Main types of auto coverage
Getting the right auto insurance coverage can help ensure you are covered adequately. Auto insurance typically includes several types of coverage, each addressing different aspects of potential financial loss:
- Liability Coverage: Liability coverage helps pay the cost of injury to others and damage to their property when you're at fault. This coverage is required by law in nearly all states.
- Collision Coverage: Collision coverage helps cover the cost to repair or replace your own vehicle when you're at fault. It covers collisions with other vehicles, objects and animals.
- Comprehensive Coverage: Comprehensive coverage covers your vehicle for loss caused by things besides a collision. These include theft, vandalism, hail, fire, and animal damage.
Ensuring Financial Protection and Compliance
Auto insurance not only provides financial protection but is also a legal requirement in most states, ensuring that drivers have the necessary coverage to cover damages and liabilities in the event of an accident. By carrying auto insurance, drivers comply with legal mandates while safeguarding themselves against potential financial losses resulting from accidents or unforeseen events on the road.
Customizable Coverage Options
Auto insurance policies can be tailored to fit the specific needs and preferences of the policyholder, with options for additional coverage such as:
- Towing and roadside service: Towing and Roadside Service provides 24/7 roadside assistance if your car is disabled and helps pay for tire changing, locksmith service and jumpstarts.
- Rental car reimbursement: Rental Car Reimbursement covers the cost of renting a car for up to 30 days while yours is repaired.
- Guaranteed Value™: Guaranteed Value™ pays you a defined, agreed-upon value if your car is a total loss.
- Customized equipment: Customized Equipment covers the cost to repair or replace aftermarket equipment like infotainment systems and custom wheels.
- Collision coverage: Collision coverage helps cover the cost to repair or replace your own vehicle when you're at fault. It covers collisions with other vehicles, objects and animals.
- Comprehensive coverage: Comprehensive coverage covers your vehicle for loss caused by things besides a collision. These include theft, vandalism, hail, fire, and animal damage.
Promoting Safety and Peace of Mind
Auto insurance plays a crucial role in promoting safety and peace of mind for drivers, ensuring that they are financially protected against unforeseen events and liabilities while on the road. By securing adequate auto insurance coverage, drivers can navigate the highways and byways with confidence, knowing that they have the necessary protection in place to mitigate risks and safeguard their vehicles and finances.
