourself before someone tries to upsell you something that you have no use for.
So let’s get down to business.
Liability Insurance
Car insurance comes in many flavors, and every state has different basic requirements that they expect drivers to adhere to. The bare minimum coverage for many states is what they call “Liability Coverage”. This covers damages and medical bills, up to a certain amount, for the victims of an accident if it is your fault. This is good, basic coverage for anyone who feels that they are cautious enough to not have an accident. If you will be insuring a car that isn’t brand new, and is paid for, then this bare-bones option may be the coverage choice you’re looking for.
Collision Insurance
This type of auto insurance will cover the damages to your car if you are involved in an accident that is your fault. Keep in mind that if the accident is not your fault, the other driver’s insurance will cover the damage to your car regardless of what kind of coverage YOU have. This is a good option for high risk drivers and is almost always required if you have a new or used car in which you have taken out a loan on and are making payments on. Loans are controlled by banks, and banks make sure that they protect their investments in every possible way, this being one of them.
Comprehensive Insurance
Another type of car insurance that isn’t required, but may not be a bad idea to have depending on your situation. Comprehensive covers such things as vandalism, theft of items from the car, natural disasters and “acts of god”. If a tree falls on your car, it is damaged by hailstones or your window is broken out by a thief, then you’ll be covered if you have comprehensive insurance. It doesn’t cover any kind of damage that may result from a car accident.