2.  Auto Insurance Options Explained
Auto insurance, like other types of insurance is designed to help cover unexpected expenses, in this case, stemming from an accident.  Every state in the U.S. requires drivers to carry some form of auto insurance.  Understanding the different types of auto insurance will help you chose the right coverage for you in an affordable policy.
There are two main groupings of auto insurance, liability and full coverage.  Liability is usually the minimum coverage required by the state. This kind of insurance covers the expenses you’re responsible for if you cause an accident and damage someone else’s vehicle. Liability insurance will not cover any damage your automobile sustained in the accident.  Bodily injury insurance comes under the liability minimum as well.  This type of insurance provides coverage for medical bills that are a result of an at-fault accident caused by you.
Full coverage auto insurance covers significantly more than liability insurance and is often required by your auto loan provider.  Full coverage will cover the cost of damage done to both your vehicle and the other vehicle involved in an at-fault accident that you caused.  If you drill down in your full coverage policy, you’ll there are options.  Comprehensive and collision coverage and uninsured motorist insurance coverage are options within a full coverage plan.
Comprehensive and collision can be required by banks holding auto loans to cover damage done by non-accident related incidents like theft or vandalism.  Uninsured motorist insurance is meant to protect you or the loan holder against uninsured drivers who would cause damage to your vehicle during an accident.  Towing and rental insurance is also available for those who wish to be covered completely. Before you invest in an auto insurance policy, make sure it meets your state and lender’s requirements.