1. Overview of Auto Insurance and the Different Types
The different types of car insurance include personal injury protection, and property damage and collision; all are wise investments. Buying auto insurance is a big decision with each state or lender having its own minimum insurance requirements. Before investing in any type of auto insurance it’s important to research the various types of auto insurance coverage available to you.
Full or Comprehensive auto insurance covers what the name suggest.  Full coverage auto insurance insures the owner against everything from theft to an accident. Full coverage has its pros and cons.  The benefit of this type of insurance is that there is no need to show fault in an accident to make a claim.  However, this type of auto insurance is usually the most expensive as well.  Just remember that “full” coverage does not necessarily mean the insurance provider covers the complete cost of repairs.  Usually there is a deductible involved.
The minimum insurance coverage required is called liability insurance. Personal injury protection insurance also falls under this category. Liability insurance basically covers any damage or expenses another person would incur due to a collision caused by you. Damage done to your vehicle is not covered, which is why most banks require full coverage auto insurance on vehicles they provide loans for.  Likewise, personal injury insurance covers medical expenses and lost wages resulting from an auto accident for the party not responsible.
Choosing the right auto insurance coverage depends on the state you reside in and the requirements of the financial lender if you do not own your vehicle.  It’s best to start your search by looking into the minimum required coverage for you and building on the policy from there as it meets your needs.