Car Insurance: The Complete Guide to Shopping for Quotes
Myrtle Beach Auto Insurance is a type of insurance that covers the legal liability of the car owner for losses arising from damage to property or injury and death caused to others by an accident. There are many different types of policies available, so it’s important to know what you need before you make a purchase. The most common type of car insurance is liability coverage. This type of policy covers the costs associated with bodily injury to other people and property damage if you are deemed at fault for an accident. The minimum amount required by law, however, may not be enough for many drivers; it’s important to consider how much protection you need before purchasing a policy.
Another popular option available from some insurers is comprehensive or collision coverage. This type of vehicle insurance comes into play when your car sustains damages due to incidents such as natural disasters (e.g., floods) or theft, vandalism, fire accidents, and animal collisions.
Natural disaster includes hurricanes and tornadoes, also known as windstorms. Theft or vandalism includes damages to your vehicle due to robbery and malicious mischief such as spray painting the exterior of your car, breaking a window, or slashing tires. Animal collision includes hitting an animal with your car while driving, called “animal strike”. Fire accidents include fire damage on parts of the drivetrain (e.g., engine) but not damage from electrical fires within the dashboard components.
Windshield repairs/replacements are covered under comprehensive coverage in most instances when caused by incidents other than accident repair work performed for this purpose is typically covered by collision insurance instead).
Comprehensive Insurance does NOT cover wear-and-tear items which can include damaged seat covers, scuffed steering wheels, dented exterior or interior panels.
Collision insurance is usually more expensive than comprehensive coverage, although it’s important to note that not all insurers provide both options; some only offer one type of protection for their customers. Furthermore, if you lease a vehicle, this might be required by the finance company. If you’re interested in having collision and comprehensive coverage on your policy but aren’t sure how much coverage to choose, consider talking with an insurer about its “lender option” program. This can help ensure that the cost of repairs won’t exceed what you’d owe under your current financing arrangements; however, each insurer sets different guidelines regarding these types of programs so be sure to ask about this.
It is also possible to purchase an insurance policy that covers just the costs of damage that you cause to your own vehicle, called a collision or comprehensive deductible. This type of coverage can be beneficial for those who rarely drive their car and don’t want to pay for the protection they’re unlikely to use; however, it’s important not to forget about what will happen if you are in an accident without any kind of automobile insurance! A large claim against your assets could potentially put you on the road back into debt, so make sure you have enough savings available should something occur.
