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Main Types Of Car Insurance Policies

Check the main types of car insurance policies and get cheap liability auto insurance quotes. Here are the main coverage types:

Liability Coverage

auto-insurance-quotesLiability insurance covers bodily injuries and property damage incurred by other drivers and passengers (even pedestrians) if you are liable for causing a car accident. It does not pay for injuries or damages that you sustain as a result of the accident. States that require car insurance will usually have a statutory minimum level of liability coverage.

Collision Coverage

If you’re involved in an accident while driving your vehicle, collision coverage will pay to repair or replace it, regardless of who was at fault. This coverage will apply if your accident involves another vehicle, you hit a stationary object, or your vehicle rolls over.

Comprehensive Coverage

Comprehensive coverage exists to cover damage to your vehicle resulting from other events than collisions with a vehicle. Comprehensive coverage will pay for repairs necessitated by things like flood, earthquake, storm, fire, animal attacks, riots, vandalism. Additionally, comprehensive coverage will reimburse you for a stolen car.

Uninsured/Underinsured Coverage

If you’re in an accident with another driver who is at fault, but who has no (or not enough) car insurance to cover your losses, your UM/UIM coverage will kick in and make up the difference when it comes to your injuries and damage to your vehicle. Uninsured/underinsured motorist coverage is available as an extra to your basic coverage.

Personal Injury Protection (PIP)

Personal injury protection, also known as PIP or no-fault car insurance, will pay for the medical expenses of you or anyone else covered by your policy — usually that means family members and anyone riding in your vehicle who has no car insurance of their own. PIP (which is a requirement in no-fault car insurance states) applies regardless of who caused the accident.

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