Whether you’re a new driver or a seasoned pro, it’s important to know the different types of auto insurance and what they cover. Depending on your budget, you can tailor a policy to get the coverage that best suits your needs. Contact an Insurance Solutions advisor for more information.
Here are the different types of auto insurance and what they cover:
Liability Coverage
Liability coverage is the most basic type of coverage and is required in South Carolina. It covers damages to other people and property if you are at fault in an accident. There are two types of liability coverage: bodily injury and property damage. Bodily injury coverage covers medical expenses and lost wages for the other driver and passengers if you are at fault. Property damage covers damage to the other driver’s vehicle or property.
Collision Coverage
Collision coverage protects you financially if your vehicle is damaged in an accident, regardless of who is to blame. If you have a loan or lease on your vehicle, you are required to have collision coverage. Did you know that vehicle repairs can exceed a threshold of its actual cash value? Let our experienced insurance advisors review your current policy to answer any questions you may have before a claim occurs.
Comprehensive Coverage
Comprehensive coverage pays for damage to your vehicle that is not caused by accident, such as theft, fire, and flooding. It covers damage to your windshield too.
Contact Us Today
Contact the Insurance Solutions team of experienced insurance advisors to learn more about auto insurance requirements. We can offer information regarding how safe driving behaviors can help you save money too!
