Love is the only risk that has no insurance at all, for everything else you have a variety of choices. and when it comes to auto insurance, rest assured of getting different options to insure your car in a better way.
You can choose the coverage which best suits your needs. But before doing that you are required to buy Minimum Liability Insurance as mandated by your State. This is something you need in order to drive legally.
Your respective State may ask you to buy any of the following coverage options. Even if the State doesn’t make it compulsory for you to buy all types of insurance options, you should always decide your insurance policy on your needs rather than only on what the State demands from you.
1> Bodily Injury Liability
This coverage will help you cover the expenses of any injury that you caused to others while driving. This means that you can avail this coverage only when you are at-fault for causing the accident. This coverage will also be useful for paying any legal expenses in case a victim sues you.
2> Property Damage Liability
This coverage will pay for any damage that you cause to the property of others. It is a surprise to many but you should know that this coverage will not only pay for any car damage, but also if you damage anything else like a fence, a tree, a mail box, etc.
This coverage will pay for repairs and labor cost for repairing the car and any replacement cost, if any, for replacing any valuables in the damaged car. Most States have these two coverages as a part of mandatory/minimum liability requirements.
3> Uninsured/Under Insured Motorist Insurance
Even though it is mandatory that you buy auto insurance, few people either don’t have enough resources to buy or simply have inadequate insurance to cover your expenses in case they are at-fault for causing the accident. So in case you sustain injuries caused by an uninsured/under insured driver, this coverage will help you cover the expenses. Keep in mind that it will only pay for the bodily injuries and not property damage.
4> Collision/Comprehensive Coverage
Both these coverages are useful when you need to cover expenses of your car damage. collision coverage will pay for any damage to your car due to collision.
The comprehensive coverage is something which will cover damages caused by almost all the causes other than a collision. So if your car is damaged due to the following reasons then this coverage will come to your rescue.
>> Auto theft
>> Impact due to animals
>> Hail, flood fire, etc.
5> Personal Injury Coverage
This coverage is also called Personal Injury Protection or PIP. It is a no-fault insurance and will cover your medical expenses no matter who is at-fault. Insurance companies will reimburse only that expenses which they think as ‘reasonable’ so before you sign the dotted line, make sure you know which expenses will be covered by your insurer.
All these are only a few of the many coverage options that you can buy as a part of your policy. Understanding them will surely help you decide if they satisfy your needs or not.
For complete and detailed information about Auto Insurance in the United States, visit http://www.ultimateautoinsurance.com – It will definitely be of assistance in understanding auto insurance in a superior way.
Have a great shopping experience.All the best!!!