There are many different types of insurance that car owners can purchase for their vehicles. In addition to mandatory liability insurance, car owners can choose from various policies including collision, comprehensive and personal injury insurance. Below you’ll learn about the optional types of coverage that’s available for vehicle owners. By being knowledgeable about the different kinds of policies, car owners can select the right coverage when speaking to an agent that offers Auto Insurance.

Collision
This type of insurance coverage pays the repair bills for a damaged vehicle when a car owner is at fault in an automobile accident. If the cost to repair the vehicle is more than what the car is worth at the time of the accident, the insurance company may pay the car owner the value of the car instead of paying for repairs. When purchasing collision insurance, car owners can lower the cost of the insurance by having a higher deductible. This is the amount that a car owner pays for the repairs before the insurance starts paying.

Comprehensive
Car owners who purchase this type of insurance policy are covered if their vehicles are stolen or vandalized. This insurance coverage also pays for repairs to the vehicle if it’s damaged by fire or a natural disaster. Car owners also have a deductible when purchasing comprehensive insurance and the insurance policy is less expensive when the car owner chooses a larger deductible amount. When vehicle owners purchase this type of insurance along with a collision policy, they have full coverage insurance on their vehicle.

Personal Injury
If the driver of a car and any passengers are injured during an automobile accident, personal injury protection insurance will pay for the medical costs for everyone in the vehicle. This type of insurance pays for various types of medical expenses such as hospital stays, doctor visits and rehabilitation. In some instances, this insurance even pays for lost wages from work due to serious injuries.

Speak with a qualified agent that offers Auto Insurance to find out what your monthly insurance premiums will cost. Car owners can also visit Nepainsurance.com to request a quote for personal or business insurance including auto, life, home owners or renters insurance.

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