When you drive, you need to have car insurance. You will have to meet the minimum state requirement regarding your policy in order for you to be legally allowed to drive your car on public roadways. However, aside from making sure you meet that requirement, you will have a lot of options you are in control of choosing. You can learn about some of the different types of coverage for car insurance policies, what discounts may be available, and more information here.
Types of car insurance coverage
Liability coverage: Liability insurance coverage is the type of coverage that you are required to carry by law. This insurance will cover the other person's expenses should you be involved in an accident. Most states will require you to carry at least this coverage.
Collision coverage: Collision insurance coverage will be the one to cover the cost of repairing or replacing your own car in the event of an accident. This coverage is required if you currently have a car that's leased or that is still being financed. Once you own your car outright, then this type of coverage becomes optional.
Uninsured and underinsured motorist insurance coverage: This type of coverage will cover your car and medical expenses if you should happen to be involved in an accident with someone who doesn't have enough insurance, or who doesn't have any insurance at all. This type of coverage is a legal requirement for drivers in some states.
Comprehensive coverage: Comprehensive coverage will cover your car if it ends up with damage from something that is not related to a vehicle accident. For example, this is the type of coverage that would cover damage to your car if a tree branch were to fall on it.
Types of insurance discounts you may be eligible for
Good driver discounts: When you are a good driver, you will be less of a risk for the insurance company, so they often reward good drivers by offering them lower rates. If you don't see that you are being given a good driver discount, and you feel you should be eligible for it, make sure you ask about it.
Garage parking discount: Your car will be more at risk of damages when it is parked outside, especially when it is parked on the street. This is why many insurance companies will offer you a discount on your rates if you park your car in the garage.
Low mileage discount: If you don't drive your car much, then you may also qualify for a discount offered to those who don't put many miles on their car annually.
For more information on car insurance, contact a company near you.
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