The 411 on different types of auto insurance
Marcus Dubois
Apart from a handful of states, all the others require a minimal amount of liability insurance. This type of insurance is mainly meant to protect the occupants of the other car when you are responsible for any damage. It covers their medical bills and car repair but not you or your vehicle. For yourself, the insurance you need is comprehensive or collision insurance.
Auto insurance quotes for collision insurance are much higher than liability insurance mainly due to the fact that the coverage is a lot more. It pays for the repairs required for your car as well as your medical bills irrespective of whether or not you were at fault in an accident. Comprehensive insurance covers a majority of other kinds of damage to your vehicle including fire, vandalism or natural disasters.
Based on the particular circumstances, various deductibles can be opted for that will alter the total estimated annual cost for collision and comprehensive auto insurance quotes.
Medical payment and personal injury protection are also available with some companies. They increase medical coverage and sometimes even cover lost wages, childcare costs and related expenses owing to accidents.
Bodily injury coverage is an important coverage in addition to the minimum requirement coverage. This is for auto accidents where you were at fault and in situations where the injury of the other vehicles' occupants exceeds their personal injury coverage. Lacking this coverage gives the victim of the accident the right to legal action which may result in a financial responsibility being placed by the state on you and your motor vehicle report. This would remain for three years. It is also referred to as an SR22.
Uninsured motorist and underinsured motorist insurance take care of you when you happen to be in an accident with those who either don't have or have insufficient liability insurance.
Rental reimbursement and towing and labor insurance are other additional options. These costs are usually classified as add-ons or endorsements to your policy.
For auto insurance quotes companies require details about driving records, age and duration of a license, apart from inspection of your car for the purpose of certifying it.
About the author:
Marcus Dubois is a veteran in the insurance industry, and recommends LowQuoter to get an an affordable auto insurance quote.
The latest information and news on Car Insurance:
What Car Insurance Agencies To Choose- Is GIECO The Best Auto Insurer For You...
What Car Insurance Agencies To Choose- Is GIECO The Best Auto Insurer For You?
US Life Daily
If you are looking for a good insurance plan provider, you may want to look at as many different insurance providers in order to find the ...
Jerry Brown's Role As Truthsayer Could Give Him The Advantage Over Megabucks ...
Jerry Brown's Role As Truthsayer Could Give Him The Advantage Over Megabucks ...
Huffington Post (blog)
The fact that car insurance is complicated should not prevent voters from being accurately and fully informed about the key components of Proposition 17. ...
and more »
Recalls' effect on insurance won't be immediate - Chicago Tribune
Recalls' effect on insurance won't be immediate
Chicago Tribune
If you own one of the millions of vehicles recently recalled by Toyota, you may wonder whether that will drive up the cost of your car insurance. ...
How Do I Determine What Is The Best Car Insurance Price Quote? - Your Online ...
How Do I Determine What Is The Best Car Insurance Price Quote?
Your Online Insurance News
Choosing the right car insurance policy can be complicated for some people. While many people believe that ...
Easy Steps For Getting The Best Quick Car Insurance QuotesYour Online Insurance News
all 2 news article...
Crist Calls Rubio Out on Car Insurance - Capitol News Service
Crist Calls Rubio Out on Car Insurance
Capitol News Service
Crist is calling into question why the former House Speaker had the Republican Party pay for his car insurance when his minivan was damaged at a political ...
and more »
auto insurance - Google News
Sprint and Walsh Wireless Launch M2M Device to Drive Usage-Based Insurance fo...
Cheaper Car Insurance
Sprint and Walsh Wireless Launch M2M Device to Drive Usage-Based Insurance for ...
MarketWatch (press release)
And furthermore, bring a value added wireless solution to the UBI Auto Insurance and Fleet Management industries." In October 2009, Sprint announced the ...
2 Wireles...
What Car Insurance Agencies To Choose- Is GIECO The Best Auto Insurer For You...
What Car Insurance Agencies To Choose- Is GIECO The Best Auto Insurer For You?
US Life Daily
GEICO is a very highly rated auto insurance provider. Though sometimes you may find a better auto insurance plan within other companies, like Progressive or ...
Competition Can Lead To Cheaper Massachusetts Auto Insurance - OfficialWire (...
OfficialWire (press release)
Competition Can Lead To Cheaper Massachusetts Auto Insurance
OfficialWire (press release)
Prior to 2008, the state of Massachusetts Commissioner of Insurance would set automobile coverage rates under what was known as the ...
and more »
Va. assembly approves bill to bar health-insurance mandate - Washington Post
Washington Post
Va. assembly approves bill to bar health-insurance mandate
Washington Post
They said that requiring health insurance would be similar to requiring a driver to have auto insurance, and that federal legislation would preempt a state ...
Virginia Assembly passes bill that conflict with Demo...
Protests in Favor of Health Reform a Precursor to Massive Change in the ... -...
Reuters
Protests in Favor of Health Reform a Precursor to Massive Change in the ...
Insurance News Net (press release)
One of these will most likely be the auto insurance market, where premiums have increased steadily for the past two years. Rather than wait for Obama to ...
Why insurers don't contr...