What You Need To Know About The Different Types Of Auto Insurance

​If you’re planning to get a car or you're currently in the process, you must first get to know what auto insurance is. This will be an important part of buying your car. Knowing your options can give you another advantage along the process. One of these is knowing the types of auto insurance you can get.

Types of Auto Insurance
You can get many policies depending on your needs, lifestyle, and status. We listed down some of the most common types of auto insurance and how they can help you.
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1. Third-Party Liability or Liability Coverage
   The policy can cover someone’s property and the costs of injuries when you are at fault in an accident. This is one of the affordable insurance and has two categories; bodily injury liability and property damage liability. Most states require drivers to get the minimum liability insurance at least. 
   
   
2. Medical Payments Coverage
   Medical payment coverage helps you in dealing with your medical expenses in times of an accident. This may cover x-rays, hospital visits, and any accident-related injuries. Whoever is at fault, insurance companies usually allow you to claim for medical bills specifically.
   
   
3. Personal Injury Protection
   PIP or Personal injury protection allows you to pay medical bills like medical payments insurance. This insurance also covers other expenses like loss of income due to accidents or childcare expenses. 
   
   
4. Collision Insurance
   Any damage to your car due to hitting an object or other vehicle can be covered by this insurance. Repair costs and replacing damaged parts or cars may be included in the policy, depending on your coverage. 
   
   
5. Comprehensive Car Insurance
   Comprehensive car insurance covers non-accident-related damages. The policy may include fire, hail, some natural disasters, and damage by animals or falling objects. Some companies can also cover vandalism, theft, or glass damage. This additional protection can repair or replace your vehicles depending on your premiums and accident. 
   
   
6. Uninsured and Underinsured Motorist Insurance
   This policy allows you to get covered for medical bills if an uninsured or underinsured driver hits you. Depending on your state, this can also pay for your car repairs. The role of this insurance is to protect you in case a driver's insurance is limited or can't afford to cover you as a liability. 
   
   
7. More Types of Auto Insurance 
   Aside from the common auto insurance listed above, there is more auto insurance that you can purchase for added protection.
      - Rental Reimbursement Insurance
      - Classic Car Insurance
      - Gap Insurance
      - Towing and Labor Insurance

Conclusion
There are so many things to consider and learn from getting insurance. Hopefully, this basic information gives you an idea to get started and know what fits your needs. But the most important thing is to know how insurance can protect you and your family in the future.

At UG Insurance Brokerage Inc, we put our clients first by offering them policies that they can afford. Insurance is a necessity nowadays, and we're here to help you. Learn more about our products and services by calling our agency at (718) 848-7777. You can also request a free quote by CLICKING HERE. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!