When you’ve been in a car accident, you need someone to have your back by purchasing car insurance.
You can make sure that someone will, but there are many types of insurance that offer different kinds of protection, which ones do you need?
Let’s walk through the six major types to find out Liability is the one type of insurance Everyone must carry It protects other people when you’re responsible for an accident, there are two sides to liability coverage, bodily injury, coverage, and property damage coverage, bodily injury, liability insurance, pays medical bills And it can also compensate people for things like lost income and pain and suffering property damage, liability insurance pays to repair or replace other people’s vehicles that you’ve damaged.
It can also cover the cost of fixing fences and other kinds of property that you may run into Collision insurance protects your own vehicle after an accident, If you are the wrong one, you will be required to buy it if you used a loan or lease to get your car otherwise you will get this protection for your own car is your choice.
Comprehensive insurance protects your car against damage not caused by an accident such as theft falling objects or natural disasters It’s usually purchased in combination with collision insurance and like collision insurance, You will be required to have it if you have a loan or lease agreement.
what happens if you’re harmed by a driver who doesn’t have enough insurance to cover all of your losses? You’re out of luck unless your policy includes coverage for uninsured or uninsured motorists? Depending on where you live, you may be required to get this type of insurance Even if it’s optional it’s very affordable and provides important protection.
Now, let’s talk about medical bills If you are injured in an accident, it can build up quickly but personal injury protection coverage, sometimes called fault insurance, can help with these costs It gets your medical bills paid quickly no matter who’s at fault and helps with other expenses, like lost income for child care or even funeral personal injury protection is mandatory in 15 states, but even when it’s not required, you can still buy In some states
There’s a different form of insurance for medical expenses Medical payments coverage or med pay is similar to personal injury protection but as more limited in scope unlike personal injury protection, it won’t pay for lost income or most other non-medical expenses, but it does cover accident-related medical bills for you and your passengers supplementing other insurance coverage by paying any deductibles and co-pays they may have Medpay will cover funeral expenses as well.
There are, of course, many other insurances for car owners, such as coverage, for Roadside Assistance, or a rental car While your car is being repaired, but these six are the most important ones to consider.