The Different Types Of Auto Insurance Coverage

Auto insurance comes in three main types: liability, collision, and comprehensive. It's best to have all three, but you only need liability insurance to drive legally in most states. 
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Liability insurance may pay for your medical expenses, any damage you cause to someone else's property or vehicle, and their court costs if you're sued for an accident you caused.

Uninsured Motorist Insurance
This type of coverage helps protect you if you're involved in an accident with a driver who has no insurance. If you don't have uninsured motorist coverage and are hit by a car without insurance, your damages will be difficult to recover.

Some states require you to buy uninsured motorist insurance as part of their minimum car insurance requirements.

Medical Payments Coverage
If you or your passengers are injured in an accident, medical payments coverage will pay for any covered medical expenses. 

This type of insurance is optional in most states. Medical payments coverage is often referred to as no-fault coverage because it covers damages regardless of who was at fault in an accident.

Personal Injury Protection
This is coverage that may pay for your injuries, no matter who caused them. You can choose whether or not to buy it and how much you want to pay in premiums.

Collision Coverage
If you hit a tree or another car, collision coverage will pay for any repairs to your vehicle. How expensive this coverage is would depend on how much coverage you purchase and what part of your car is damaged in an accident. 

Collision insurance is recommended if you're leasing or financing your vehicle because it will be extremely expensive to replace it if you total it.

Comprehensive Coverage
Suppose you're comfortable with a higher deductible. In that case, comprehensive coverage can help pay for repairs and replacements that result from accidents you cause, as well as those where another driver is at fault. 

Conclusion
There are many types of insurance coverage available to drivers, so understanding which coverage you need is important. 

Also, each state has different laws and regulations surrounding auto insurance coverage, so it's a good idea to talk with an insurance broker in your area about what type of coverage works best for you. 

At Arnold Insurance Agency, LLC, we put our clients first by offering them affordable policies. Having insurance is a necessity nowadays, and we're here to help you out. Learn more about our products and services by calling our agency at (318) 965-5953. You can also request a free quote by CLICKING HERE. Coverage discussed in this article is not guaranteed. Please contact our agents today to ensure that your needs are being met and learn more about your policy. We are happy to help!