Compare Quotes To Find Cheap Rates

Auto Insurance is there to protect your assets. Auto insurance will help you take care of medical bills, the cost of reparation for vehicles involved, and even sew costs (this may vary, depending on the insurance plan you have selected) should an accident occur.

Property Damage Auto Insurance

Auto insurance coverages are basically divided into two categories known in the auto insurance industry as first party coverage and third party coverage.

First party coverages are the provisions in your auto insurance policy that are there to protect you, your assets, and your property. These include damage to your vehicle, or injuries to yourself. Third party coverage pays for the damages or injuries you cause to other people and damages to their property as the result of your operation of a motor vehicle. Property Damage is an example of Third Party Coverage.

Property damage really is one of the most important auto insurance coverages you can have. Property damage insurance doesn't only pay for damages to another vehicle, it can cover you for damage you do to a fence, a building, a lawn mower - practically any type of property owned by a third party that you damage with your car. Property damage will also protect you in the event another person's auto insurance company sues you in relation to an accident.

Now, you can choose not to carry collision insurance - because depending on the circumstances you may or may not want to repair any damage you do to your own vehicle. Maybe you are even a do-it-yourselfer, and plan on fixing any damage you might inflict on your own car yourself. However do not count on a third party being so flexible!

If you damage someone else's car-you had better believe they' re going to want it fixed. You know how costly car repairs can be. Even a little fender bender in a parking lot can put you thousands of dollars out of pocket if you do not have Property Damage Auto Insurance.

How Much Property Damage Insurance do I need?

Almost all states require that you do carry some Property Damage car insurance. However, the minimums are usually very low, and will not provide you much coverage in the event of any significant accident. Consider this, the average cost of a new car is around $20 - 25,000.00. Total a car, and you are on the hook for all of that - total a Porsche and you can be looking at a price tag of 50 grand or more! And forget about luxury cars - suppose you hit the side of someone's home or business building? That can easily be $50,000 or more in repair bills.

So you really should carry at least $50,000.00 in property damage - and for only a few dollars more a month, you can get a $100,000 Property Damage liability limit, which most insurance agents recommend is a good idea for peace of mind!

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).

Find Car Insurance in Your State

Find Your State
Begin, Click here