You will hear 3 types of car insurance. You will get quotes based on what type of coverage you want. There are many different plans out there and all have different minimum requirements. You will be able to compare plans from many companies so that you can find the coverage you need at a price you can afford. If you currently have insurance with one company, it is a good idea to compare the rates for other companies as well. You may find better coverage and save money in the process.

3 types of car insurance

The first type of car insurance is comprehensive insurance. This will cover the majority of damages to your car. If you get into an accident and it was due to negligence or criminal activity, you can get compensated for it. These are the most expensive plans and you will usually only get the coverage you need.

The next type of insurance is liability insurance. This will not cover the repairs to your vehicle but will protect you from lawsuits that result from accidents. This type of plan is required if you live in some parts of the United States. It does not cover damages done to other people or property. In most cases, you will also need to have uninsured motorist insurance, which will cover you in case someone drives an uninsured vehicle and has an accident with you.

Another type of coverage you should have is collision coverage. This will pay for damages to your car in case of an accident. If you have an expensive car, you will probably need this coverage so that you can replace your car.

Comprehensive insurance requires that you have other types of insurance as well. This plan is recommended for people who drive fancy cars or who drive in high risk areas. This type of insurance is expensive, but you need to have it so that you do not get stuck paying for someone else’s medical bills or damage to their car. If you do not have this coverage, you could be sued by someone who was in an accident with you and was injured because of your reckless driving.

You also need liability coverage. This will cover any damages that are done to another person or their car if you are at fault in an accident. This type of policy usually covers medical payments, but some companies also include funeral costs and lost wages. It is usually inexpensive to get this coverage, but you will want to make sure that you get enough to cover all of your losses. If you own a sports car that goes fast, you might want to consider getting a comprehensive policy so that it covers everything from damages to the car itself.

Finally, you should consider collision car insurance. This will cover repairs to your car if you hit something while driving. Some car insurance companies will cover only the car itself, so you have to purchase additional coverage for damages to other cars. This is the most minimal type of coverage, and you will probably want to get this as a minimum requirement if you own a car. It can save you hundreds of dollars a year.

Now that you understand the 3 different types of car insurance, you should be better able to decide what is best for you. If you have a new car, you may want to get comprehensive insurance, but if you own an older car that is paid off, you should probably go with liability only car insurance. If you drive frequently and own a brand new car, you should probably have both collision and liability auto insurance. Make sure that you understand the different levels of coverage before you buy your policy.