Reasons for Needing Auto Insurance
Your auto insurance will protect you against the person who runs the red light, someone texting, reckless speeders, road rage drivers and much more.
Insufficient Health Insurance
If you have health insurance that is insufficient to cover all your medical bills from an auto accident, your auto insurance can help. Insurers have plans that offer health coverage that will cover injuries that you receive either as the driver or a passenger. In many states, personal injury protection coverage is required for all vehicles.
Options and Benefits for the Different Types of Auto Insurance
Getting the right car insurance coverage for you is an important step. You will have many different options that will give you all the benefits you need to protect you, your family and anyone else in the vehicle.
This coverage is usually required in most of the states in the United States. Injuries and property damage to others are covered under your liability clause. If an accident occurs, you would be legally responsible for property damage and injuries.
Collision insurance covers your vehicle for damages if involved in an accident.
Comprehensive insurance goes a step further in your coverage due to an accident. It will give you benefits to protecting you against vandalism, having an accident with an animal and against certain weather occurrences.
Uninsured Motorist Insurance
This will cover you against a vehicle that has no insurance or a hit and run accident.
Underinsured Motorist Insurance
Many people only carry the minimum liability coverage. It saves them money but will not give them the coverage needed to pay for all the expenses. Your underinsured coverage will protect you for the costs.
Medical Payments Coverage
Medical costs from an accident can be extremely expensive. Your medical coverage will help pay for medical costs related to an accident, regardless of which driver is at fault.
Personal Injury Protection Insurance
Your personal injury protection insurance will cover medical expenses and the loss of income because of an accident. You have options on what your coverage will take care of. Some policies will cover up to 80% of the medical costs per accident.
Many plans will include injuries related to the accident, funeral costs, dental work, nursing care while recovering and even extended nursing care if needed.
Gap insurance will cover the cost that you still owe on the loan if an accident occurs or it gets stolen and it is a total loss.
Towing and Labor Insurance
You can add this coverage so you are reimbursed for a tow and the labor expenses to repair your vehicle.
Rental Reimbursement Insurance
If you cannot drive your vehicle, rental reimbursement insurance will cover the cost of a rental car.
Classic Car Insurance
For those classic car lovers, this insurance will give you special coverage that is unique to vintage and classic collectors.
It is crucial to protect your own finances and wellbeing with proper vehicle insurance.