Auto Insurance: What You Need to Know

Early Man had no idea what was coming when they first created a stone wheel. Who knew then that it would evolve into wooden carts and horse carriages to Henry Ford's T-Model and the shiny new vehicles of today? 

Cars have long been a standard feature in the lives of people today. Thanks to advancing technology, many vehicles have become part office, playground, and even bedroom.  There is not much that you can't get done from the driver's seat anymore.

The family auto is more than a just a tool for work and play; it is relied upon by you and your family on a daily basis.  For some it can also be a status symbol for all of your accomplishments in life. It only makes sense that you need to have an auto insurance policy to protect this very important possession.

FYI: Auto Insurance Policies

What exactly is vehicle insurance?  It is more than just an additional bill and piece of paper to store in your glove box.  You may even wonder how necessary it is.  Think of your auto insurance policy as both an armored shield and a back-up generator. The proper coverage can keep you safe from possible and unforeseen accidents and mishaps. 

Auto insurance may not prevent the other driver from careening into your car or the lamp post from leaping into the middle of the street during a rain storm. But that policy can protect you and your family from further chaos and unnecessary harassment during a time when you may not be at your best.

So you have decided to purchase an insurance policy for your vehicle.  Do you know what coverage is included in your policy?  It is essential to know what basic points of coverage your insurance company should be offering you:

• Bodily Injury Liability: Covers any injuries you (and anyone listed on your policy) cause to someone else.
• Personal Injury Protection: Covers medical expenses incurred if you or a family member is injured in an accident.  This can also cover lost wages, and even burial expenses.
• Property Damage Liability: Coverage in the event you cause any property damage in an accident.
• Collision: Pays for any damage to your car in an accident.
• Comprehensive: This coverage is optional in many states. It pays for any damage that is not caused by another vehicle.  This usually includes theft, earthquakes, floods, riots, collisions with animals, and falling objects.
• Uninsured Motorist: Covers you if the other driver is not have insurance. It also provides coverage in the case of a hit-and-run accident.

Be certain you purchase an auto insurance policy that includes the coverage listed above.