Auto insurance is insurance specifically for automobiles, trucks, motorcycles, and other road-going vehicles. Its main function is to offer financial protection against bodily injury or physical damage resulting from road accidents and also against liability which may arise from accidents in a vehicle on the road. The state requires every motorist to have a minimum amount of auto insurance as a condition of being permitted to drive a motor vehicle on public roads. At minimum, every driver must have liability insurance.

auto insurance

Auto insurance coverage comes in many forms. It can be in the form of bodily injury and property damage coverage, which cover the expenses for treating an accident victim, medical bills, and other expenses relating to an accident. This coverage may also cover the cost of repairs to other vehicles and personal property involved in the accident. There may also be uninsured/underinsured motorist coverage, which compensates the other party for any injury or property damage that they suffer as a result of being injured by a driver who does not have sufficient insurance to compensate for such damage. Underinsured motorist coverage may also come into play if the at-fault driver has no insurance on his or her vehicle.

Collision and comprehensive coverage, meanwhile, are both comprehensive in nature. Collision coverage provides coverage in the event that your vehicle gets damaged in a collision with an insured vehicle. Comprehensive coverage pays for damage that occurs to the contents of your car and other things lying in the car at the time of the accident. Both of these types of car insurance policy cover the same basic items; only the terms are different. If you are interested in adding additional coverage to your car insurance policy, discuss this with your agent.

In addition to bodily injury liability coverage, there are also several additional types of liability insurance that you may want to consider. The first is property damage liability coverage, which will pay the cost to repair or replace your vehicle if it is damaged because of vandalism or theft. Another type of liability insurance to consider is personal injury protection (PIP), which pays medical expenses resulting from an automobile accident up to the limits of the PIP policy. One of the most common types of insurance purchased by consumers is uninsured motorist coverage. Uninsured motorist coverage doesn’t pay for damages to your vehicle or injuries to you or others in an accident, but it does provide coverage in the event you are at fault but don’t have enough insurance to cover the damages or injuries. This insurance can be a good idea, if you have a clean record with no traffic violations or accidents, and don’t own expensive or valuable assets that might be at risk if you get into an accident.

Auto insurance covers you for accidents that are deemed “unusual”. These can include vandalism, collision, hit-and-run accidents and rollovers. These events are all classified as “unusual”, which means that the odds of you being involved in one of them are slim. However, if your vehicle is hit by a vehicle that is moving in the same direction as yours when it hits you, it could still qualify for unneeded coverage. If your vehicle is vandalized, it can sometimes be covered with a windshield replacement or repair, which will be reflected on your insurance policy.

If you own a boat or other watercraft, you may want to consider purchasing additional coverage for that as well. Many policies only cover car insurance when it comes to damage to the actual vehicle itself. Watercraft coverage will help you repair or replace your boat or watercraft if it’s stolen, damaged or destroyed in some other way. It will also provide coverage for damage to the owner’s property, such as furniture or other belongings. If your boat is stolen or vandalized, the loss will be covered with your boat insurance policy, not your car insurance policy.

When it comes to medical costs, different medical situations will entitle you to different benefits. For example, you might have a disability and require coverage to assist you with living expenses and working. On the other hand, a DUI will likely result in court fines, jail time, substance abuse programs, auto impoundment, loss of license, and registration fees, among other things. There are even programs that allow you to pay your debts and medical bills through the use of cash from your car insurance cover.

You may be able to save money by avoiding having uninsured motorists on your policy. By keeping a good driving record and being a safe driver, you can avoid increasing your rates. It is also important to remember that even if you are found at fault for causing an accident, you will not be held responsible for damages to another person’s vehicle or damage to their vehicle. Therefore, if someone has an insurance policy and it was paid in full before your accident, it doesn’t make sense to cancel it because you had a few too many drinks and ended up getting in a fender bender.