Auto insurance consists of numerous types of coverage that protect drivers against various kinds of misfortune. The type you need depends on how you drive and the age and value of your car. Below is an introduction to the most important types of car insurance.

4 Important Kinds of Auto Insurance Coverage

1. Liability Coverage

This pays for property damage and medical treatments for injuries suffered by other motorists in an accident deemed your fault. In Florida, drivers must purchase at least $10,000 worth of bodily injury liability coverage per injured person, with a $20,000 per-accident maximum. Florida also requires $10,000 worth of property damage liability insurance, which pays to repair the damage to another person’s property. Note that liability coverage does not pay for injuries to yourself or your passengers or for damages to your vehicle.

2. Collision Coverage

Collision coverage pays to fix or replace your car if it suffers damage in an accident in which you are at fault. It is optional, but it is a wise investment if your vehicle is relatively new and expensive.

3. Comprehensive Coverage

This pays for non-collision losses to your vehicle. These include losses caused by flood, fire, vandalism, and even theft. When paired with collision coverage, these two types are often informally known as "full coverage."

4. Uninsured & Underinsured Driver Coverage

In Florida, the insurance company of the at-fault driver normally pays for damages. However, if the driver is not insured or has limits too low to cover all your losses, you need uninsured or underinsured motorist coverage. This makes up the difference if the driver who hit you is underinsured, so you don’t have to pay for repairs out of your own pocket.

.

For affordable auto insurance, contact Farm Bureau Insurance in Blountstown, FL. They have been in business for more than 50 years and have received an A.M. Best A rating, and they are one of only 3% of property and casualty insurers to receive this high mark. In addition to car insurance, they also specialize in home, life, flood, and farm insurance. Visit their website to learn more about their auto insurance coverage or call (850) 674-5471 to  work with an insurance agent to design a policy.