If you own a car, you are required by law to maintain liability coverage to help protect other people who may come to harm because of your actions on the road. Though this is the only coverage that is mandatory, it’s recommended that you purchase additional coverage to protect yourself and your investment in your car as well. Below is a list of standard coverages that are available from most insurers:
- Liability coverage: Covers third parties who suffer property damage and/or bodily injury as a result of your actions behind the wheel. This includes the costs of repairing or replacing a damaged vehicle, medical expenses associated with any injuries and legal expenses required for settlement.
- Collision coverage: Covers your vehicle if it is damaged or destroyed in a collision. This includes the cost of repair or replacement after you pay the deductible. Depending on your policy, it may also include the cost of a rental car while your car is undergoing repairs.
- Comprehensive coverage: Covers any damages to your car, whether repair or replacement, that result from events other than a collision. This includes fire, hail, severe storms, other weather events, theft and vandalism.
- Uninsured/underinsured motorist coverage: Covers any damages to your property or bodily harm you come to as a result of a collision with an at-fault driver who is uninsured or underinsured.
- Medical expense coverage: Covers the cost of necessary medical treatment that results from a collision.
Your agent can help you select the coverages that meet your needs and offer you quotes from a wide network of trusted insurers to get you the right car insurance policy for the right price.