Purpose of Car Insurance:
Many countries in the world It is mandatory to purchase auto insurance policy. Basic auto insurance is mandatory for most of US states. This is the purpose of car insurance
How Car Insurance Work:
Actually, it is contract between you and insurance company that protect you and your vehicle from accidents or theft etc. payment of insurance policy help customer to recover any loss that occur in an accident.
Normally Auto Insurance policy covers personal driving. Whether you are going to work or taking to a Trip. If your vehicle is used for commercial purpose for instance like Uber service it will not provide any coverage.
Types of Car Insurance:
Car Insurance can pay to repair your car that is insure after an accident. It depends on what accidental coverage customer selected. There are many major expenses arises after an accident of a car that you might want to protect. So, what is covered? and what is not? Driver must know about all the rules.
Following are the types of Insurance:
Personal Liability:
In most countries personal liability coverage is the minimum required coverage. It only covers those items which you are carrying during your travel. It does not cover the physical damage to your car.
However, it does offer you protection for other types of loss other than personal items.
These losses include:
- Injuries and suffering from Pain.
- Property Damage
- Medical Expenses
Comprehensive Coverage:
Comprehensive Coverage covers anything other than collision of your car. Deer, Pests, Fire, Theft and damaged from storm all fall under this category. In most cases it usually covers roadside assistance. It depends on your insurance plan to purchase collision coverage.
Collision Coverage:
Collision Coverage protects your vehicle against accidents. Collisions coverage includes collisions with trees, light posts, animals, others cars and other objects your car can collide with are covered.
Before you get your repaired vehicle back you need to pay some amount.
It mostly often comes into action when you are not sure who damaged your car or vehicle.
Medical Coverage:
Medical Coverage provide insurance for medical expenses for injuries to anyone who avails accidental auto insurance. It also covers lost wages and other related expenses.
Full Coverage for your Vehicle:
Full Coverage include collision coverage and other roadside assistance. Any type of accident you faced during your traveling period full coverage accidental policy is available for your expenses as a backup.
The best part is that it covers not related accident as well such as extreme weather, objects and rampaging of animals.
Different Purpose of Car Insurance:
In most countries it is mandatory for drivers to have a liability policy in order to operate vehicles or cars legally. Any injury or other damaged caused by another driver or party. Auto Insurance provides coverage for you. The insurance company is responsible to pay the amount for medical treatment and the price of repairs or the replacement of vehicles.
Many people get extensive protection in order to get protection for their property and assets. Raising liability limits can help you from property damaged. If a person suffers from permanent injury there might be chances that he or she will not be able to pay for medical bills or rehabilitation.
