Auto Insurance - What's In Your Policy?
While thinking about wrecking your car probably isn't the most pleasant thought, it is important to purchase auto insurance so you will be compensated for your losses and have funds secured for those unforeseen events.
The value of auto insurance cannot be stressed enough. If you are an uninsured driver involved in an accident, you may face thousands - possibly millions - of dollars in expenses, depending on the severity of the situation.
So you've purchased auto insurance. That's good. Even more important, however, is knowing what that auto insurance covers if you are involved in a wreck or find your automobile broken into.
There are several types of personal auto insurance coverage. While you are not required to purchase all of the offered coverages, most states require you buy a few of them. Let's examine some of the coverages you might find in your personal auto insurance policy:
The basics of auto insurance include liability, property, medical and under/uninsured motorist coverage.
Liability coverage pays for bodily injury or property damage claims to those you are legally responsible for. This coverage takes care of the damage you cause to someone else or his or her property.
Property coverage compensates for damage to or the theft of your car. Two types of property coverage include collision and comprehensive.
Medical coverage is responsible for the treatment of injuries to the driver and passengers of the policyholder's car. Coverage is provided regardless of whether the individual is a passenger or struck as a pedestrian.
Uninsured motorist coverage reimburses you if you are hit by an uninsured driver. Underinsured motorist coverage provides compensation if the party at fault does not have adequate coverage to pay for your entire loss.
These are just a few of the coverages that might be found in your personal auto insurance policy. Do you know what's in your policy? If not, it might be a good idea to take a look and understand the ways you, your car and your loved ones may or may not be protected.
Related Tags: insurance, premium, auto insurance, car insurance, insurance premium, automobile insurance
HometownQuotes, a Franklin, Tennessee company, provides a quick and easy way for consumers to compare multiple insurance quotes. To learn more, visit http://www.hometownquotes.com
Your Article Search Directory : Find in ArticlesRecent articles in this category:
- The Benefits Of Comprehensive Car insurance
In the United States, every car that is driven on public roads, highways or freeways need to have ca - The different parts to an Car Insurance Policy
Car insurance is the most bought type of insurance in the United States of America. The country has - Automobile Insurance Quotes - Your Ticket To Massive Savings
If you want to make the most remarkable savings in your automobile insurance, you'll have to underst - Questions To Ask About Your Car Insurance Quote
The first thing you need to know about your car insurance quote is how they figure your credit ratin - Auto Insurance - The Consumer's Guide
1. Obtain your agent or brokers licensing information to make sure that you are buying auto insuranc - Your Credit Affects Your Auto Insurance Quotes
Your credit information plays are a part in your auto insurance quotes. If you have bad credit, the - Defensive Driving - Can be Done from Home!
Defensive driving course is designed to teach drivers the laws, rules and safety of driving an autom - Pssst - Want To Know A Secret That Banks & Car Insurance Companies Don't Share With You?
Every single driver in the U.S. is required to have Car Insurance. And most of us drive around conf - How to Find the Best Rates on Automobile Insurance in Arizona
Finding the best insurance rate for your Arizona automobile does not have to be a difficult task. T - Cheap Car Insurance If You're A Teenage Driver
Getting cheap car insurance if you are a teenager or young driver can seem impossible. Unfortunately
Most viewed articles in this category:
- What is 'GAP' Insurance
GAP INSURANCE Suppose you just got into an accident and wrecked your two-year old car. Are you as - Cheap Car Insurance Quote: Get One Now For Free!
Finding a cheap car insurance quote requires lot of research and investigation. No doubt many compa - Student Car Insurance: Drive with Minimum Risks
Lots and lots of students are going to the university in their own cars. Life of a student is an age - Online Auto Financing Saves Time and Money
Getting online auto financing has become very popular in the past few years. According to a recent s - Arizona Car Insurance: The Minimum You Should Know When Getting Quotes
When shopping for an Arizona car insurance quote online, keep in mind the state requirements for aut - No Fault Auto Insurance
No fault insurance applies to state in which an insurance company will pay for minor injuries result - Beware 9 Lies Auto Insurance Adjusters Might Tell You
How can you tell if an insurance adjuster is lying? Answer: Look and see if his/her lips are moving! - What To Look For In An Auto Insurance Company
Since almost all the states require that you have auto insurance, the question should not be whether - California Car Insurance: The Minimum You Should Know When Getting Quotes
When shopping for a California car insurance quote online, keep in mind the state requirements for a - The Truth About Mexican Auto Insurance
The fact of the matter is that if you get into an accident, there is a VERY high likelihood that you