Car Insurance 101

We all have or should have Auto Insurance on our vehicles….but who reads the whole policy or the fine print. Do you know what you’re paying for or what you need? These are automobile insurance basics aka Car Insurance 101.

Liability Policy – This is the coverage that is paid if you are at fault in a traffic accident. If the damage is more than you are insured for, the other driver can sue you personally.

Collision Coverage – This pays for repairs or replacement of your own vehicle if you are at fault in an accident.

Comprehensive Coverage – Is similar to collision coverage but also covers damages by vandalism and “acts of God”.

Theft Policies – Reimburses you for replacing your vehicle or parts in the event some piece of it was stolen.

No Fault – Covers drivers for their own medical expenses regardless of who is at fault. Not in effect in all states and has limitations on lawsuits.

If you need
insurance or want to be sure you are covered don’t just wonder about it, do something! If you want to evaluate insurance companies to get the best policy for you, its as simple as a click…..Auto Insurance ME

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