As a careful driver, you know a thing or two about protecting yourself from danger on the road. While you cannot control the actions of others, you can do your part by driving defensively and making sure you are properly covered for any problem that comes your way. If you are shopping for an online car insurance quote, however, getting coverage for everything might not be as simple as it would seem. Continue reading to find out what types of coverage you might need to include in your car insurance policy and how to make sure you get them.
Comprehensive Insurance Doesn’t Cover Everything
The term ‘comprehensive’ can be misleading – especially for drivers who assume their protection is all-encompassing of any accident or loss they may face. However, comprehensive insurance is just one valuable piece of a bigger insurance puzzle. With comprehensive protection, your personal vehicle will be insured against damages caused by events other than collisions, such as inclement weather, damage from hitting animals such as deer, and vandalism. What it won’t do is provide any coverage if you collide with another vehicle.
Other Types of Coverage to Include in Your Quote
In addition to comprehensive protection, you will need several other types of coverage, too:
Here in Wisconsin, liability insurance is not an option; it’s mandatory. If you go online, you might be quoted coverage for only the minimum amount of coverage – currently $10,000 for property damage and $25,000/$50,000 for one or more victims you injure in an accident. However, these limits barely scratch the surface of what a liability lawsuit could actually cost. Talk to an independent agent to ensure your car insurance includes enough coverage to protect your assets and income. In some cases, an umbrella policy may be used to supplement liability coverage for an additional $1 million or more beyond the coverage listed in your car insurance policy.
Uninsured motorist coverage is also required with the same bodily injury limits as are required for liability. However, you may wish to purchase more, up to the limits on your liability coverage. We also suggest investing in underinsured motorist coverage (UIM). Though not required, this type of coverage can help cover you and your passengers for costs that exceed the inadequate limits on an at-fault driver’s policy.
Accidents happen. If you have an accident, the cost of repairs could total thousands of dollars. If the vehicle is a total loss, you could find yourself shopping for new transportation. Collision insurance helps ensure these costs do not come out of your pocket. Though you may be responsible for a deductible (of your choosing), the insurance company’s job is to step in and handle any remaining costs up to the depreciated value of your vehicle.
Regardless of whether you or someone else causes an accident, medical payments coverage can help pay for medical or funeral expenses not covered by your health insurance. You can elect an amount starting at $1,000, from which you can pay for copayments, medical deductibles and more.
Some of the most valuable types of coverage are the ‘extras’ that are added onto your policy. When you work with an agent, you can ensure everything you want coverage for is added to your plan, as opposed to doing it yourself, which could leave you with unexpected gaps in coverage. Examples of specialty coverage and endorsements include:
- Rental Car Reimbursement
- Towing Expenses
- Roadside Assistance
- OEM Parts Coverage
- And More
If you are planning to get an online car insurance quote, why not start your search with a trusted local agent who can help you shop and compare policies from multiple carriers? To get started on your quote, visit our website or contact the team here at Carrigan Insurance today. We look forward to serving you soon.