Auto Insurance Guide
CALL 24/7 TO SPEAK WITH AN AGENT: (888) 212-9420

Required Auto Coverage

Minimum Coverage

Statistics from the National Association of Insurance Commissioners, also known as the NAIC, indicate that more than 70 percent of drivers invest in both liability and collision coverage, while over 75 percent purchase policies that include comprehensive and liability coverage. Drivers aren't legally required to carry policies that offer collision and comprehensive protection, but these features provide additional financial security in the event of an accident. Such policies may also be necessary when a loan is needed in order to purchase a vehicle.

Almost all states have laws in place that make it necessary for drivers to carry basic liability insurance. Failure to do so may result in hefty fines and the towing of the uninsured vehicle. Since these minimum amounts of coverage rarely cover the cost of an accident, it's a wise choice for consumers to invest in a policy that offers more than the required amount of coverage. Not doing so may leave the insured individual directly responsible for damages that their liability policy doesn't cover. These amounts can range from relatively small to astronomical, depending upon the severity of the accident.

Often when shopping for liability insurance, consumers are urged to invest in a policy that also offers collision and comprehensive coverage.

Here a few things that you should be aware of before adding collision or comprehensive coverage to your policy:

An insurance policy that features collision coverage does more than just pay for damages resulting from an accident with another vehicle. This type of policy also covers the costs of damage resulting from other incidents, such as driving over potholes, backing into or running over something as well as single car accidents Should the police report indicate that the insured driver is responsible for an accident, repair costs will still be covered, minus the amount of the deductible indicated on the policy. If the insured is found not to be at fault, the insurance company may take the necessary steps to receive reimbursement from the other individual's insurance company, if more than one vehicle was involved. If money is obtained, the holder of the collision coverage policy will receive an amount equal to the deductible listed on the policy.

Policies featuring comprehensive accident coverage provide additional protection. This type of coverage pays for repairs caused by almost anything that might cause damage to a vehicle, other than collisions and potholes. This includes natural occurrences, such as floods and wind damage, as well as other incidents, such as theft and vandalism.

Some comprehensive policies also cover damage to a vehicle's glass. This pays for the repair or replacement of damaged car windows not caused by a wreck, such as a branch falling onto the car's windshield. Many insurance companies offer glass coverage as part of their comprehensive package and will repair or replace a cracked or shattered glass caused by anything, other than a moving vehicle accident. Companies that don't include glass protection as part of their comprehensive policies may offer coverage specifically for glass. This protection is available with a deductible, but can also be purchased without one.

The right auto insurance plan for ALL makes and models!

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Click Here For A Free Quote