| This article will help give you a better | | | | this insurance is good to have if you own the |
| understanding of the different types of auto | | | | vehicle out right. Your premiums will be much |
| insurance. In a nutshell, there are 2 types of auto | | | | cheaper and you can save some of that money |
| insurance for you to choose from: PIP (Personal | | | | in a savings account to repair your automobile |
| Injury Protection) and Comprehensive Collision | | | | should you be involved in an accident. This gives |
| coverage. I will give a brief overview of each. | | | | you the freedom to use YOUR money when you |
| PIP or Personal Injury Protection: This is the | | | | need, rather than paying for full coverage and |
| cheapest form of auto insurance to purchase. All | | | | possibly never using it. |
| states require that you have, at the minimum this | | | | Comprehensive Collision (Full Coverage): This |
| coverage. This insurance will cover you if you | | | | insurance will take care of the needs outlined |
| cause an accident or have a one vehicle accident | | | | above as well as repair your automobile if it is |
| and you cause property damage to someone | | | | damaged. Most of the time with this type of |
| else's vehicle or other personal property. this will | | | | coverage, the cost of a rental vehicle is covered |
| not pay for the damages to your vehicle, but will | | | | as well. This will make it so that you will have a |
| pay to repair the other person's vehicle involved. | | | | vehicle to drive until yours is repaired. If you |
| In the case that it is a one vehicle collision and | | | | purchase a vehicle and make payments on it you |
| you damage someone else's property (a fence, | | | | will be required by law to purchase this coverage. |
| structure, or any thing else of value) this | | | | Obviously the cost will increase also. |
| coverage will pay to have it replaced or repaired. | | | | |