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WHAT ARE THE 5 PRIMARY TYPES OF AUTO INSURANCE COVERAGE?

11 Jan 2023

Car owners in Boston, Massachusetts should purchase auto coverage and limits not only because they are legally required to secure one in order to register and drive their vehicle but because auto insurance in Boston can help protect them against possible financial losses in the future. If you get involved in a road accident or perhaps your vehicle is damaged due to certain reasons, auto insurance will cover the needed expenses for the said incident.

You need to understand, though, that car insurance in Dorchester, Boston is available in different types. Each type differs from each other especially in terms of coverage.

Below are the 5 primary types of auto insurance coverage that you should consider getting.

Liability Coverage

All states in the United States mandate all drivers to get at least the minimum amount of auto liability coverage. This insurance coverage will cover the cost for property damages or injury damages for which you are legally responsible should there be accidents you are involved with that resulted in such damages. If you get into an accident and the investigation concluded that you are at fault, the liability coverage will save you from huge financial losses.

Liability coverage comes in two different components- property damage liability and bodily injury liability.

Property Damage Liability

This auto insurance in Dorchester, Boston covers the cost of damages that you might cause to other people’s property while you are driving or as a result of a car accident. These damages include the vehicle that you hit and other properties like mailboxes, buildings, and fences.

Property damage liability coverage does not, however, cover damages to your own vehicle or property.

Bodily Injury Liability

This auto insurance in Mattapan, Dorchester, and other areas in Boston covers the cost of damages you have caused to another person or other people as a result of an accident. If you are legally liable for the medical expenses, pain, suffering, and loss of income of the injured party, this insurance policy will get everything covered.

The bodily injury liability will also cover the driver of your vehicle provided he or she is permitted to drive it.

Collision Coverage

Collision coverage is a type of auto insurance policy that will provide you with the needed coverage for your car’s damages should you meet an accident and you are concluded to be at fault. If you are not at fault, however, this auto insurance in Roslindale, Boston can not be applied to your case. Instead, the liability coverage of the at-fault party will cover the repairs and damages of your vehicle.

Collision coverage is not only applicable for accidents involving a collision with other vehicles but also when you hit other objects while driving like a tree, fences, potholes, building, and mailbox.

Comprehensive Coverage

The comprehensive auto insurance coverage covers the damages or loss following risk factors and incidents like fire, flood, theft, vandalism, weather condition, and fire. It also provides you coverage for all sorts of risk factors or incidents associated with your car, passenger, driver, and the third party’s vehicle, property, driver, and passengers.

Though not all states legally require every vehicle owner to get comprehensive insurance coverage, getting one will have you protected against sudden, expensive damages in the future. Also, if you are paying off your car or if you are leasing it, your lender may require you to have comprehensive auto coverage.