Just like in any other things first timers in driving should not have a hard time adjusting. There is just one important word first timers should remember, that is “understanding.”Indeed understanding the ABCs of auto insurance policies is one way for beginners who are likely to be teens and college students to fully comprehend their driving life.
Driving means you should have auto insurance coverage for almost all states and this is the first thing that young drivers should understand. Across states there are varying minimum requirements for the type of coverage drivers should have.
Another thing that you must understand is that there are different types of auto insurance coverage that you can avail. We have the basic Liability coverage which the law requires you to have. There are two types of Liability coverage namely Bodily Injury Liability and the Property Damage Liability. The former covers your legal defense and claims against you if an accident you caused injured or killed a person while the latter covers property damage your car inflicted to other. It is important to note that this will not cover the property damages you get.
Other popular types of auto insurance coverage that you must know include Medical Payment or Personal Injury Protection. This type of coverage pays for medical expenses once you and other people riding with you got injured in an accident. Moreover this insurance coverage can pay for you or your family member’s medical treatment when injured while riding another’s car.
The Property Damage Liability will answer the expenses needed to restore property damages you inflict to the other party while this type of coverage will not cover your car’s damage Collision coverage will. Collision coverage will pay for the restoration of your damaged car and any other properties regardless of who was responsible to the accident.
Comprehensive Coverage is also among the popular types of auto insurance coverage. Once your car has been damaged by theft, hail, vandalism, storm, fire or other causes Comprehensive coverage will pay the costs.
You can also protect yourself from uninsured or underinsured drivers through the Uninsured or Underinsured Motorist Coverage. This particular type of coverage can cover both physical and property damages caused to you and your family member in your car by uninsured or underinsured drivers.
These are just some of the many types of auto insurance coverage that you can avail. Another important thing you have to understand is that you have to meet your needs. There are such things as too much and too little when it comes to auto insurance coverage.
