Auto Insurance

3 Kinds of Coverage Every Auto Owner Should Have in Their Policy

The road can be a host to adventure, however it can also be fairly dangerous. Every auto owner should have liability, comprehensive, and collision coverage within their policy–here's why. 

Life may take some pretty unexpected turns; some are great while others are full of nerve-wrecking risks and accidents. When you are on the highway, who knows whenever you can experience one of these simple unexpected turns and get hit out of nowhere by another car. 

In florida, you are necessary for law to possess some sort of current auto insurance. However, one unfortunate situation that sometimes occurs after automobile accidents is realizing your coverage doesn't actually cover you at all.

Deciding which coverage you should have could be a bit confusing if you don't know what to look for. Every auto owner should have the next three basic kinds of coverage to become financially protected in case of any sort of accident, covering you, your car, your passengers, and also the body else(s) involved. 

#1 Liability Coverage

Liability coverage is two-fold and really should include bodily injury liability and property damage liability. This coverage covers the expense for repairing the other driver's car and any related lost wages or hospital bills, assuming you are at fault. However, it does not protect your personal property damages or bodily injury resulting from the accident–if it is your fault.

#2 Collision Coverage

Accidents will likely happen, regardless if you are to blame or otherwise. While liability financially safeguards you from expensive property damages or bodily injury payments for the body else(s) involved, collision coverage covers you, your passengers, and the vehicle involved in the accident. 

#3 Comprehensive Coverage

Comprehensive coverage covers the cost of damages, caused by fires, storms, wind, hail, theft, vandalism, etc. It essentially covers any damage outside of any sort of accident or collision.

This kind of coverage typically extends outside your own vehicle to incorporate temporary cars, newly acquired cars, and cars you’re driving but aren’t owned by anyone in your household.

You'll still need to select the right deductible for your specific needs and, like most deductibles, the larger the deductible, the lower the premium.

What Coverage Are you going to Choose?

If you have now car insurance and want to see everything your policy includes, carefully review your policy's declaration page. It summarizes your whole policy, including the amount and length of coverages, deductibles, premiums and more.

If you want to update your policy or find out if there is a better deal with better quality coverage, contact Insurance. We'll provide you with competitive quotes and help help you find the best coverage for the lifestyle and budget.