Types of Car Insurance Coverage

It is useful to know the types of coverage when you’re looking for auto insurance. With the right coverage, you’ll know whether you’re covered for specific incidents that may occur. There are many types that include basic coverage, which may be required by the state that you’re in. In Columbia, SC, you must have a certain amount of liability insurance, uninsured motorist, and underinsured motorist coverage. Michael Taylor Agency can help you with that.

Basic and Secondary Insurance Types

• Liability insurance – protects you by covering damages and injuries from an accident that is deemed to be your fault.

• Comprehensive coverage – is insurance for your vehicle if it becomes damaged as a result of anything other than a car accident, such as vandalism, fire, or theft.

• Collision coverage – is enabled when you collide with another vehicle or object.

• Uninsured and underinsured motorists – is coverage that sometimes used together. It can cover damages to your vehicle if the other driver leaves the scene or is not fully covered.

• Personal Injury Protection – covers medical expenses. Depending on your policy limits, you could have complete medical coverage of an injured individual.

Miscellaneous Insurance Types

• Rental reimbursement insurance – covers the cost of a rental if you need a vehicle while yours is being repaired after an accident.

• Classic car insurance – is for vintage vehicles and specific older model cars.

• Gap insurance – offers insurance coverage that protects you over your auto insurance limits.

Although you do not necessarily have to purchase the maximum amount of car insurance, it is a good idea to have some coverage in case of an accident. If you are found responsible for an accident, you could pay hundreds of thousands of dollars in medical bills and vehicle repairs. In Columbia, SC, Michael Taylor Agency can help you secure auto insurance for your vehicle.