Understanding Your Auto Insurance This 2022

​Car insurance is an important part of your financial security. It provides you with coverage against the potential risk of having to pay for the cost of repairs to the vehicle you drive. Thus, the type of car you drive may also affect how much insurance you need. For example, having coverage for a minivan may not be enough coverage to protect your brand new truck in an accident.

How Car Insurance Works
Car accidents can be costly, especially if someone is injured or your vehicle is badly damaged. The purpose of car insurance is to assist in the payment of repairs and replacement as well as to protect you from a potentially devastating financial loss.

Different Types of Car Insurance
An important step in getting the right auto insurance policy for you is knowing the different types of auto insurance coverage. 

The items below are the 4 main types of automotive insurance.

Liability Coverage
Auto liability is mandatory in most states, meaning you must buy the minimum liability coverage as a driver. This insurance plan covers incidents that involve body injuries and property damage.

Collision insurance
This policy may cover damages to your vehicle after a collision with another car.

Comprehensive Insurance
Comprehensive insurance may help cover damage to your car from things like theft, fire, hail, or vandalism.

Medical payments coverage
Regardless of who is at fault after an accident, medical payments coverage can help finance medical costs. 

Conclusion
If you're involved in an accident, and your policy only covers liability, you'll be held financially responsible for the damage you cause to another person or their property. You can speak to a representative who will help you understand which coverage is right for you. 

At Libertoski Insurance Group, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays, and we're here to help you out. Learn more about our products and services by calling our agency at (714) 486-1824. You can also request a free quote by CLICKING HERE. Coverage discussed is not guaranteed. Please talk with one of our agents to discover your exact coverage. We can help you make sure you are getting the coverage you need! Coverage discussed in this article is not guaranteed. Please contact our agents to help you understand your coverage. We are happy to help you!