When it comes to a single car insurance policy, it will usually include several different types of coverage. Many people when deciding what to buy, know it’s important to research all the options available out there. When purchasing your policy, you must be sure what is and isn’t covered. You must also familiarize yourself with what’s covered and what the mandatory amount of coverage is. It is also recommended that you collect car insurance quotes.
What are the car insurance requirements?
Every state in the United States requires that you carry a minimum amount of coverage when it comes to auto insurance. This will help cover the cost of damages or injuries caused by your car. The minimum amount of coverage will vary by state according to https://floridainsurancequotes.net/auto-insurance/florida-auto-insurance-laws/. When it comes to auto insurance, here are the types of coverage that may be required:
- Liability coverage
- Personal injury protection
- Medical payments
- Uninsured or underinsured motorist
Before you start collecting car insurance quotes, you will need to understand what these types of coverage will protect you against. Below we will discuss these coverage types, therefore you will know what exactly you need when it comes time to shop.
Types of Car Insurance Coverage
Liability insurance will pay out for damages or injuries that have occurred due to an accident caused by you. When it comes to liability coverage, it will usually be shown with three numbers. For example 100/300/50. This would translate to:
- $100,000 bodily injury per person
- $300,000 bodily injury per accident
- $50,000 property damage per accident
Personal Injury/Medical Payments is used to cover your own medical costs. This coverage will pay any medical bills for you or your passengers at the time of an accident. It will also pay out for funeral costs.
Uninsured/underinsured motorist coverage will cover you if you are in an accident with an uninsured or underinsured driver. It will pay your medical costs if you are injured in an accident by a driver that is underinsured or not insured.
Now that you know the coverage types of car insurance available, you can now successfully collect quotes. Collecting car insurance quotes in is an easy process. Be sure to collect more than 3 quotes. Also, make sure to review the companies of your choice. That is a very crucial step according to https://floridainsurancequotes.net/auto-insurance/best-car-insurance-companies-florida/.
Remember car insurance quotes will help you find affordable coverage on the web. Take your time to collect and compare the quotes you received. It will pay off at the end when you have successfully found a great deal!