A lot of people think auto insurance is complex, but it’s not really that hard to understand. To put it into just a few words, insurance is a resource you can use to provide you with financial security in the event of an accident.
Before you’re in an accident, it’s important to know your automobile insurance coverage. Two main types of coverage you need to know about include bodily injury and property damage.
Bodily injury coverage covers medical expenses if someone else is injured in an accident. Thinking about the limit means choosing one that can cover potential medical expenses for everyone involved.
Property damage coverage covers the cost of repairing or replacing someone else’s property. In an accident, you want to make sure that you’re fully covered, which means your car also needs to be insured properly.
Know the difference between collision and comprehensive coverage. Collision coverage pays for damages to your vehicle, while comprehensive coverage can protect you from other types of damages like theft or weather-related damages.
Make sure you have the coverage that you need to feel secure.
