A common misconceptions flow through many must individual one find the bare-bones, cheapest car insurance quote and hope they never get in an accident to save money, or get full coverage insurance to fully protect their For example, if you think that your self a fairly safe is a good idea to have a happy medium between the two. This particular combination protects you from bodily injury costs, vehicle repair costs, keeps you safe from lightning or a broken windshield and protects you from uninsured motorist. To top it off one should always keep a towing package as well. Towing packages are often extremely cheap and providing affordable peace of mind when towing is nee ded.
Here is a breakdown of basic types of car insurance. It is a breakdown of basic types of car insurance to help you decide on which type of car insurance is best tailor to your needs:
1. Uninsured Motorist - This is a must. This type of insurance in case of the other driver driving illegally without car insurance. This protects you in case you can not pay for damages out of pocket.
2. Bodily Injury Liability - This is also a must. This type of insurance is required against injury to those who may have injured in an accident.
3. Property Damage Liability - This type of auto insurance protects the property of third-party individuals whose property may have been damaged by an accident.
4. There are two types of insurance protections against you Collision and Comprehensive. Collision covers your vehicle in case of an accident. Comprehensive covers when a collision is not involved, ie. A broken windshield or a tree falling on your car during a storm.
5. Medical - this type of insurance covers medical payments to you and anyone else involved in an accident in your own vehicle.
In addition to these, insurance companies frequently add in on the vehicle owner may find valuable, for instance towing. Through understanding what is available and what options you may have, you can get get exact type of insurance that is right for you and save money, time and peace of mind.
