CAR AND AUTO INSURANCE : Types of Auto Insurance Coverage Explained

A question you might ask yourself is: why must we carry auto insurance? Hopefully one answer you should hear is to protect yourself and your car. For those same reasons the government also requires you to have car insurance.

Each state requires you to carry at least the minimum requirements. Every state has different limits and deductible requiremetns. Our sites explains every requirement and handles it all when you are quoting and purchasing through our site.

There are many different types of auto insurance coverage to choose from, depending on what you want covered and what you can afford. Where should you get started?

First you should ask yourself if you have enough coverage in case of an incident occurring. Besides the minimum requirement coverage previously mentioned, there is another type of coverage that is very important, bodily injury.

Bodily injury coverage is not required by the state of Florida until you get into an auto accident. This would cover you if you were at fault in an accident and the person in the other vehicle suffered injuries exceeding their personal injury coverage. If you did not have this coverage the other party has the right to sue and the state may place a financial responsibility on your motor vehicle report, which you would have to carry for 3 years. That financial responsibility is called an SR22.

Uninsured motorist is another coverage you may want to consider. Uninsured motorist covers you if the other party was at fault and you were injured (exceeding your personal injury coverage) and they did not have bodily injury coverage. You may use this coverage to cover the difference of your injuries.

There are two more very important types of coverage that you might want to explore they are: comprehensive and collision.

Comprehensive coverage would cover your vehicle in the event of fire, theft, vandalism, hail storm damage or any natural causes minus the deductible you agreed upon when purchasing your insurance.

Collision coverage would cover physical damage to your vehicle, if you were at fault in the accident, minus the deductible. The insurance company would pay the actual cash value of your vehicle. If your vehicle is financed comprehensive and collision coverage are possibly are required by your lending institution.

Extra medical payment coverage can also be provided if you are interested and the list goes on. All types of coverage are important but the reality of it is, what we can afford? Keep in mind your life and your family is very important so having insurance should be one of your main priorities.

With the web easily accessible you have a vast amount of knowledge at your fingertips to help you choose the best coverage for you and your lifestyle. Life is too short, get good advice and get the right insurance coverage for you and your family.

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