Types of auto insurance

There are many varied types of auto insurance and understanding which one to get for your car may be an overwhelming experience. It is important however to get to know the different types so that you are able to settle on the best.

Comprehensive:

This is the kind of cover that will insure your car from all kinds of situations form theft, extreme weather conditions, animal collision etc. basically a comprehensive cover will pay claims against all types of eventualities that other more specific covers do not offer. However, a comprehensive cover tends to be more expensive than other specific covers. Some car insurance companies will suggest that you lower the premiums for the comprehensive cover by installing anti theft devices in your automobile. This is a very good cover but in case you can easily replace your car, then it is not a viable option.

Liability insurance cover:

This type of cover protects you in the vent that you are at fault. Say for example you get involved in an accident and you are at fault, this kind of cover will cater for the repairs and or medical expenses that area s a result of your mistake. Most states have asset minimum for this cover though it is usually advisable to pay in excess of the set minimum as you are responsible to pay any amount exceeding the set minimum.

Personal injury:

This cover protects you in the event of an accident where e you sustain injuries and need medical attention. This cover is most suitable for car owners who do not have a good health insurance policy. With this kind of cover you are guaranteed that the entire medical bill relating to your injuries will be paid. It does not consider who was at fault at the time of the accident.

Collision cover:

This cover will ensure that in the event of an accident, your own repair costs will be met by the insurance. This is because with other insurance cover like the liability insurance, the cover will only cater for the second party’s car. This type of insurance will provide you with peace of mind incase your car is damaged or totaled as the insurance company will pay you accordingly. It would be advisable to get this kind of Insurance if you are driving a new car or one that s expensive.

Gap insurance cover:

This type of insurance cover is best suited for car owners who have not finished paying off their cars. This is because the coverage protects you in the event of an accident where your car is damaged or totaled. When collision coverage only pays for the value of your car, Gap insurance cover will cater for the cost of replacing your car and so is useful where you owe more on your car than what you have already paid for.

Motorist protection:

Usually this type of insurance is added on to your other insurance policy to provide coverage in the event of an accident and the other motorist involved does not have an insurance cover. This cover comes in handy when you are not at fault in an accident situation and the person responsible is not able to pay for the damages or hospital bills. It is not expensive.

No fault insurance cover:

This is a general cover that pays in the event of an accident without considering who is at fault. It is however not available in all the states across the country. It is optional and is not necessary if a car owner has another insurance policy.

Compare Rates

It is easy to get lost when shopping for a car insurance cover. That is why it is important to get quotes from different car insurance companies before choosing which one to work with. It is usually a very important step to consider whether you are looking for health insurance or car insurance. We will provide with all the necessary information you need to help you compare different affordable car insurance.

Most people looking for car insurance companies usually fall into the trap of falling for the best advertised or popular insurance company that may not be as suitable for your needs. Comparison is what will save you from making a choice that may be regrettable in the future.


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