An Overview Of 7 Types Of Coverage

Do you know the exact number of car insurance coverage? It may be very difficult to define the exact number of types of coverage since each insurance company may have its own regulation and each state also has different regulations dealing with car insurance. Now, we will discuss the most common seven types of coverage: liability insurance, collision insurance, comprehensive insurance, uninsured motorist protection, medical protection, personal-injury protection, no-fault insurance, and gap insurance.

         Liability insurance will cover the cost of repairing any property which is damaged in a crash or car accident. The medical bills will be covered by liability insurance as well. Collision insurance will pay out the value of your vehicle when your car is totaled in an accident. Meanwhile, comprehensive insurance will be worth it to have if an animal collision, theft, or weather damage happens to your car. Having an uninsured motorist protection will help you get rid of problems when you get stuck with the expenses in a car accident. As its name, medical protection will cover your medical bills when you get a car accident. No-fault insurance can cover both property damage and injuries. Gap insurance will be a very good choice if you are still making car payments.