There are many types of car insurance out there and many choices that you will have to make regarding your own vehicle insurance policy. No matter what kind of car you drive, these choices will have to be made so that you can build a policy that fits your needs and your situation specifically. This might seem confusing at first, as there are plenty of options that you probably didn’t know about, so it is important that you take some time to familiarize yourself with the different options that you have open to you. Here are four commonly unknown types of insurance coverage that you can choose as part of your policy.
Uninsured or Underinsured Motorist Coverage
Some people might tell you that you are covered no matter what when you have insurance on your vehicle. This, however, is not true. If you are not at fault in an accident, it is generally the other motorists insurance company that covers your vehicle. Sadly, there are still a lot of drivers out there who don’t have coverage at all. In this event, you will be left holding the financial responsibility for covering your vehicle and if you don’t have this type of coverage you may be in trouble. Since you never can know if someone is insured or not, it may be a good idea to have this coverage regardless.
Medical Payments and Additional Medical Payments
It’s no secret that many car accidents land people in the hospital with one type of injury or another. While some insurance policies will pay for some of the bills that are associated with such trips to the local emergency room, they generally have a limit on what they will pay. Most of the time, this limit is nowhere near the actual medical costs, which might leave you wide open for a lawsuit. Instead of worrying about that, consider opting for this type of insurance so that you don’t have to worry about what might happen and what injuries you might be responsible for.
Towing and Labor
There are times when you might need your vehicle towed to a repair shop after an accident or because of an event that damaged your vehicle. While the repair itself might be covered under the insurance policy that you have, the actual transport of the vehicle to the shop may put you back a good fifty to a hundred dollars. If you want to avoid that, you can always take on the affordable towing and labor coverage that most insurance companies offer. Because it’s a fairly cheap service, you usually don’t have to pay more than a dollar or two a month to carry it.
Rental and Emergency Coverage
Though they are different, these two types of coverage go hand in hand. When you need transportation, it’s important that you have it available to you. The last thing you want is to find yourself without a vehicle and without a way to get where you are going. Whether you are waiting for your vehicle to be fixed after an accident, or you simply find yourself locked out, having rental coverage and emergency roadside assistance will always ensure that you have a way to get where you need to go without having to walk or stress about how you might get there.
About the Writer: With over ten years of experience in the insurance industry, Mandy Koler likes to offer insider information and help in finding free car insurance quotes to consumers across the nation. By maintaining her own blog, and by publishing pieces like this on well known blogs like this one, she strives to help people everywhere get the best prices and the best insurance coverage anywhere.