Types of Auto Insurance Coverage Explained

Written by Belinda Ramos

A question you might ask yourself is: why must we carry auto insurance? Hopefully one answer you should hear is to protect yourself and your car. For those same reasonsrepparttar government also requires you to have car insurance.

The state of Florida requires you to carry at leastrepparttar 136875 minimum requirements, which is property damage at ten thousand dollars and personal injury protection at ten thousand dollars. Property damage covers another person's vehicle if you are at fault in an accident. Personal injury protection covers 80 percent of medical expenses and 60 percent of loss wages as well as up to a five thousand dollar death benefit for you and your relatives (that reside with you), minusrepparttar 136876 deductible if it applies. This coverage would protect you in case there is any damage to other vehicles and gives you medical coverage for yourself.

There are many different types of auto insurance coverage to choose from, depending on what you want covered and what you can afford. Where should you get started?

First you should ask yourself if you have enough coverage in case of an incident occurring. Besidesrepparttar 136877 minimum requirement coverage previously mentioned, there is another type of coverage that is very important, bodily injury.

Bodily injury coverage is not required byrepparttar 136878 state of Florida until you get into an auto accident. This would cover you if you were at fault in an accident andrepparttar 136879 person inrepparttar 136880 other vehicle suffered injuries exceeding their personal injury coverage. If you did not have this coveragerepparttar 136881 other party hasrepparttar 136882 right to sue andrepparttar 136883 state may place a financial responsibility on your motor vehicle report, which you would have to carry for 3 years. That financial responsibility is called an SR22.

The Many Benefits of Travel Protection Plans

Written by James Diaz

Many people purchase insurance thinking I want full coverage and once I get it I will be covered for every event that may befall my vehicle. But then they begin to question if every type of incident is covered with full coverage. Some events that people question if they are covered for are: if my car breaks down what about towing costs or if I need a rental car doesrepparttar insurance company pay? Towing service and rental service is not an automatic service that you are covered for but it can be easily added to a new policy purchase or duringrepparttar 136874 renewal process.

There are many benefits for you withrepparttar 136875 travel protection plan that is offered with auto insurance policies. First of all this optional coverage does not cost you anything more on your initial down payment. That's right, nothing extra on your down payment. Whether you decide to add it or not you still payrepparttar 136876 same down payment. This service is 100% financed into your monthly payments and for so much coveragerepparttar 136877 cost is very small!

The benefits for you are these:

If you are in an accident or if your car just breaks down, this service will reimburse you for towing service up to $50 each time you use it! If you need to be towed multiple times during your term no problem, you can use this towing plan as much as you need it. You are not required to use just one company either; you are able to use any company you wish.

Another benefit is that if your vehicle is disabled due to an accident or is stolen, you will be reimbursed for rental expenses up to $25 a day for as long as 10 days! If you are traveling, for example visiting family and are 250+ miles from home, this plan will also reimburse you for up to 5 days to get home at $25 a day. Again you may use any company you wish for your rental. In addition any personal effects in a rental car that may be stolen or are lost due to fire in a rental car will be covered up to $300.

Many people, during their busy day, find themselves accidentally leaving his or her keys in their car just as they closerepparttar 136878 door. Normally one panics and wastes time trying to find a way to break into their own car or calling for some to come bring that extra key from home. Most likely you still end up calling a locksmith to unlockrepparttar 136879 car and you won't be getting that money back. The travel protection plan saves you because it will reimburse you up to $25 for lock out service if this happens to you.

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