When shopping for car insurance, you probably weren’t sure which policy was best for you right off the bat. There are so many types of insurance out there, and it’s difficult to know for sure which one will be the best fit for you. Here is a brief overview of the different kinds out there to help you understand the basics:
Pretty self-explanatory, this insurance covers damages to your car after an accident in which your vehicle has collided with another vehicle.
- Uninsured motorist
If you get into an accident with a driver who doesn’t have car insurance, this will help you pay for damages to yourself and your car. If you are hit by an uninsured driver, the team at Chapman Injury Lawyers is another way to get a settlement against the driver if you don’t have uninsured motorist coverage.
Whatever you decide to go with policy-wise, make sure you’re protected against the other drivers; just because you have insurance doesn’t mean that they do.
- Underinsured motorist
This is often bundled with uninsured motorist insurance. Sometimes the other driver will have a policy that covers the bare minimum for them, and the bare minimum is rarely ever enough to help the other driver. Consider going with this option if you’d like a little safety net in your policy.
- Comprehensive insurance
This is, obviously, the most comprehensive policy. Not only does it protect the driver in the case of a collision with another vehicle, but it also offers coverage in case their car is vandalized, struck by an animal, or is damaged in a weather catastrophe like a hurricane or tornado.
- Liability only
This policy is common for people who don’t want to spend a ton of money on their auto insurance. If the holder of the policy is at fault for the accident, liability only insurance helps the other driver pay for their car and their injuries.
Although this is a common option for many people to go with, its simplicity makes it hard for drivers to get assistance in the case of a freak accident, or accident where they are not at fault but the other driver does not have sufficient insurance.
- Medical payments
Often, an accident results in hospital time for at least one of the parties involved. No matter who is at fault, an insurance policy that offers coverage for medical payments can be a great thing to have because it helps the holder cover medical bills during their hospital stay.
- Classic cars
This is a pretty niche policy that won’t affect most of the drivers on the road. But, if you have a vintage car, this policy helps cover the specific needs of your car that most other policies may not.
Hopefully, this list helped you out a little. One thing to consider is that a lot of the above policies can be combined with one another to create a customized plan that’s right for you! These also aren’t the only policies available, they’re just a few of the many policies that can be bought for a driver.