Are there different kinds of auto insurance coverage?
Drivers in almost all states are required to maintain minimum levels of auto insurance coverage. But beyond the minimum, your insurer will offer you many types of auto insurance coverage. What do they cover? Which ones are right for you?
To help you determine the ones you need, we provide an overview of the six major types of auto insurance, plus descriptions of some less common types of coverage.
Most Common Types of Car Insurance Coverage
State laws vary, and not all of the following coverage options are offered in all states. But the typical auto insurance policy is likely to include most of these types of coverage:
Liability (Mandatory in FL):
If you cause an accident, this two-part coverage — including bodily injury liability and property damage liability — will pay for the other party’s medical bills and vehicle repairs. It will not protect you or your passengers if you are injured or your vehicle is damaged as a result of the wreck.
This type of coverage will pay to fix or replace your own vehicle after an accident. Coverage extends to damage caused by collision with an object (e.g., a tree or house). If your vehicle is a lease or has a loan, your finance company will require it.
This protects your vehicle against certain types of damage not caused by an accident, such as theft, fire, a falling object or a natural disaster. Comprehensive insurance is optional unless your vehicle is a lease or has a loan, your finance company will require it.
Personal Injury Protection - "PIP" (Mandatory in FL):
Often referred to as “no-fault insurance” or "PIP", personal injury protection covers medical expenses you incur in an accident regardless of fault. Coverage extends to other drivers listed on your policy, members of your household and your passengers. Qualifying expenses can include medical bills as well as those not typically covered by health insurance such as lost income, child care or even a funeral.
Other Types of Car Insurance Coverage
These types of insurance are less common, but they can be inexpensive additions to your auto policy.
Uninsured/Underinsured Motorist Coverage:
Some drivers will break the law and drive without auto insurance. Others won’t have adequate coverage. In the event you are injured or your car is damaged in an accident caused by this sort of driver, this coverage can pay for medical bills and car repairs.
Medical Payments (MedPay):
This coverage type is similar to PIP but is more limited in scope. It covers accident-related medical expenses for you, your passengers, your household members and other policyholders.
While your car is being repaired under a claim, rental reimbursement will keep you on the road by covering the cost of a rental car. There are limits on how much the insurer will pay per day and per claim.
This coverage option will provide assistance if you lock yourself out of your car, need a tow or jump start, get a flat tire or run out of gas. If your car is inoperable, you can get a tow to a nearby garage of your choice, up to a specified distance.
If you don’t currently have auto insurance, it’s crucial to get coverage as soon as possible. Get a free quote for the types of car insurance listed above so you're protected from the unexpected.
To request a quote, you can get in touch with us or go online:
• Phone/WhatsApp: (561) 672-7897
• Online quote: www.simplifiedinsurance.net/online-quote
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