Auto insurance is needed to protect you and your car, which is the main reason why anyone needs it. Depending on where you live, you can choose from a number of different types of auto insurance. At first, it can be hard to figure out what to do because there are so many options. But the job is definitely made easier if you know about the different kinds of auto insurance.
Except for a few, all states require at least a small amount of liability insurance. The main purpose of this kind of insurance is to protect the people in the other car if you cause damage. It pays for their medical costs and car repairs, but not for you or your car. You need either comprehensive or collision insurance for yourself.
Quotes for collision insurance are much higher than quotes for liability insurance. This is because collision insurance covers a lot more than liability insurance. It pays for repairs to your car and your medical bills, whether you were at fault or not. Comprehensive insurance covers most other kinds of damage to your car, like fire, vandalism, and damage from natural disasters.
Depending on the situation, different deductibles can be chosen, which will change the total estimated cost of collision and comprehensive auto insurance quotes for a year.
Some companies also offer medical payment and protection in case you get hurt. They provide more medical coverage and, in some cases, pay for lost wages, child care, and other costs caused by accidents.
Aside from the minimum requirement coverage, bodily injury coverage is an important coverage to have. This is for car accidents where you were at fault and where the injuries to the people in the other car are worse than what their personal injury coverage covers. If you don't have this coverage, the person who was hurt in the accident can sue you, and the state may hold you and your motor vehicle report financially responsible. This would stay the same for 3 years. It can also be called an SR22.
Uninsured and underinsured driver insurance will take care of you if you get into an accident with someone who doesn't have liability insurance or doesn't have enough.
You can also get rental reimbursement and towing and labour insurance. Most of the time, these costs are called "add-ons" or "endorsements" to your policy.
For auto insurance quotes, companies need to know your driving history, age, and how long you've had your licence, in addition to inspecting your car to make sure it's safe.
