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Car Insurance typically called Auto Insurance protects the policy owner against financial damages in case of an accident. Accidents big and small happen each day right from a small stone hitting your windshield to a massive rollover which gives your car the status of being totaled. There are many components you need to understand about your Car Insurance and we try to bring as much information possible in this section.
The Car Insurance policy has three main types of coverage
- Property Coverage - this helps pay for the damages to your vehicle and will cover if your car gets stolen
- Medical Expense Coverage - When you are in an accident you need help paying the bills for the rehabilitation and treatment to your injuries. Along with it some policies provide lost wages and even funeral costs.
- Liability Coverage - This helps with the medical and legal costs of a third party whom you have injured or whose property you have damaged.
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