Buying Auto Insurance Is Your Responsibility When You Become a Car
Owner
Auto insurance has many types of coverage. While there are many types of coverages offered, you only need to have 4:
- Personal injury Protection (PIP)
- Damage to property
- Bodily injury to others
- Damaged caused by an uninsured auto
There are also many insurance companies with Alliance insurance group being only one.
Personal injury protection
While comprehensive coverage might be something you don’t need to have, personal injury protection (PIP) is something you do. Personal injury costs linked from this accident, medical bills along with passengers will be paid, and it does not matter who is at fault.
Collision coverage
If there is a covered wreck, collision coverage pays for repairs to your car. If your car is old, it might not even be worth carrying collision on it, depending on the car’s value. On the other hand, if you have anew and expensive car, collision insurance will help get you back to where you were before any damage.
Liability insurance
This type of insurance will pay in an accident where you were the cause. It will pay the cost for repairing property damaged by the accident as well as medical bills from any resulting injuries – for both you and others involved.
Comprehensive coverage
If something occurs to your auto that is unconnected to a covered accident – such as damage because of weather, you hit a deer, or your car is stolen, will insurance cover the loss? Liability neither insurance nor collision coverage covers these situations. These situations are then covered by Comprehensive (other than collision) coverage.
Uninsured/Underinsured Motorist Protection
If someone else is responsible for all expenses of an accident, you won’t get any payment if they don’t have coverage or you will receive less than you need if your damages exceed other person’s coverage amount. This is where ‘Underinsured Motorist Protection’ will help with these expenses.
When you buy a car – find the right insurance agent or broker to sit down and talk about insurance with. Being a responsible car owner means that you carry insurance on your car at all times.
