Saturday, March 1, 2014

How to Choose Auto Insurance That's Right For You

Auto insurance basically refers to insuring your family's main vehicles. People love their cars, they cannot bear any harm on them. Moreover, car accidents are the most common type of accidents happening on a hourly basis in almost every city, state and nation.
Most of the car owners prefer to get their car insured but the problem is most of them do not have any idea about what to include in the risk coverage. Auto insurances can even cover your health risks that might happen in case of an auto accident. How much you pay your auto insurance depends upon a number of factors which includes age, marital status, address, type of car you drive etc. The premium amount you have to pay depends upon your age and also the kind of car you drive.
Not to forget that it is required by law in most States that you have Auto Insurance before you are allowed to drive.
In order to get a proper insurance for your car you should have the knowledge about what your insurance is actually insuring. It should be kept in mind that the single insurance policy that you are undertaking should cover all the major risks that might be associated to your vehicle.
The five major risks that should be kept in mind while getting auto insurance is as follows:
Bodily Injury Liability: covers deaths and injuries caused during an auto accident.
Medical Payments: payments for injuries to yourself, other occupants of the car. Personal injury protection is provided by it.
Property Damage Liability: covers costs of repair for the damage caused to your car in case of an accident.
Uninsured motorist Protection: caused injuries caused to the car owner and other occupants of the car by uninsured hit ad run drivers are covered. Under insured coverage is also available, to cover claims you may make against a driver who has insufficient insurance.
Collision Coverage: covers damage to your car up to its real value. It carries a deductible amount which is the amount per claim the owner has to pay before the insurance takes effect. The lower the deductible, the higher is the premium.
The above tips should be kept in mind when getting auto insurance. The above points are the five basic tips which one requires while getting auto insurance. It is essential that an auto insurance covers the above mentioned coverage areas so as to reduce the risk to your vehicle and your liability, to almost minimum.


Article Source: http://EzineArticles.com/6209289

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