Making sure that you have adequate coverage for anything life throws your way is perhaps the most important aspect of choosing a quality auto insurance policy. In many cases, this will mean the need to purchase add-on coverage in addition to the liability coverage that your state laws require. Read on to learn more about three types of additional coverage you will want to consider when purchasing your next car insurance policy.
Collision Coverage
Assuming you don't want to get stuck paying for any damage that is done to your own vehicle if you are ever found to be at fault for causing an auto accident, you will want to consider adding collision coverage to your policy. The way collision coverage works is really quite simple. When an auto accident occurs, responding law enforcement officers and claims adjusters at the insurance company will determine who is at fault for causing the accident. If you are found to be at fault, collision insurance provides you with the ability to file a claim to have the damage to your vehicle repaired. If your claim is approved, your collision coverage will pay for the amount of your repairs minus any deductible which is associated with your policy.
Comprehensive Coverage
Severe weather, vandalism, and road hazards all have the ability to damage your vehicle even if you are never involved in an accident. If your vehicle is damaged in this way, having comprehensive coverage will allow you to get the necessary repairs without having to pay for these repairs out of your own pocket. Comprehensive auto insurance also provides coverage in the event that your vehicle is stolen and law enforcement is unable to recover the vehicle or if damage was done to the vehicle during the time it was missing.
Uninsured Motorist Coverage
According to both state and federal laws, all vehicles that are on the road should have an active insurance policy associated with them. The problem is, despite these laws being in effect, there are still many drivers on the road who do not have a valid auto insurance policy. Being involved in an accident when the other driver does not have insurance can be a serious financial burden if you do not have uninsured motorist coverage. This is because in the absence of uninsured motorist coverage, you will not be able to file a claim with your own insurance agency despite the fact that the other driver does not have an insurance company for you to file a claim with.
To learn more about auto insurance, contact an insurance agent in your area.
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