Car Insurance Coverage Types
Depending on where you live some of these coverages are mandatory and some are optional.
Car insurance coverage types. Liability coverage is required in most us states as a legal requirement to drive a car. Your car insurance company uses an sr 22 form to prove to the state that you are carrying the legally mandated coverage you need to drive. What are the different types of car insurance. If you dont it is possible that you will not have the coverage you need or maybe even worse will be paying for coverage you will never use.
Getting the right auto insurance coverage like liability collision and comprehensive can pay off later. The various types of car insurance coverage are available to help protect you your passengers and your vehicle if youre involved in a car accident. Auto liability coverage uninsured and underinsured motorist coverage comprehensive coverage collision coverage medical payments coverage and personal injury protection. An sr 22 is a form that your car insurance company files on your behalf with the state typically after youve been convicted of a major violation not a type of insurance.
If you decide on this coverage itll pay up to 25 more than your cars actual cash value to help you take care of your loan or lease. A comprehensive insurance coverage will include all kinds of risk factors that are associated with your vehicle driver passengers third party vehicle third party driver third party vehicle passengers and third party property. Car insurance coverages in order to be an educated consumer you will want to research all the types of auto insurance coverage before you decide what you need to buy. Collision insurance may cover damage to your car after an accident involving another vehicle and may.
Full coverage car insurance means something different to everyone but it usually includes protecting your vehicle with comprehensive and collision coverage. Coverage options for your injuries and vehicle. Six common car insurance coverage options are. Learn more about different types of car insurance.