You Must Have Car Insurance

Are You Driving Without Car Insurance?

If you are a driver in the US, you need to have auto insurance so that you could protect yourself as well as others involved in an accident. Also, almost all states in the US require drivers to have auto insurance policy so that they can get behind the wheel.

There are several types of auto insurance policies that are currently offered in the market. The first one would be the liability insurance in which there are two kinds, : bodily injury and property damage. In the insurance world, we commonly notice numbers like 20/40/10. This indicates that a car insurance carrier would cover up to $20,000 for bodily injury for a sinlge individual, $40,000 in an accident and $10,000 for property damage in an accident. In case you have this in your policy, the total coverage is somewhat low. You have to review your condition and lifestyle and make a decision which one best suits you. As already cite, almost every state mandate the drivers to have at least liabilty insurance.

The second type of auto insurance policy would be the collision coverage. In the event of an accident that you cause to other people, collision coverage would pay for the damages and medical bills. To pay for the damages caused by vandalism, fire, storm or other natural causes and even theft, comprehensive coverage will pay for it.

Uninsured motorist coverage will pay for the damages in case you get into an accident with a driver that doesn't have insurance. Underinsured motorist coverage will cover you in case of an accident wherein the other driver doesn't have enough coverage.

The next type of coverage would be the personal injury protection (PIP) that would cover medical expenses and other charges like loss of wages and funeral costs because if the accident. PIP has been a requirement in 16 states and this would pay regardless who was at-fault during the accident.19

Then, we also have to tackle “no-fault” auto insurance which has caused so much confusion among a lot of people. “No-fault” auto insurance means that the company will pay for the damages you have endured during a vehicular accident. In this system, every driver in an accident will be covered for the damages no matter who is at-fault.

The auto insurance costs could be difficult to decode for the average customer. Insurers appear to have a strange way of calculating the rates and raising them. Even if found that you are not the cause of accident, your insurance rates would rise. We have to persist and do our best that would make auto insurance companies to provide discounts, or at least reasonably priced premiums. Your gender, age, location, type of car, etc are very important factors in your auto insurance premiums. More importantly, you have to make sure that you are keeping a clean driving record. Because if you have a lot of traffic violations, this will make your premiums go even higher.

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