The law requires that everyone who owns and operates a motor vehicle must have auto insurance. However, the different types of insurance offered by your local tri-state insurance company can be confusing if you are unfamiliar with them. Here are some of the common types of auto insurance so you can decide which ones you need.
Liability insurance provides coverage in the even that a car accident is your fault, taking care of damages to the other drivers vehicle, as well as any injuries he or she sustained. In most areas, a certain minimum amount of liability coverage is legally required for a driver to be on the road.
Collision coverage provides protection for your own vehicle in the event of an accident. A collision policy generally provides coverage up to the amount of the vehicle, so if your car is totaled in a wreck collision coverage pays the value of your car rather than the cost of the repairs.
Injury protection covers any hospital or medical costs associated with an accident. Both the driver and any passengers are covered by the policy. This is a good type of additional coverage to have, as medical bills related to an accident can quickly add up.
Ask your tri-state insurance company about different types of auto coverage so you can get a better idea of which you should buy.