When you take up cheap auto insurance, you are essentially purchasing coverage for yourself and anyone else that you have listed on your policy. This could be your spouse, children, or other family members. Your policy offers coverage whether you are driving your car or someone else’s vehicle, and also provides coverage to anyone who is not on your policy but drives you vehicle with your consent.
Having said that, there are many different types of policies, and each offers different types of coverage. Below is a quick guide of the most common types of coverage offered by car insurance companies?
Auto Liability Coverage
Auto liability coverage is specifically designed to cover you if you’re found to be at fault in an accident. It typically covers damage to objects and other cars beside your own, not forgetting injuries to other drivers and any passengers they may have in their car. This coverage is also designed to cover you if you’re sued to your role in an accident. This is the type of insurance that most states require drivers to carry.
Comprehensive Coverage
Comprehension coverage is meant to provide you with protection against events that are beyond your control. Some of the most common examples include damage from falling trees or branches, vandalism, theft, windshield damage from rocks or debris, to mention a few.
Broken glasses are some of the most common claims made under this type of coverage. With this in mind, it is essential to understand whether or not your auto insurance policy includes a glass deductible that you might need to pay out of pocket before coverage kicks in.
Uninsured or Underinsured Motorist Coverage
In the event that you’re involved in an accident with an uninsured or underinsured motorist, this is coverage is perfectly designed to protect you from out-of-pocket expenses. Uninsured motorist bodily injury covers medical bills you or your passengers may receive, while uninsured motorist property damage coverage covers damage to your vehicle. Some states require you to carry this type of policy as well as liability coverage. Be sure to do your homework before taking up cheap auto insurance coverage.
