Shopping for auto insurance can quickly turn into a challenging task once you realize how many options there are to choose from. Selecting the right policy should be based on much more than price because you also want to make sure you are adequately covered. Although you only purchase one policy, there’s a good chance it will include more than one type of coverage. To ensure their clients have all the protection they need, the professional insurance agents at Albers Insurance Agency take the time to explain the differences in coverage before a final decision is made on what to purchase. 

Below, the Cincinnati, OH-based insurance agency goes over some of the most common types of auto insurance and what they are designed to cover:

• Liability: Most states require drivers to have some form of liability coverage. This covers both bodily injuries and property damage if you are found to be at fault in an accident. It will pay for the other party’s medical bills and vehicle repairs, but will not pay for injuries you or your passengers sustain or to get your own car fixed.  
• Collision: Collision coverage will provide the funds necessary to repair your vehicle’s damages whether you hit another car or an object, such as a tree or building. It will also cover you in the event your car is totaled, paying out its value. Though collision auto insurance may not be required by the state, you will likely be obligated to buy it if you lease or have a car loan.
• Comprehensive: Comprehensive coverage offers protection for losses that aren’t the result of a collision. This includes theft, vandalism, natural disasters, and falling objects. You will also be covered if you hit a wild animal. This kind of insurance is typically optional unless you finance or lease your vehicle.
• Uninsured/Underinsured Motorist: Unfortunately, not all drivers follow the law and purchase auto insurance or invest in a sufficient amount. If you are involved in an accident caused by a driver that this applies to, having uninsured/underinsured motorist coverage on your policy will make up for their lack of insurance. This will help pay for your expenses related to injuries and car repairs.

The more you understand about the variety of coverage options available to you, the easier it will be to put together an auto insurance policy that can properly protect you. Contact Albers Insurance Agency at (513) 891-3304, or visit them online for additional information.