Tom Canterino No Comments

Making sure you have the right insurance coverage for your car is one of the most important things you can do to protect yourself and your family. There are a lot of different types of car insurance, and it can be difficult to know which ones you need. In this blog post, we will discuss the three most important types of car insurance that everyone should have.

Liability Insurance

  • This is the most basic type of car insurance, and it is required in almost all states. Liability insurance covers damages that you cause to other people or property with your car. It does not cover any damage to your own car or injuries to yourself or your passengers. If you are at fault in an accident, liability insurance will pay for the repairs to the other car and for any medical bills that result from the accident.
  • If you are financing your car, your lender will require you to have full coverage insurance, which includes liability insurance as well as collision and comprehensive coverage.
  • The main advantage of liability insurance is that it helps protect you financially if you are in an accident and it is determined that you are at fault. If the accident causes damage to another person’s car or property, or if someone is injured, liability insurance will pay for the repairs or medical bills up to the limit of your policy. This can help you avoid having to pay out of pocket for these expenses, which can be very expensive.
  • Collision and comprehensive insurance cover damages to your own car that are caused by things other than collisions. Collision coverage pays for damages if you hit another car or object, and comprehensive coverage pays for damages caused by things like fire, theft, or weather.
  • If you are financing your car, your lender will require you to have full coverage insurance, which includes liability insurance as well as collision and comprehensive coverage. If you own your car outright, collision and comprehensive coverage are optional but highly recommended.
  • The main advantage of collision and comprehensive insurance is that it will pay for repairs to your own car if it is damaged in an accident or by some other type of event, such as a fire or theft. If your car is totaled in an accident, collision insurance will pay you the value of your car, up to the limit of your policy.

Medical Payments or Personal Injury Protection

  • This type of insurance pays for medical bills and other expenses that result from injuries caused by a car accident. It can also cover lost wages if you are unable to work because of your injuries.
  • Medical payments or personal injury protection is not required in all states, but it is a good idea to have this coverage if it is available. 
  • The main advantage of medical payments or personal injury protection is that it can help you to pay for medical bills and other expenses that result from injuries caused by a car accident. This type of insurance can also cover lost wages if you are unable to work because of your injuries