Basic
Types Of
Car Insurance Coverage's
|
|
Collision |
Pays
for the damages to your car that occur from either hitting
another car or object.
|
|
Comprehensive |
Pays
for the damages to your car that are not a result of a
collision (floods, hail, fire, theft, or vandalism).
|
|
Personal
Liability |
Pays
claims against you. Covering the legal fees in the event
your car damages property, injures or kills someone in an
accident.
|
|
Property
Damage |
Pays
for legal defense if your car damages another's property.
|
|
Medical
Payments |
Pays
medical expenses of the driver and the passengers of your
car in an accident.
|
|
Uninsured
Motorist |
Pays
for injuries caused by uninsured or under insured or hit and
run driver.
|
|
Gap
Insurance |
With
today's creative financing such as extending the length of
time of the term, it's possible for a person to fall into a
situation where if the car is wrecked and totaled the
owner's insurance will only pay the market value of the car.
Not what you owe on it. This could leave you holding the bag
for the difference.
Gap Insurance
is sold for
protection from this scenario.
|
