Auto Insurance Finders
Depending on the Car Insurance Plan you select, coverage will vary. However main areas of coverage are:
In the event of an accident in which the insured is responsible, Bodily Injury Liability will help pay for the expenses the other vehicle passengers may need. The coverage on this area should be enough to take care of multiple injured people and help in case of getting sued. A low coverage for this area can represent huge losses for you, consider it as an investment or protection to your assets.
If you or any of your passengers are injured and the driver responsible for the collision either doesn't have enough coverage or is uninsured, this coverage will help you get through this difficult situation. Think of this coverage as a complementary to other types of coverage. It also comes in handy when involved in a hit-and-run situation.
This is what most people think of first when they think of Car or Auto insurance. This coverage takes care of damages caused from collisions with moving vehicles or by itself (flipping over, losing control of the vehicle, etc.). It must be taken into consideration the fact that a higher deductible will imply a lower premium. This coverage has a higher rate of being used; you can use it from a fender-bender to a more delicate car collision situation. Collision coverage will not pay for any medical or legal expenses.
Basic coverage will consist in medical wages for you (driver) and your passengers. It can also cover the cost of normal functionality of someone injured in the accident and in some cases can even cover for funeral expenses.
This coverage will respond by paying any damage caused to another person's property, damage can be caused either by you or someone driving your vehicle with your consent. Generally this will be used to pay damage caused to other cars, motorcycles or any other street moving vehicle, however it can also help you pay damage to public property (lamps, benches, streetlights) walls, windows or any construction element or building you may drive your car into.
What happens if your accident isn't related to colliding with another car or standing object? What if your car gets hit by a falling tree under a storm? Caught in a fire inside the parking lot? High winds collide an object to it while parked? This is where Comprehensive coverage kicks in. This coverage comes in handy when you live in an area with tough weather.
Why Car Insurance?
First reason why you need Auto or Car Insurance is because it is required, in almost all 51 States, to have auto liability insurance.
Auto Insurance is there to protect your assets. If you are involved in a car accident, auto insurance will help you take care of medical bills, the cost of reparation for vehicles involved, even sew costs (this may vary, depending on the insurance plan you have selected).
Having low coverage can be Dangerous and Risky
The fact is that many drivers prefer to shave off a few bucks of their Car Insurance cost by reducing its coverage. This can be a dangerous situation.
Accidents are not ever the same, the coverage that worked for one, can be too small for another case. Being unpredictability the common factor on accidents, the result of them will always vary.
Don't risk coverage, look for the best Car Insurance that you can afford, this is one thing which is better to be safe than sorry.