==== ====Get insurance quotes for your car, and visit our blog to see the questions everyday people askwhen they face difficult situations in their life with their vehicles and insurance policies. For thisand more visit:http://www.LicensedBroker.com/==== ====What is a car insurance? What will an auto insurance cover?Auto insurance companies cover you and your passengers in the event of an accident. But it is upto you to decide the level of cover you will get.Will the damages to your property be covered by the company? Will all the passengers be coveredor only your family? What if your daughter was driving your car?What questions should you ask your auto insurance company when it comes to auto insurance?This article help you choose between the various insurance policies.Types of auto insuranceLiability insurance, or third party insurance.This is general the lowest form of insurance offered by an auto insurance company. This is thebasic insurance, if you are involved in an accident, and it is proven to be your fault, the autoinsurance company will pay damages to the other party.The cover offered by the auto insurance company is usually set beforehand. These are themaximum amount the auto insurance company will pay in case of accidentFor example the agent will agree on a $10000 coverage per person, (bodily injury) and/or $40000coverage in bodily injury and/or $10000 in property damage per accidentYou need to confirm with your auto insurance company what they will cover and what are thelimits.You might be offered a very low premium by some auto insurance company only to realize thatyour cover is minimal and unrealistic.Collision and comprehensive coverage, comprehensive insurance and full comprehensiveinsuranceAn auto insurance company will also offer you a comprehensive insurance, as the name indicates,you will be comprehensively covered.
In simple terms it means that if you are responsible for a collision the insurance company will payfor the repair of the vehicle.But it is not so simple, an auto insurance company will almost always have the final say on whatamount will be paid out, so if it is cheaper to give you market value for the car, then they will.You might think that your car is worth $1000.00 but the real market value might be $500.00. Thisis not an uncommon scenario. So if the repair of your car are more than $500.00 then the autoinsurance company will simply pay the book value of the car.You must make sure that the insurance company is not in control of the market value of the car,normally organisations like the AA will give an impartial market value.As with the third party insurance, the auto insurance company will almost certainly limit the amountthat will be paid out, but in general terms, a comprehensive insurance will have higher limits.Recreation VehicleA recreation vehicle needs its own insurance, a Recreation vehicle insurance is not the same asauto insurance.You should not assume that because your car is comprehensively insured, so is your recreationvehicle.Other Types of auto insuranceMedical (MedPay), Persona Injury protection (PIP) and no fault coverThis insurance will cover you and your passengers medical expenses in the event of a collision.The no fault cover means that the auto insurance company will pay regardless of who is at fault.This give you the piece of mind that, at the very least, your family and friends are covered.PIP is often a minimum requirement in some countries or states, ask your auto insurancecompany what the requirements are.Uninsured/Underinsured motorists coverageThis cover, (also sometimes a minimum requirement in some states), will cover you if the personat fault is not insured or is underinsured.You must ask your auto insurance company what you will be charged in case of such a situation.Normally the auto insurance company should not charge you some extra premiums.Rental reimbursement, towing and labourThose extras often given with a comprehensive insurance is often use by auto insurancecompanies as specials.
So in case your car is damaged the auto insurance company will pay for rental costs, (sometimesonly for a few days).The auto insurance company might also offer to pay for the towing of your vehicle, (not alwaysincluded).As always you should ask your auto insurance company what is included in the cover.The legal requirements.Most states, and most countries will require a certain level of cover, from full comprehensive carinsurance to third party auto insurance.In most cases it is up to you, the driver, to ensure that your auto insurance company offers you theminimum required. In most cases the insurance company, (the auto insurance company), is underno obligation to instruct you of the requirements.But of course, a good auto insurance company will, (should?), try its outmost to advise you on thebest deal for you.Find out more about Auto Insurance company [http://www.insurance-owl.com/other/car_co.php] onour website.Insurance Owl [http://www.insurance-owl.com] gives simple, clear information about insurance.Everything, ranging from health insurance to indemnity claims, including Auto, Travel and lifeinsurance.Article Source:http://EzineArticles.com/?expert=Simon_Goodman==== ====Get insurance quotes for your car, and visit our blog to see the questions everyday people askwhen they face difficult situations in their life with their vehicles and insurance policies. For thisand more visit:http://www.LicensedBroker.com/