Our team at Morco Insurance Agency has extensive experience in the insurance industry, and we want to help you get the right insurance for your needs. We also know insurance policies can be confusing, so we do our best to make everything as clear as possible. In this article, we’ll cover the basics of auto insurance to help you choose the right policy for you.
Auto insurance generally includes three types of coverage, namely:
- Property Coverage – The property coverage portion of your auto insurance covers damage to your car. This is what kicks in to cover repair costs for your vehicle after an accident and covers the cost of your car if it gets stolen.
- Liability Coverage – The second type of coverage included in auto insurance policies is liability protection. This type of coverage pays for your legal responsibility to others for any property damage or injuries. In other words, if you cause an accident that hurts someone else or damages their car or other property, your liability coverage will kick in to pay for all or some of the costs involved. Without this protection, you would have to pay for these expenses out of pocket.
- Medical Coverage – Lastly, the medical coverage part of your auto insurance is designed to pay for some or all medical expenses incurred as the result of an auto accident. If you or someone else gets hurt in an auto accident, then this coverage will help you pay for the necessary medical treatments.