Reader’s Question:
Hi, I’m Jenna, and I live here in San Antonio Texas. Can someone explain to me the different types of car insurance coverage? My mom’s buying me a car!
Jenna
San Antonio, Texas
There are many types of automobile insurance coverages out there, and I’m glad that you’re taking the time and putting in the effort to know. That just shows what a responsible person you are. I’ll try to differentiate the major types just as an overview. Try to learn the finer details by asking different automotive insurance companies there in San Antonio, TX.
On the top of the list is Bodily Injury and Liability. This does two things: covers you when you injure someone, and pays your legal fees, should you have any. Car Rental coverage will pay for your car rental fees when, as a result of an insurance claim, your car is indisposed and is being fixed. Collision coverage will protect you should your vehicle collide with something. For damages caused by theft, vandalism and natural calamities, you need Comprehensive Insurance. Credit Insurance will pay off your remaining auto loan balances in the event of death or permanent disability. Full Glass pays for damaged windows. No Fault coverage will pay for medical expenses of everybody that was injured regardless of who caused the accident. Medical coverage, on the other hand, pays the medical bills of your passengers and yourself if you live in an area where No Fault is not available. And finally, Liability Insurance will pay for vehicular repairs or for any damages to stationary objects that were hit.
Tags: auto insurance, car insurance