Car Insurance Daily News

If you’re shopping for auto insurance, it can get confusing. If you don’t have an understanding of those words, then it can seem as if someone is speaking a foreign language to you. The basic types of auto insurance coverage are -1.

Read on …Car Accident InsuranceCar accident insurance coverage, also known as collision coverage, pays for repairs to your car after an accident no matter who was at fault. If you purchase or lease a car your dealer will require you to carry this coverage.I recommend getting the highest deductible you can afford.

Getting the highest deductible you can afford. Increase Your Collision Deductible: By increasing your deductible to $1000 from $500 you can easily save $100 but be aware you take on more risk.

Increasing your deductible from $100 to $500 will save you 10% to 20% on your insurance.Comprehensive Coverage – This coverage pays for damages to your car from fire, theft, and vandalism. If your area is infamous for having frequent natural disasters such as floods, hailstorms, tornados or earthquakes, your car insurance premium could be higher.

Take the highest deductible you can afford on collision and comprehensive coverage.4.

“What does auto insurance cover?Bodily injury liability coverage – Pays for your legal fees and any claims made against you if your car injures or kills someone.

The state of Missouri requires all the drivers and automobile owners in state to have a minimum liability insurance coverage that has been pre-determined by the state. I didn’t have valuable cars when I was young, and I had no assets to protect from lawsuits.

Uninsured motorist protection: Covers injuries caused to you or the occupants of your car by uninsured or hit-and-run drivers.

If you live and drive in a state that has a high level of accidents that are caused by uninsured or under insured drivers like California, then you will need coverage for that.

.Personal Injury Protection – This coverage pays your medical expenses and your passengers medical expenses when you’re involved in an accident.

You can save money on this coverage by eliminating it if you have medical insurance that already covers you.

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