Auto Insurance | Discover The Different Types Of Auto Insurance: Are you considering auto insurance coverage for your car? but the various types of auto insurance are so overwhelming that you might not really understand and know the type you need, especially when you want to also save some money from it. we've got you covered. here, we have explained some types of auto insurance that will assist you to make a choice for your car.

There are various types of insurance that we have heard or know and so we will be explaining a few of them. in the case of an automobile accident where your car is damaged, your no-fault insurance (i.e. no fault from the other party) does not pay for repairs but in the case of a fault, for example, your car was properly parked and then hit by another car, then the other party's insurance will pay for your repairs.

An exception of this, the only kinds of automobile insurance that pay for repairs to your car are collision insurance and comprehensive insurance.

Now, check out the types of auto insurance below

Types of Auto Insurance

1. Collision Insurance
This auto insurance pays for repairs to your car when it is damaged in an automobile accident. Collision insurance is usually sold with a deductible. A deductible is an amount you agree to pay toward the cost of repairs before the insurance company steps in and pays the rest. The larger the deductible amount, the lower the cost of your collision insurance.

There are three basic kinds of collision insurance to choose from:

> Broad Form collision pays for damages regardless of fault, with a deductible that applies only if you are substantially at fault.

> Standard collision pays for damages regardless of fault, with a deductible that always applies.

> Limited collision pays only if you are not substantially at fault, and may or may not have a deductible.

2. Comprehensive Insurance
This insurance coverage pays for your car if it is stolen or for repairs if it is damaged by a falling object, fire, flood, vandalism, or collision with an animal.

Source: https://www.velveltyblog.info/2019/08/auto-insurance-discover-different-types-of-auto-insurance.html