Types of Automobile Insurance

A Guide to Simplify Your Auto Insurance

Collision Coverage (required by lender)

Collision coverage helps pay to repair or replace your vehicle if it collides with another vehicle or object.

Comprehensive Coverage (required by lender)

Comprehensive insurance helps pay to repair or replace your vehicle if it’s damaged by something besides a collision, including theft, fire, vandalism, or hitting an animal.

Liability Coverage (required by law; you select limits)

Liability coverage pays another party’s medical expenses, vehicle repairs, and property damage if you were responsible for the accident. Georgia law requires a minimum bodily injury liability of $25,000 per person, $50,000 per occurrence and property damage liability of $25,000 per occurrence.

Uninsured Motor Vehicle Coverage (required by law in most states)

In many states, as many as 1 in 4 motorists drive uninsured. Uninsured motorist coverage helps pay for medical expenses if you’re injured in an accident caused by someone who doesn’t have liability insurance. This would also pertain to hit and runs and in cases where insurance companies refuse to accept responsibility.

Underinsured Motor Vehicle Coverage

If someone injures you in an accident, their liability insurance should pay your medical expenses. But what happens if the other person doesn’t have enough liability insurance? Underinsured motorist insurance can help when motorists only have minimal coverage.

Medical Payments Coverage (Not legally required, but very important)

Medical payments coverage helps pay medical and funeral expenses if an insured person is injured or killed in an accident. By adding this low cost coverage, your auto insurance will help pay for medical services, such as chiropractic, no matter who was at fault. Unlike health insurance, there is no deductible, co-payment, and it gives you the option to choose your doctor. Using it will not make your rates go up!

Other Coverages:

  • Emergency Road Service Coverage
  • Car Rental and Travel Expenses Coverage