Auto Insurance Coverage Types
Wallpaper. While basic, legally mandated auto insurance covers the cost of damages to other vehicles that you cause while driving, it does not cover damage. In order to be an educated consumer, you will want to research all the types of auto insurance coverage before you decide what you need to buy.
What are the different types of coverages? A different kind of auto insurance is required with vehicle loans. Car insurance is made up of several different types of coverages.
There are many different auto insurance coverage types.
Full coverage is a commonly used term among auto insurance buyers. Auto insurance includes liability coverages, vehicle coverages, coverages for yourself, and other optional coverages.* Depending on where you live, some of these coverages are mandatory. The type of auto insurance coverage you need depends on your financial situation, your state's requirements and whether your vehicle is paid off.