Types of Auto Insurance Coverage Explained

By: Belinda Ramos

A question you might ask yourself is: why must we carry auto
insurance? Hopefully one answer you should hear is to protect
yourself and your car. For those same reasons the government
also requires you to have car insurance.

The state of Florida requires you to carry at least the minimum
requirements, which is property damage at ten thousand dollars
and personal injury protection at ten thousand dollars. Property
damage covers another person's vehicle if you are at fault in an
accident. Personal injury protection covers 80 percent of
medical expenses and 60 percent of loss wages as well as up to a
five thousand dollar death benefit for you and your relatives
(that reside with you), minus the deductible if it applies. This
coverage would protect you in case there is any damage to other
vehicles and gives you medical coverage for yourself.

There are many different types of auto insurance coverage to
choose from, depending on what you want covered and what you can
afford. Where should you get started?

First you should ask yourself if you have enough coverage in
case of an incident occurring. Besides the minimum requirement
coverage previously mentioned, there is another type of coverage
that is very important, bodily injury.

Bodily injury coverage is not required by the state of Florida
until you get into an auto accident. This would cover you if you
were at fault in an accident and the person in the other vehicle
suffered injuries exceeding their personal injury coverage. If
you did not have this coverage the other party has the right to
sue and the state may place a financial responsibility on your
motor vehicle report, which you would have to carry for 3 years.
That financial responsibility is called an SR22.

Uninsured motorist is another coverage you may want to consider.
Uninsured motorist covers you if the other party was at fault
and you were injured (exceeding your personal injury coverage)
and they did not have bodily injury coverage. You may use this
coverage to cover the difference of your injuries.

Where does you car fit for injury theft and collision? What
about your dream car? Take a look at this run down based on
2000-2002 HLDI data:

There are two more very important types of coverage that you
might want to explore they are: comprehensive and collision.

Comprehensive coverage would cover your vehicle in the event of
fire, theft, vandalism, hail storm damage or any natural causes
minus the deductible you agreed upon when purchasing your
insurance.

Collision coverage would cover physical damage to your vehicle,
if you were at fault in the accident, minus the deductible. The
insurance company would pay the actual cash value of your
vehicle. If your vehicle is financed comprehensive and collision
coverage are possibly are required by your lending institution.

Extra medical payment coverage can also be provided if you are
interested and the list goes on. All types of coverage are
important but the reality of it is, what we can afford? Keep in
mind your life and your family is very important so having
insurance should be one of your main priorities.

With the web easily accessible you have a vast amount of
knowledge at your fingertips to help you choose the best
coverage for you and your lifestyle. Life is too short, get good
advice and get the right insurance coverage for you and your
family.

Visit http://www.carinsurance.com For Auto Insurance Quotes

About the author:
Belinda Ramos is a representative of CarInsurance.com. You can
visit CarInsurance.com at http://www.carinsurance.com or contact
them at 1-877-327-8728.

Consumers can receive quotes from many insurance companies, in
some states you are able to purchase your insurance instantly,
online. You don't have to drive your car to buy car insurance.
Buy online...anytime!