Many people quickly buy auto insurance policies because they have to, but these policies are complex and it is best that you understand all the different types that companies offer. Below are some of the basic parts of auto insurance policies that we believe everyone should know and understand.
This covers any injuries and property damage to others as a result from a covered accident that you are legally responsible for. This is required in most US states.
This helps repair/replace any damage to your car following an accident with another vehicle.
This is additional coverage for your car outside of an accident with another vehicle. This insurance covers any damages from vandalism, certain weather events, and several other miscellaneous events.
Underinsured Motorist Insurance
This protects you from the event of an accident with a driver whose insurance does not cover the costs. This happens often as many drivers choose the minimum liability coverage to save money.
Uninsured Motorist Insurance
This protects you against uninsured drivers and hit-and-run accidents.
Medical Payments Coverage
This coverage helps pay any medical-related expenses related to a covered accident, regardless of who is at fault.
Personal Injury Protection Insurance
This helps cover personal medical expenses and loss of income resulting from a covered accident.
Rental Reimbursement Insurance
This helps pay for a rental car if your vehicle cannot be driven following an accident.
There are obviously more types of auto coverage not listed in this article, but these are some of the most popular inclusions. Learn more about auto insurance by contacting one of our risk managers!
Let Nottingham Insurance be there for you when life happens. Call us at (877)999-1886 or email us at email@example.com.