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Auto Insurance
If you own a car, it is mandatory to have auto insurance, not just for your protection but also for the protection of passengers and third parties as well as the car itself. Unfortunately, many people dread the thought of shopping around for insurance knowing that many agents are pushy and annoying. While they are simply trying to do their job and are working in a highly competitive market, for the consumer, the experience is not very pleasant.

With the creation of the Internet, you can shop for prices from the comfort of your home without having to go through anyone. Searching for the perfect insurance company online is easy and convenient. Additionally, this option provides you with hundreds of options rather than just being limited to companies where you live. For example, if you live in Kansas City, you would naturally start checking with local insurance companies but with the Internet, you can shop around for insurance all over the country.

As you conduct your research, you will be asked a series of questions at each insurance website so an accurate rate can be calculated. These questions would include the type of car you drive, your driving history, age, and so. Additionally, there will be another set of questions to determine if you qualify for any discounts. When the forms are complete and submitted, you will receive a quote back via e-mail generally in 30 minutes or less. Along with the quote, you will be provided with the name and contact information for agents in your area or ones that handle your area.

Keep in mind that different companies will offer different types of coverage and prices will vary dramatically. While this is an excellent option for finding great auto insurance, you should learn all you can about the various types of coverage first. This will help you when looking at coverage and price to make sure you buy only what you need.

Collision Coverage will cover any damage to your car in the case of collision with another car or permanent object such as a building, fence, pole, and so on.

Comprehensive Coverage also referred to, as “Comp Insurance” will cover anything that happens to your car outside of a collision. For instance, if your car should be broken into, catch on fire, be vandalized, be stuck in a flood, have hail damage or be damaged from hitting something in the road such as a tire, piece of wood, deer or other animal, furniture fallen off another vehicle, then the comp insurance would go into affect. Whenever a car is financed, collision and comprehensive coverage is mandated.

General Liability – This type of policy is the very basic auto policy. In most states, to drive a car, you need to have at minimum general liability insurance. However, if the car is financed, keep in mind you would need this plus the collision and comprehensive insurance. The purpose of general liability insurance is that it any damage that you would do with your car to a third party, if you were at fault. The policy would cover both property damage and medical expenses, if applicable. This type of insurance can be broken down into two separate sections. The first is for bodily injury and the second for property damage. However, the majority of insurance companies only sell the two together.

Medical Payment – This type of coverage is specifically designed to cover medical expenses to a certain dollar amount for you and your passengers in case of accident. For this policy, it does not matter if you are at fault or not.

Personal Injury – In most cases, personal injury will cover you, any passengers, and pedestrians should there be an accident regardless of who is at fault. Generally, the policy will pay for all medical expenses, which includes time missed from work, doctor’s visits, hospital stay, therapy, and funeral costs. For personal injury, the policy will have a cap on the money and will pay expenses without going over that cap.

Uninsured Motorist – If you should be in an accident with an uninsured motorist and are not at fault, this would be the insurance coverage needed. Both Property Damage Liability and Bodily Injury Liability would be covered.

Other types of insurance available include Underinsured Motorist Coverage, Extended Transportation Coverage, Towing Coverage, and Labor Coverage.
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