In addition to the six basic types, there are several other
that apply to very specific events that can cause damage to your vehicle or for
specific needs that you may have if you have an accident. But with so many
types of car insurance, how do you know which one is right for you?
The majority of these coverages are optional, and add them
to your policy will increase your premium. These are some of the most common
coverage of auto insurance:
• Liability Coverage
• RESPONSIBILITY FOR DAMAGE
• Responsibility of Bodily Injury
• Comprehensive Coverage
• collision coverage
• Coverage of Fire and Theft
• Coverage of Physical Damage
• Protection of Personal Injury
• Coverage of driver with insufficient insurance
• Coverage of uninsured driver
• Gap of Secure
• Car Insurance Rented
• Coverage of payment per mile
Coverage of Civil Liability
The liability insurance does not cover all expenses in connection with the damage to your car, or any injury that you suffer. Pays for the damage suffered by the other parties in an accident that you are found guilty. All states require a minimum amount of liability coverage in order to drive a vehicle legally. In some states, you can avoid the purchase of liability coverage if you can verify that you have the personal financial resources to cover the minimum requirements required by the state where you live. The civil liability insurance covers you when these driving any vehicle of your property, or if these driving the car of another person with your permission.
The liability insurance does not cover all expenses in connection with the damage to your car, or any injury that you suffer. Pays for the damage suffered by the other parties in an accident that you are found guilty. All states require a minimum amount of liability coverage in order to drive a vehicle legally. In some states, you can avoid the purchase of liability coverage if you can verify that you have the personal financial resources to cover the minimum requirements required by the state where you live. The civil liability insurance covers you when these driving any vehicle of your property, or if these driving the car of another person with your permission.
Responsibility for the damage
liability insurance in the damage does not cover damage to
your property. Is activated when you are found guilty of an accident, and if
your car has damaged the property of another person. There are various degrees
of coverage that are going to determine exactly what damage are covered. You
choose the amount of coverage when you buy the policy, minimum can be imposed
by the State, especially if your car is financed.
The amount of coverage selected will determine the premium
that you pay. The liability coverage of the damage is one of the types of
insurance coverage of car that can include a deductible. Having this type of
coverage protects you from pay out of your own pocket if you are convicted for
damage to the property of another person.
Responsibility for bodily injury
if you are convicted of an accident which resulted in injury
to another party, the coverage for liability for bodily injury, comes into
play. It does not cover your own injury, or those of any other driver included
in your insurance policy. This coverage usually pays: medical expenses;
physical therapy or rehabilitation; working time lost due to an injury; the
legal representation of the other Party; funeral expenses; and, possibly,
"pain and suffering", which is determined by a court in case you
suffer emotional or physical stress resulting from the accident. This is important
coverage to add to your policy. Medical costs can be very expensive and cause
enormous financial difficulties if you have to pay out of your own pocket.
Comprehensive coverage
faithful to its name, the coverage applies to almost any
type of loss that may occur, but not as a result of a car accident. This is the
coverage of the insurance that pays for damages to your vehicle caused by
something that is not another vehicle. It could be any thing: damage caused by
the bad weather such as tornadoes, hurricanes or hail, or natural disasters
such as earthquakes, floods or fire.
Also applies if it hits an animal, or if your car is
destroyed or stolen. Even in the unlikely event that something to fall on your
car and i came to grief, comprehensive coverage will pay for the repairs. It is
advisable to purchase the wide coverage in conjunction with another type of
coverage as of collision to cover the damage resulting from
Collision coverage
collision coverage is exactly what its name suggests.
Applies when the vehicle is involved in any type of collision with either
another vehicle, a building, a barrier of protection, or any other fixed
object. In some cases, also covers the damage caused when the car is dumped, or
when you fall on some rut. The collision coverage will pay for repairs to your
car after any of these incidents, or replace your car completely if the
collision causes a total loss. We must remember that this is the case, you will
receive a refund for the current value of the vehicle, not the purchase price.
Coverage of fire and theft
as its name suggests, this type of auto insurance coverage
applies when the vehicle is damaged or lost as a result of fire, or if your car
is stolen.
If your car is on fire due to lightning or an explosion,
this coverage will pay to repair or replace your vehicle. It also offers other
coverages as floods, earthquakes, damage by hail or wind, vandalism or
accidents caused by hitting an animal. You can also pay for the damage
resulting from an accident with an uninsured driver, always and when you do not
have the blame.
Physical Damage Coverage
Coverage of physical damage is an umbrella under which are
three other types of coverage fire and theft, comprehensive coverage and
collision. If you are still making payments of your car, it is likely that the
state law requires you to acquire at least the minimum amount of coverage of
physical damage. Once you pay for your car, this coverage can be optional.
Protection of Personal Injury
Protection against personal injury or PIP is a complement to
the coverage of bodily injury liability and covers approximately 80 per cent of
the medical expenses, including rehabilitation, funeral expenses and loss of
wages. This protection covers you to you, your passengers, or any person
authorized to drive your car. It also covers you to and to any other person
named in your policy when driving the vehicle of another person. This type of
coverage is compulsory in 16 states.
Coverage of driver with insufficient insurance
this type of coverage protects you if you are involved in an
accident with a driver who carries the minimum amount of legal liability
insurance, and does not have an additional insurance to cover all of your
losses. Applies only when the other driver with insufficient insurance is to
blame. This insurance will cover your medical expenses, damage to the property
(in some states), and lost wages. You can also cover the costs of a rented car
until it is repaired your car. This insurance is mandatory in some states, and
optional in others.
Coverage of uninsured driver
This insurance comes into action if you are involved in an
accident with a driver that: you do not have auto insurance in absolute; has an
insurance below the minimum required of the state; is ensured by a company that
is financially unable to cover your losses; or you paste and flee the scene.
Covers your medical expenses and those of your passengers. In some states, it
also covers damage to your vehicle, and can cover the reimbursement of a rented
car. It is not mandatory in all states.
Sure Gap
Your New Car loses up to 30% of its value in the first 3
months. If you have an accident within these months and the new car is total
loss or if it is stolen, your normal insurance would not have to refund you the
total value of the car. It would only cover the current value of the vehicle,
but you seguirías remain responsible to pay the rest of the loan or the
"gap" between the value of the car and what you should.
Car insurance rented
many policies of auto insurance you still cover when driving
a car rental but not all. If your policy does not include coverage for the
rented car, this type of supplementary insurance policy may be essential,
especially if you travel frequently. It offers some of the same basic coverages
as a policy of auto standard, comprehensive coverage and impact, but in this
case, it is called an exemption of DAMAGE OF LOSS (LDW), or a collision damage
waiver (CDW). Also includes coverage of civil liability for damage to the
property of others and the body injuries coverage.
