At first glance, you might think that liability car insurance is the most important aspect of insuring your car simply because it's the one that's required by most states. Of course there's a good reason that this type of insurance is so crucial and that's because liability insurance covers you against the legal responsibilities that you have in the event that you damage a person or their property as the result of an automobile accident.
There are two distinct divisions of this insurance that you'll need to think about-bodily injury and personal damage liability. As well the policy is further divided into what are termed split limits and these cover the damages caused to individuals, to groups of people and finally to their property. Like many other similar requirements, each state has a different set of standards covering this branch of car insurance. When you review a breakdown of what this insurance actually provides, the average driver will quickly see that it's in their best interest not to skimp on the amount of liability that they get.
For instance, the amount of medical insurance coverage that is included in the policy is one of the biggest factors that determines most customer's satisfaction. This is one of the areas where most drivers realize there's no room to go for the second best since it's even possible to get a level of coverage that will replace lost wages and the other medical expenses of a person who suffers an injury in a car accident. Usually, there is a blanket coverage that starts at a basic rate but it does cover the costs of immediate medical treatments that you and your family suffer at the scene of an accident. It's also important to get what's called PIP (personal injury protection) that provides a broader range of coverage including, where necessary, funeral expenses.
When most people get into their cars to go for a ride or to work, they think that making sure the tires are properly inflated and the oil is at the right level are the things that they need to look after. They think that the proper airbags keep them safe as well as an sturdy seatbelt, but they don't often consider that their auto insurance has a lot to do with their well being too. Still, there are those in the unfortunate situation of not being able to afford all the insurance would like, and for these people there's underinsured and/or uninsured coverage.
It's a sad face that not everyone driving can afford the best in liability coverage no more than they can afford the very best in an automobile. These options for those who still need coverage protect you against any personal liability caused during an automobile accident in your car. These types of insurance are especially useful when the person at fault driver's liability coverage is inadequate. Beyond these variations on the more important liability car insurance that's a prerequisite for safe worry free driving, there are several other types of insurance that add an extra cushion to the driving experience.
Collision insurance is just what it sounds like-that's the money that you'll get for the damage that is caused to your vehicle when the accident is judged to be your fault. Because the money that you get here will usually be lower than the cost of getting another car entirely, financed or leased cars might need additional insurance to cover the difference.
