Most people know that they need car insurance, but not many people know their options. If you want to learn about the different types of auto coverage, read on.
Types of Car Insurance
There are five types of auto insurance coverage: liability, collision, comprehensive, medical, and uninsured/underinsured protection. Each one is there for a different reason and has a specific function in helping you return to stability after an accident occurs.
1. Comprehensive Coverage
Comprehensive coverage is for damage that occurs to your car, not resulting from an accident. For example, this includes hail damage or theft.
2. Medical Coverage
If you are injured in an accident, medical coverage will help pay for your injuries and get you back on your feet quickly. It can cover doctor and hospital costs, ambulance services, and even rehabilitation.
3. Uninsured/Underinsured Motorist Coverage
This coverage takes care of you if you are hit by a driver who doesn’t have any insurance or not enough insurance to cover your bills. It can pay for medical costs, lost wages, and compensation for pain and suffering.
4. Liability Coverage
The first type of coverage is liability insurance. This covers you if you are at fault for an accident that causes bodily injury or property damage to another party. This includes medical bills, lost wages, pain, suffering, or other costs associated with the accident.
5. Collision Coverage
The next type of coverage is accident-related, which is called collision insurance. A collision occurs when your car strikes something, like another vehicle or a tree. While your liability coverage will help you pay for damages that result from an accident that is your fault, collision coverage pays for damages to your car resulting from the accident.
There are many types of auto coverage, and it is vital to understand what each one does. Karla Salmon Insurance can help you find the best insurance for your needs in Oviedo, FL. Call Karla Salmon Insurance today for a free quote.