With more than 200 million licensed drivers across the nation, the roads are busier than ever. This means there’s a greater risk of being in an accident. Becoming familiar with the various types of auto insurance is the first step to making sure you and your passengers are adequately protected. Here are some basic coverage options you should have a solid understanding about.

What Are the 5 Types of Auto Insurance?

1. Liability 

In the majority of states, drivers are required to carry a minimum amount of liability coverage. If you’re found at fault for an accident, it will cover any bodily injuries and property damage incurred by the other party. Additionally, it will help take care of your legal fees if a lawsuit arises as a result of the incident.

2. Collision 

Liability insurance is only designed to pay for losses you cause someone else. Therefore, collision coverage is essential should you need to repair or replace your own vehicle. Without it, you would be responsible for handling these expenses out of pocket in the event of an accident.

3. Comprehensive 

Life is unpredictable, and a collision isn’t the only risk you face when you own a vehicle. Comprehensive insurance provides funds for any losses you experience due to something other than a collision, such as fire, severe weather, theft, vandalism, an impact with an animal, or a fallen tree.

4. Uninsured & Underinsured Motorists 

Despite the law, numerous people continue to drive without auto insurance, and many others are insufficiently covered. Should you get into a collision with one of these drivers, uninsured and underinsured motorist coverage will help cover your medical and vehicle repair bills. 

5. Medical Payments or Personal Injury Protection 

If you, passengers, or any other driver listed on your policy suffers injuries in an accident, this coverage will pay for your medical care regardless of who was at fault. This is especially helpful if you don’t have health insurance or only have a minimal plan. In some cases, it may also cover lost wages.

Whether you’re a new or experienced driver, it can be challenging to decide which kind of coverage you need. Fortunately, the agents at Grachek Insurance will direct you in the right direction. They take the time to educate their clients about all the different auto insurance products available. For more than 30 years, the family-owned and -operated agency has been entrusted to help residents throughout the Flathead Valley and surrounding areas of Montana ensure that they’re properly protected in the event of a loss. To begin customizing your policy, call (406) 755-4000, or visit them online to request a free insurance quote.