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Car Insurance: Types of Insurance You Need to Understand
by: Sara Chambers
America has become a culture of cars, SUV's, minivans and sports coupes. With
all this traveling in and out, back and forth around the maze that is the United
States infrastructure, its easy to understand why auto insurance is required
in order to own an operate a car. For car buyers, an effort needs to be made
on the part of insurance companies to provide information on the different types
of auto insurance available. These include bodily injury and liability, collision,
comprehensive, full glace, liability, medical coverage, personal injury protection,
and underinsured or uninsured motorist.
Liability insurance coverage is imperative to have as a driver. This insurance
covers any injuries or damages to property that may occur during an accident.
Two types of liability include bodily injury liability insurance and property
damage liability insurance.
Medical insurance is different in that it focuses on the driver and passengers
of the car. This will cover any medical treatment for the driver and the passengers.
In addition, the medical insurance may or may not offer disability insurance
and pain and suffering compensation.
Uninsured or under-insured drivers insurance will pay any costs that you or
your passengers may experience if an accident should occur with a driver who
is uninsured or underinsured.
Collision insurance deals with the cost of damage caused by a collision to
your car that may affect the book value. Comprehensive deals more with damage
caused by vandalism, natural disasters, theft or other kinds of damage.
There are several other types of car insurance. These include glass replacement
insurance, towing insurance etc. These types of insurance are often not required
and are not popular as they are often costly.
Now that you know what types of car insurance are out there, the next step
is to find a credible insurance agent. The first place to investigate this is
through family and friends. Referrals will help you sort those agents that you
want to investigate further. You will want to speak with several different agents
before you make your final decisions. Ask any and all questions you may have.
That is what the agent is there for.
This article was posted on January 30, 2006
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