If you’re shopping for auto insurance in Cullman, AL, you may already know how it works in general, but do you know the six basic types of vehicle insurance? Knowing the different types of auto insurance policies, what they cover, and how they work is an important step in helping you determine the best policy for your unique situation. Here are the basic types of common auto coverage Insurance Solutions Inc. offers.
This type is coverage is legally required in most US states in order to drive a vehicle. Liability insurance may cover personal injuries and property damage to others you are determined to be legally responsible for as a result of a covered event.
This insurance may cover damage, repairs, or replacement in the event your vehicle is damaged or totaled during a covered accident involving another vehicle.
A comprehensive auto insurance policy may pay for damage your car sustains due to a collision with another vehicle as well as expanded coverage for other damage caused by weather events, vandalism, collisions with animals, and more.
Uninsured/Underinsured Motorist Insurance
Many drivers choose to carry the minimum required liability coverage, or fail to carry any insurance at all. Underinsured motorist coverage will protect you in the event that the other party’s insurance policy won’t cover the costs resulting from an accident, and uninsured motorist insurance covers both you and your vehicle in incidents involving uninsured drivers and hit-and-run events.
Personal Injury Protection Insurance
This insurance may provide coverage for certain medical expenses and income loss that results from a covered incident. Depending on your policy limits, it could cover up to 80% of your medical and other expenses that stem from a covered accident.
Medical Payments Insurance
A medical payments insurance policy can help you pay expensive medical costs resulting from a covered accident, no matter which party is at fault.
If you don’t have auto insurance coverage currently, it’s crucial to get a policy in place as soon as possible. For more information about the types of insurance described above, and for guidance finding your perfect auto insurance plan, call the Cullman, AL automotive insurance experts at Insurance Solutions Inc. today.