Coverage Options

With almost everyone in the country owning and driving automobiles, accidents can and do happen. The best way to deal with such situations is to be prepared, and a good car insurance policy is the best preparation that you can have for a situation that would never occur in a perfect world. Since we do not live in a perfect world, and having car insurance is not only mandatory, but prudent and wise, let us have a look at the different types of car insurance plans that you might want to checkout when insuring your car.

Car Insurance covers the financial losses that you incur when your car gets involved in an auto accident, gets stolen or destroyed due to natural disasters, vandalism and collision.

compare-cheap-car-insuranceThe main types of auto insurance that most insurance companies provide are liability, collision, comprehensive, PIP, underinsured/uninsured. Out of these, liability auto insurance is mandatory in almost all US states.

Liability Insurance pays for the costs involved when you are held liable for harming someone else’s life, limbs, automobile or property in an auto accident.

Collision Insurance pays for repairs and replacements when your car is damaged in an collision and a Comprehensive Insurance pays for damage that occurs due to non-accidental factors like theft, fore, vandalism and natural disasters etc.

Underinsured And Uninsured Motorist Coverage pays for the losses that you incur when you or your car are damaged by a motorist who either does not have insurance or when his policy does not pay enough to cover for your losses.

Personal Injury Protection (PIP) Or MedPay Insurance covers the medical expenses for you and your passengers when your vehicle is involved in an accident.

Apart from these, most auto insurers also provide Gap Coverage, Rental Reimbursement and Roadside Assistance. You should analyze your car insurance needs based upon your own driving skills, the cost of your car, depreciation on it and the kind of medical facilities you want for yourself.

Whatever the type of insurance you buy for yourself, make sure that you do it only after duly comparing car insurance quotes and coverage from a number of reputable insurers. This will not only help you get the best possible insurance for your car, it may also save you thousands of dollars in premiums.

To obtain cheap car insurance quotes from the countries leading insurers, just enter your zip code and the rates will be at your finger-tips.