A car insurance policy protects you, your vehicle, passengers and other drivers in case of an accident, theft or natural disaster. But of course, there’s more to it than that. Learn about car insurance and how auto insurance coverage works when you need to file a claim.
Why do I need car insurance?
Car insurance helps to financially protect you in the event of an accident. Car insurance is a necessity for most U.S. residents who own or drive a vehicle. If you are involved in a car accident, theft or natural disaster and do not have a car insurance policy, you could be responsible for paying your car repair and medical bills.
How does a car insurance policy protect my vehicle?
Auto insurance coverage protects your vehicle with liability, collision and comprehensive coverage.
- Liability may cover you in any type of auto accident where you are at fault.
- Collision may cover damage caused from an accident with another car.
- Comprehensive may cover damage caused by any other incident, such as: Contact with an animal, theft or vandalism, windstorm, fire, hail, water, flood, earthquake, falling or flying objects, riot or civil commotion.
How does auto insurance coverage protect my passengers, others and me?
If you or your passengers are injured in an accident, medical expense coverage may pay those bills up to your limit. Bodily injury liability is insurance that may cover you if you cause an accident and the other driver or passengers are injured or killed. Many car insurance companies also offer extended policies to help pay for any expenses that are not covered by the regular insurance limit.
What doesn’t a car insurance policy cover?
While car insurance covers many repairs and bills due to accidents and other incidents, there are some things you have to pay for on your own. Auto insurance coverage does not cover basic maintenance like oil changes or replacing worn tires or batteries.
How do I get car insurance?
Contact several car insurance companies to get quotes. You’ll need to have your driver’s license, Social Security card, vehicle identification number and make and model of your car before calling or going online for a quote. Just answer a few questions about your vehicle and driving history to get your quote. While you’re getting the quote, be sure to look into discounts the insurer offers.
Auto insurance coverage is an important responsibility of being a car owner. Your car insurance company will be there to help you get back on your feet if you are affected by a car accident, theft or natural disaster.