We all know that we need car insurance. The question is – what kind? Determining what type of car insurance you need to purchase will help get you on the right road.
There are three main types of car insurance you should educate yourself about – liability, collision and comprehensive. So what is the difference between them?
Liability coverage protects you against damage you cause to other drivers and their property. Thus, this is the bare minimum type of coverage you should have.
Collision is all about damage to another vehicle. If you crash and want to be reimbursed for damage caused to your vehicle or by another person’s vehicle, you need collision. Even if a deer jumps out in front of you and causes an accident, this type of coverage will help you get your car repaired.
Comprehensive coverage is just that – it will cover you completely for every scenario you might encounter. This type of coverage includes fire and water damage, as well as vandalism by strangers.
If you have questions about what type of coverage you might need, consult your agent or the car insurance company directly. They will be happy to provide you with quotes for each different type of policy so that you can get exactly what you need at the right price.
Tags: car insurance, collision coverage