Three main types of auto insurance coverage to consider

There are many different types of auto insurance coverage offered to West Bloomfield, MI motorists by Agency Advantage Insurance. It’s good for you to be aware of what they all are to find the policy that’s ideal for your needs.

Most people have one or several of three main types of auto insurance coverage. The following are three main types of auto insurance coverage to consider. 

Liability coverage

Liability coverage is the most basic type of auto insurance coverage you can have. If you simply want to meet your legal responsibilities out on the road, you can pay for liability coverage only. 

While liaility coverage will compensate other motorists for accidents for which you are deemed responsible, it will not compensate you in any way for damages to your own vehicle. This means that you have to pay out of pocket to repair your own vehicle if you damage it in an accident that you cause. 

Collision coverage

Collision coverage will compensate you for damage to your own vehicle in an accident. Collision coverage will cover replacement of your vehicle if it is declared a total loss in an accident.

You can combine liability insurance with collision coverage to ensure that you will be compensated for damages to your vehicle in an automobile accident. However, you may have to pay a deductible before your collision coverage kicks in. 

Comprehensive coverage

Comprehensive coverage offers a little more coverage than collision coverage alone. In addition to compensating you for accident damages, comprehensive coverage can also compensate you for damages caused by vandalism, natural disasters, accidents caused by wildlife, and more. 

If you’d like more information on any of the above mentioned auto insurance coverage options available in West Bloomfield, MI, contact us at Agency Advantage Insurance with your inquiry.