The Wrong Form Of Car Insurance Could Land You In Jail

Car insurance provides protection for the policy holder (normally the owner or driver of the vehicle) from financial loss in the event of a car accident. To benefit from this protection the policy holder will be required to pay a monthly premium which depends upon several factors such as the age of the driver, the vehicle being insured, the driver’s history and location to mention just a few.

There are various different types of car insurance to protect the policy holder against costs arising out of damage to the car, property damage and bodily harm of all persons involved in an automobile accident. The various different forms of insurance cover include:

Liability cover which provides payment for damages to other people or to their property as a consequence of an accident and which also meets any court costs involved. In a lot of states this is the bare minimum of cover required before you may drive a car on public roads.

Collision  cover which pays for damage caused to your car in the event of a collision with another vehicle or other object.

Comprehensive cover which pays for various different types of damage including fire, theft, vandalism and extreme weather conditions.

Medical cover which pays for any medical expenses for injuries resulting from an automobile accident.

PIP (Personal Injury Protection) cover which will pay for any medical expenses when an injury is sustained during an accident, regardless of whose fault it is.

Uninsured and under-insured cover which is designed to pay for damages which you sustain when the other driver in an auto accident is uninsured.

Each state draws up its own set of rules governing car insurance and some forms of car insurance cover are mandatory in each state while others are optional. For instance, some states only require you to carry liability insurance while other states require you to have personal injury protection insurance cover.

In addition there are a number of states that are known as ‘no-fault’ states in which insurance policy holders can recover any financial losses from their own insurance company, regardless of who is found to be at fault in an accident.

Make sure that you have the right type of car insurance by letting the professionals give you a free and no-obligation cheap car insurance quote today.