Types of Auto Insurance Coverage Explained

A question you might ask yourself is: why mustUninsured motorist is another coverage you may
we carry auto insurance? Hopefully one answerwant to consider. Uninsured motorist covers you
you should hear is to protect yourself and yourif the other party was at fault and you were
car. For those same reasons the government alsoinjured (exceeding your personal injury coverage)
requires you to have car insurance.and they did not have bodily injury coverage. You
The state of Florida requires you to carry at leastmay use this coverage to cover the difference of
the minimum requirements, which is propertyyour injuries.
damage at ten thousand dollars and personalWhere does you car fit for injury theft and
injury protection at ten thousand dollars. Propertycollision? What about your dream car? Take a
damage covers another person's vehicle if youlook at this run down based on 2000-2002 HLDI
are at fault in an accident. Personal injurydata:
protection covers 80 percent of medicalThere are two more very important types of
expenses and 60 percent of loss wages as wellcoverage that you might want to explore they
as up to a five thousand dollar death benefit forare: comprehensive and collision.
you and your relatives (that reside with you),Comprehensive coverage would cover your
minus the deductible if it applies. This coveragevehicle in the event of fire, theft, vandalism, hail
would protect you in case there is any damage tostorm damage or any natural causes minus the
other vehicles and gives you medical coverage fordeductible you agreed upon when purchasing your
yourself.insurance.
There are many different types of auto insuranceCollision coverage would cover physical damage to
coverage to choose from, depending on whatyour vehicle, if you were at fault in the accident,
you want covered and what you can afford.minus the deductible. The insurance company
Where should you get started?would pay the actual cash value of your vehicle. If
First you should ask yourself if you have enoughyour vehicle is financed comprehensive and
coverage in case of an incident occurring. Besidescollision coverage are possibly are required by
the minimum requirement coverage previouslyyour lending institution.
mentioned, there is another type of coverageExtra medical payment coverage can also be
that is very important, bodily injury.provided if you are interested and the list goes
Bodily injury coverage is not required by the stateon. All types of coverage are important but the
of Florida until you get into an auto accident. Thisreality of it is, what we can afford? Keep in mind
would cover you if you were at fault in anyour life and your family is very important so
accident and the person in the other vehiclehaving insurance should be one of your main
suffered injuries exceeding their personal injurypriorities.
coverage. If you did not have this coverage theWith the web easily accessible you have a vast
other party has the right to sue and the stateamount of knowledge at your fingertips to help
may place a financial responsibility on your motoryou choose the best coverage for you and your
vehicle report, which you would have to carry forlifestyle. Life is too short, get good advice and get
3 years. That financial responsibility is called anthe right insurance coverage for you and your
SR22.family.