When you think about auto insurance, it is easy to think about the minimum requirements that most states have in place. The type of auto insurance that is required at a minimum is liability insurance. Although liability is a part of auto insurance coverage, other types of auto insurance are also available. So the question is, what types of auto insurance coverage are available?
This is the type of coverage required to have a licensed driver in most states. Liability insurance covers other people if you are in an accident and are at fault. If you damage other people’s property or someone is injured due to your driving, it can help pay for medical bills, damage replacement costs, and in the event of a lawsuit.
Comprehensive and collision coverage
Comprehensive insurance covers damage to your vehicle in the case of natural disasters, vandalism, theft, and anything that isn’t a collision with another car.
Collision insurance helps pay for damage to your vehicle related to an accident with another car.
Uninsured and underinsured motorist coverage
Sometimes, when you get into an accident, the other driver either doesn’t have enough insurance to cover the damages or does not have insurance coverage. This is where uninsured and underinsured motorist coverage comes in. If the other driver is at fault but doesn’t have the right amount of liability insurance, then your insurance coverage takes care of the damage done by the driver at fault.
Medical payments coverage
Medical payment coverage helps pay for some of your medical costs if you are injured in a car accident. Unlike liability insurance, this coverage type will help pay for medical expenses for you, whether you are at fault or not.
Contact us at The Shay Agency in Wilkes-Barre, PA for more information about auto insurance policies.