Car Insurance
Type of Insurance
Car Insurance
Car Insurance - Stay Protected on the Road
Few things feel as liberating as the open road. But driving comes loaded with responsibilities - not only obeying traffic laws, but carrying adequate car insurance to protect yourself financially after an accident. Understanding required and optional auto insurance coverages empowers smart choices to safeguard your vehicles, property, health and financial future.
Mandatory Car Insurance
Most states require drivers carry a minimum level of liability car insurance. This coverage protects other parties when you are deemed legally responsible for bodily injury or property damage stemming from an accident. Minimum liability limits are shockingly low in many states, putting responsible drivers at risk for out-of-pocket expenses on claims that exceed limits. It's wise to carry more protection than your state legally mandates.
Optional Car Insurance
Beyond mandatory liability insurance, consider these optional coverages:
Comprehensive and Collision Insurance - These optional policies pay for damage to your own vehicle after incidents like theft, vandalism, falling objects, fire, natural disaster, collisions and more.Uninsured/Underinsured Motorist - Protects you and your passengers when involved in an accident caused by a driver with little or no insurance.Medical Payments Coverage - Covers injuries to vehicle occupants at the time of an accident, regardless of fault.Rental Car Expenses Cover – This is a payment for your car-rental to cover until your vehicle is repaired after the damage.Roadside Assistance - Provides towing and lock-out services if you break down away from home.
Carefully evaluate each coverage type to customize a policy meeting your budget and providing sufficient protection for your unique situation.
The Claims Process
If that dreaded accident occurs, report it immediately to authorities and your insurance provider. Cooperate fully by providing all necessary documentation to process your claim quickly and fairly. Communicate any challenges you encounter with adjusters or delays in repairs.
Provide Complete Information
Insurance agents rely on your openness to properly assess risks and recommend appropriate policies and limits. Avoid surprises at claim time by disclosing all details upfront about your driving history, vehicle use, where the car is parked, existing coverage and more. Working collaboratively leads to optimal protection.