Car insurance can be confusing to figure out. It almost seems there’s an entirely different language for it. This article will cover the basics of automobile insurance so you can start finding a plan that fits your needs.
Liability insurance is required by every driver on the road. This insurance covers the cost of bodily and property damage when you are at-fault in an automobile accident. For example, it covers car repair costs and medical bills.
Collision insurance protects your car even if you aren’t at fault. You will be required to buy this insurance coverage if you lease your car.
Comprehensive coverage can be thought of as anything other than a collision. Theft, a tree branch impaling your window, or the engine blowing are all covered under comprehensive coverage.
Underinsured and uninsured motorist coverage will cover the cost of bodily and property damage when the at-fault driver’s plan either lacks adequate coverage for the damage sustained or insurance entirely.
Personal injury protection will pick up the tab on medical bills, no matter who was at fault. It can also help with lost income due to lost work. Medical payments coverage is required in some states, and is a reduced version of PIP.
Now that you have the basics, it’s time to do some research. Figure out a budget and get quotes from various insurance companies to make the best decision for you.