DYNAMIC LIFE AND AUTO INSURANCE : Auto Insurance Components

Cheap auto insurance can end up costing you a lot more than you bargained for if you purchased discount car insurance without the coverage you really needed in the first place. Before you compare auto insurance quotes and buy insurance online, you should first know the basic types of insurance coverage available and then select the coverage that best suits your needs. We are here to help you make the right choices.

Before you start searching for auto insurance discounts and getting auto insurance, learn about both the basic and optional insurance coverage available. Do you need auto liability insurance and/or bodily injury liability protection? Should you purchase optional gap auto insurance? And what is the difference between comprehensive auto coverage and full coverage auto insurance? You'll find all the answers right here.

When you buy car insurance online, don't just compare auto insurance quotes, take a close look at the insurance coverage that comes with each insurance policy.

Auto insurance coverage is packaged into a number of different components. When considering discount car insurance, the first thing to do is determine what your state's minimum auto insurance requirements are. Each state is different, so visit our State-by State Insurance Guide to find out your state's requirements.

You purchase car insurance for two reasons:1) to protect yourself (and your family) in the event of an auto accident and you suffer a loss to your person or property; and, 2) to protect yourself (and your family) from losses suffered by others in the event of an auto accident.


Here are the basic types of auto insurance coverage and their components:

Listed below are the different components of a basic auto insurance policy, as well as several types of optional insurance coverage.

Auto Liability Insurance
Bodily Injury Liability Protection
Collision Coverage
Comprehensive Auto Coverage
Full Coverage Auto Insurance
Personal Injury Protection
Property Damage Liability
Uninsured Motorist Bodily Injury Protection
Uninsured Motorist Property Damage
Rental Car Reimbursement Coverage
Towing Reimbursement Coverage

No comments: