Car Insurance Information

Majority of the states require that people have some kind of auto insurance, so it is a very good idea to know what the law requires you to have and what additional or optional coverage will help to protect you in the event of an accident. If you are financing a new or used car, the finance company that you get you car loan through will want you to carry auto insurance as well. It is a good idea to carry some type of coverage no matter what type of ride you have and rather it is paid for or not.

Shop and Compare Multiple Auto Insurance Quotes.Glossary:

Liability - This will pay for body injury and property damage. Injury damages include medical  and lost wages. Property damage includes damaged property and cars. State laws determine how much liability coverage you must carry on your car.

Collision - This coverage will pay for damages to your own vehicle that is caused by a wreck with another car or another object.

Comprehensive - This coverage pays for loss or damage to the insured vehicle that does not occur in a car accident. This is good in case there is a loss by fire, wind, hail, flood, vandalism or theft.

Medical Coverage - Pays medical expenses regardless of fault when the expenses are caused by an auto accident.

PIP - Personal Injury Protection (PIP) is required in some states. This coverage pays medical expenses for driver, regardless of fault, for treatment due to an auto accident.

Uninsured Motorist - Pays for your damages even when a car accident is caused by another driver who doesn't have insurance.

Underinsured Motorist - Pays your car's damages when an auto accident is caused by someone who has little liability coverage.