The Basics of Auto Insurance Quotes
If you’re in the market for auto insurance for the first time, each insurance quote you compare may confuse you. It’s important to learn what you can about auto insurance policies so you can choose the auto insurance quote that suits your needs and budget best. In the video posted on this page, you can learn about the basic terminology around auto insurance policies.
Auto insurance policies generally include multiple kinds of coverage. The first kind of coverage you’re likely to hear about is liability coverage. This type of policy covers injuries and property damage you cause to other people and comes into effect when you’re at fault for an accident. This protects you from being sued directly after an accident.
Medical payments coverage is necessary if you want your own injuries covered after an accident. Uninsured motorist coverage is important because it protects your interests if you are involved in an auto accident with an uninsured driver. Although auto insurance is legally required in most places, some people illegally drive without it.
Collision or physical damage coverage will come into play if your vehicle is damaged in a collision or due to other causes, such as lightning strikes, storms, or other events.