Most states legally require drivers to carry some form of auto insurance. However, when you start shopping for coverage, you will quickly find there are a number of options available, which can make it difficult to determine exactly what your policy should be. Every driver has their own unique needs, but the best insurance plans tend to include a combination of the following types of protection.
Different Auto Insurance Options to Explore
At the very least, drivers are responsible for having liability coverage in the majority of states. If a car accident is deemed your fault, this type will cover any bodily injuries and property damage you cause for another party. It will pay for their medical bills and repairing or replacing their damaged property. Additionally, it will help to take care of your legal fees if the crash results in a lawsuit.
Since liability insurance is only designed to cover losses you cause someone else, collision coverage is essential if you want protection to help pay to repair or replace your own vehicle. Without it, you would have to pay for the damages out of pocket if you are at fault for an accident or involved in a single-car rollover.
Life is full of unexpected events, and a car accident isn’t the only risk you face when you own a vehicle. Comprehensive insurance is meant to cover losses you experience because of something other than a collision with another car or object, such as fire, flood, theft, vandalism, a falling tree, or impacts with animals.
4. Uninsured/Underinsured Motorist
Unfortunately, the roads are full of drivers who are insufficiently covered or don’t have any auto insurance at all. Should you get into a collision with one of these drivers, uninsured/underinsured motorist coverage helps take care of your medical bills and vehicle repair expenses.
5. Personal Injury Protection
Each state varies in its regulations concerning personal injury protection. But it will generally cover any of you or your passengers’ injuries, regardless of who was at fault. In some cases, it will cover lost wages as well.
It’s important to have a clear understanding of the different kinds of auto insurance so you’re able to make an informed decision on what and how much to buy. The professionals at First State Insurance Agency can help you explore the various choices and put together a customized policy to protect you, your passengers, and your assets. As an independent agency, they are able to compare plans and prices from multiple providers and offer unbiased advice on coverage to suit your needs and budget. Call (402) 979-7585 to schedule an appointment at one of their three locations in Beatrice, David City, or Hickman, NE, or visit them online to request a quote.