When shopping for car insurance, there are many kinds of coverage to consider. Depending on state laws, some may be required while others are optional. However, if you’re going to put together a comprehensive plan that provides adequate financial security, it’s important to carefully explore all your options and learn how each one can protect you. For more than a century, Hummel & Plum Insurance Agency has been entrusted to help the residents of Chillicothe, OH, with all their insurance needs. Below, they go over some of the most common types of coverage to include in a car insurance policy.
5 Kinds of Car Insurance Found in a Typical Policy
If you’re found responsible for an accident that results in injuries or property damage, liability coverage will pay for the other driver’s medical expenses, lost wages, and repairs to their vehicle. It will also cover your legal fees if you’re sued for an amount that exceeds your policy limits. Ohio drivers are required to carry a minimum amount of bodily injury liability for $25,000 per person and $50,000 for all people injured in a single collision, as well as $25,000 for property damage.
Collision coverage will provide the required funds to repair or replace your vehicle no matter who caused the crash. It will also cover you in a single vehicle incident should you hit an object, such as a curb or telephone pole.
Adding comprehensive coverage to your car insurance policy will help you pay for damages caused by incidents not related to traffic. This may include situations involving vandalism, fire, animals, theft, and harsh weather conditions.
4. Personal Injury Protection
Personal injury protection can vary greatly from state to state in what it covers. Although this type of coverage isn’t required in Ohio, many drivers choose to add it to their policy because it can be used to take care of any medical bills you and your passengers incur in a collision regardless of who was at fault, and in some cases, it will also cover lost wages.
5. Uninsured/Underinsured Motorist
Uninsured/underinsured motorist coverage is designed to protect drivers from other motorists who don’t have insurance or are insufficiently covered. This means if you’re in a crash with someone that can’t cover the damages they cause, your policy will cover the gap.
It’s important to become familiar with all the different types of car insurance coverage available so you can easily identify which ones you need. An experienced insurance agent will be able to accurately assess your situation and guide you through the shopping process to create a policy that gives you peace of mind. Contact Hummel & Plum Insurance Agency at (740) 773-1620, or visit them online to request an insurance quote.