We all have a lot to keep track of today. Many tasks and requirements for just about everything we do from living in a home to driving a car, and let’s not talk about what we have to do for our jobs. Some things may be less important, or be a task or requirement we can let slide a little, but one thing that can’t be ignored is car insurance. Every single state in our country requires drivers to carry a minimum of liability insurance coverage, and to have proof of insurance on their person when driving.
Letting this go – not having insurance at all – is probably the worst thing you could do for yourself and your family. In most cases, the penalties and fines for not having insurance are quite steep – upwards of $200 or more. This is a lot of money to have on hand in case of this happening. It is a lot easier to budget your insurance premium payment on a monthly or quarterly basis.
The types of coverage – and their attendant costs – vary, so let’s take a look at a few that are commonly chosen. There are generally five that show up most often and these include liability, collision, comprehensive, personal injury (full), and one policy for uninsured motorist. The minimum coverage available is liability, and covers the damage to vehicles or property that are the result of an accident. No frills, but it will cover the basics and keep you legal.
Collision insurance will cover what liability does plus the damage to your vehicle from an accident. If you drive a late model car or one that is really expensive to fix, collision insurance might be the lowest level you would want to carry. When you get up to comprehensive insurance, you are then talking about levels of coverage that really stand in for you when things go wrong, and not just in case of an accident. Accident coverage is absolutely covered and you can choose the level of payout available here, but this type of insurance will also cover you if your car is broken into and vandalized or personal property or items from the car are stolen. It also covers the theft of the entire vehicle as well as damage from things other than accidents like what can come from weather issues (think hail, or a tree limb falling) or fire.
If you choose to get personal injury coverage, you will be able to take care of any injuries that affect you or others in an accident – again, the level of coverage with the sliding scale of payout is adjustable here. Lastly, there is uninsured motorist, and this type of additional policy will pay for damage to your car that is caused by a driver who isn’t carrying insurance or is underinsured to the level you need for repairs or replacement. No matter what type of car insurance you choose to get, just make sure you have the legal minimum so you are taking care of business the right way. If you are looking for better auto insurance, contact reputable auto owners insurance companies Chico CA and get free auto insurance quote Chico CA.