Choosing Type of Car Accident Insurance

Anyone who has a car needs a car accident insurance. In most states, it is actually required by law. The problem arises, when choosing for what type of car accident insurance policy you should get.

Car insurance policy is based on various factors such as age, sex, car model and type of car insurance coverage you are looking for.

Before deciding on a car accident insurance policy, the first thing you need to know the extent of what you need. Some of scale may be required by law, while others are optional.

Here are some basic types of coverage can be obtained from:

o Responsibility – This is the cost for personal injury and property damage other people permanently after the accident, including medical expenses, pain and suffering, and missed wages. It also pays for damage to property and vehicles. This will only cover those costs, if you are to blame

o Collision – Pays for damage to the car, which is caused by collision with another vehicle or object.

o Comprehensive – Pays for loss or damage which is not the result of a car accident. This includes losses due to fire, flood, vandalism or theft.

o health care costs – Pays for your medical expenses regardless of who is at fault, as injuries caused in a car accident.

o Personal Injury Protection (PIP) – Mandatory some states, it applies to medical expenses the insured for injury to the driver who caused traffic accidents.

o Uninsured Motorist – pays for damage to the car, if one has no fault liability insurance.

o Under insured Motorist – pays for damage to the car, if he is to blame the lack of liability insurance.

o Rental Reimbursement – pays for damage to the rented car, which was in a traffic accident.

After realizing the types of coverage, you may consider these factors decide what type of car accident insurance policy you need.

o Know your state laws – you know what a car accident insurance is required in the state you live for the sake of completeness, 47 of the 50 states require all drivers to have liability insurance, and fifteen states require all drivers to purchase PIP.

o Know your options – you know what type of coverage you need. This is the key to choosing the right car accident insurance.

o Know your car – Ask yourself if your car was totaled or stolen, you can replace it? If not, then you may need a comprehensive and collision coverage.

o know about your other insurance – many people do not realize that other types of insurance such as health and homeowners insurance may cover damage caused by traffic accidents.