Auto insurance is a complicated matter. Many people have an insurance policy but do not exactly understand how they are covered or what they will do if they find themselves in the position of needing to utilize their insurance. Discover the basic types of car insurance and find out how to obtain the coverage you need for your particular situation.
- Bodily Injury and Property Damage Liability Coverage – Bodily Injury pays out if you cause an accident with injuries. Property Damage covers the damages when you are at fault in an accident and you damage someone else’s car or property. It's subject to the policy limits you purchase.
- Collision Coverage – This is the basic insurance type that covers your vehicle if you collide, or run into, something. This covers collisions with other cars as well as if you were to run into a wall, barrier or bridge.
- Comprehensive Coverage – This covers anything that may happen to your car that is not directly related a collision. This would include things such as theft, fire, hitting a deer or vandalism.
PIP & Uninsured Motorist – PIP (Personal Injury Protection) is required in Florida,it pays $10,000.00 for your medical bills and your wage loss regardless of who causes the crash. It is like a small health insurance policy. Uninsured motorist covers your medical bills, wage loss, and money for your suffering after the $10,000.00 personal injury protection is exhausted and after the at-fault driver has confirmed there is no insurance or has offered the very little insurance to pay your bills
Now that you understand a bit more about the different types of auto insurance available, you are probably ready to find the right coverage for you. The best way to do this is to work with an independent agency that will allow you to compare insurance quotes online. By doing this, you can rest assured you are getting the best deal as well as getting the personal attention you need.