| Reading through your auto insurance policy is not | | | | want to buy more coverage than the minimum. |
| the most exciting thing to do. In fact, it can be a | | | | What if you get into an accident with an |
| bit confusing with unfamiliar jargon. Figuring it out | | | | expensive Rolls Royce? Minimum coverage may |
| is difficult to do for many people. If your car | | | | not be enough protection and prevent you from |
| insurance reads like a difficult math problem to | | | | being sued. |
| you here are a few explanations to help you out. | | | | Collision insurance coverage helps out if you are |
| There are several types of car insurance. First | | | | hit by someone else. You normally have to pay a |
| lets take a look at liability insurance. Bodily injury | | | | deductible in which typically runs $500 to $1,000. |
| liability and property damage liability are the two | | | | The amount of insurance you have and the cost |
| types of liability insurance you will deal with the | | | | of it will depend on many things. A couple include |
| most. Bodily injury liability coverage will assist in | | | | the type of car you drive, how much it is worth, |
| any medical or funeral expenses as the result of | | | | how hard it is to fix and if you own it outright. |
| an accident caused by you. If the accident is your | | | | Fire, theft or similar problem is covered by your |
| fault this insurance will also cover your passengers. | | | | comprehensive insurance. This coverage kicks in |
| States dictate what minimum coverage amounts | | | | when you car catches fire, is stolen or if a tree |
| but you should consider buying more than the | | | | falls on it. It usually covers non-collision type |
| minimum. | | | | situations. |
| If you are in an accident and you damage another | | | | These are the major types of insurance |
| car, house or other property this is where your | | | | coverage. It is important to understand them and |
| property damage liability coverage protects you. | | | | alter them if needed. Insurance is one of those |
| Again, the state you live in requires certain | | | | things that you kind of hate to pay for but those |
| minimums in property damage liability. You may | | | | few times you need it, it sure is nice to have. |