Car insurance what type

Edit location. Select a product to get a quote. Register new account Pay your bill. Get your ID cards. Quality Auto Coverage Starts Here. Get a quote Find an agent. Liability coverage has two components: Bodily injury liability may help pay for costs related to another person's injuries if you cause an accident. Property damage liability may help pay for damage you cause to another person's property while driving.

Medical payments coverage is required in some states and optional in others. This content is for informational purposes only and may not be applicable to all situations. Coverage subject to terms, conditions, and availability. Policy issuance is subject to qualifications.

Connect With Us. Update Below. ZIP Code. City, State Set Your Location. You have entered an invalid ZIP. Please try again. Location data not available. Please enter zip code. Please Wait Updating Location If you have a newer or a generally high-value car, collision insurance can help you get back to where you were financially before the damage occurred.

If your car is older, losing value quickly, or close in value to your deductible, collision coverage may not be worth it in the end. Collision coverage is optional in most states and is included in full coverage auto insurance policies, although some leaseholders or lenders may require you to purchase collision insurance. According to Investopedia , personal injury protection will help pay for medical bills after a traffic accident. Personal injury protection insurance may also pay for costs related to or caused by your injuries, such as child care or loss of income.

Some states include personal injury protection as a part of their mandatory minimum auto insurance requirements. Medical payments insurance, or MedPay, covers medical costs after a traffic accident, like surgeries, hospital stays, and x-rays, regardless of fault. MedPay is often compared to personal injury protection, but the largest difference between these two types of coverage is MedPay does not pay for home services or lost wages.

Also known as gap insurance, guaranteed auto protection covers the amount of money you owe on a lease or loan if it exceeds the vehicle's actual cash value. When your car is totaled or stolen, your comprehensive or collision coverage will only pay for the car's current value, which may be less than what's left on your lease or loan.

Gap insurance pays for the remaining balance on your loan that comprehensive or collision coverage doesn't cover. Rental reimbursement pays for the cost of a rental vehicle during repairs or replacement of your insured vehicle. These policies include limits to how much the insurance company will pay per day or claim, although these limits are generally enough to cover you entirely until your car is out of the shop.

Emergency roadside assistance will unlock your car, jump start a dead battery, repair a flat tire, or refuel your vehicle if you have run out of gas. If your car needs to be towed, emergency roadside assistance will tow it up to a mileage limit, either to a repair shop or your home.

Classic car insurance covers a particular type of vehicle. These cars must be considered vintage, classic, or antique to be covered under these plans. Each company has its own definitions of what makes a car classic.

Insurance brings you peace of mind and the knowledge that your finances won't be largely disturbed when you, your car, or another person or their property is damaged in a traffic accident. Go online to find what insurance works for you, or talk to an insurance agent based in your location to get the best rates. Six Types of Car Insurance Coverage. What are the different types of car insurance? All insurance products ». For your ride.

Life Pet Dental Umbrella Identity theft. Accident medical Specialty liability Travel Wedding. All financial goals ». Investing insights. See banking services provided by Axos Bank ». Email for closed account inquiries Nationwide Bank Nationwide Advantage Mortgage Company More info about closed bank account inquiries.

On your own Renting your first apartment Buying your first home Your first job Learning how to budget. Family life Getting married Budgeting your money Having children Furry friends. Planning for retirement Choosing a financial professional Retirement planning Investing resources Downsizing Income in retirement. Personal Business. Resources Auto insurance. Liability coverage Liability coverage is required in most US states as a legal requirement to drive a car.

Collision insurance Collision insurance may cover damage to your car after an accident involving another vehicle and may help to repair or replace a covered vehicle. Comprehensive insurance Comprehensive insurance can provide an extra level of coverage in the instance of an accident involving another vehicle. Uninsured motorist insurance Uninsured motorist insurance can protect you and your car against uninsured drivers and hit-and-run accidents.