10 Car Insurance Coverage You Actually Need

Even though you may feel like it, you don’t need car insurance to drive your car legally on the road. However, if you get into an accident and don’t have car insurance, you can be held liable for the damages sustained by the other person or their property, which could end up costing thousands of dollars depending on how serious the accident was and how badly the other person’s property was damaged. If you don’t want to risk paying out all that money, read on to find out what 10 car insurance coverage you actually need.


1) Bodily Injury Liability

This coverage helps pay for the other driver’s medical expenses and lost wages if you are found at fault for an accident. In some states, it is required by law. Even if it’s not required, it is a good idea to have this coverage to protect yourself financially.


2) Personal Injury Protection

This is one of the most important coverages you can have, especially if you live in a state like Florida where it’s required. PIP will help pay for your medical bills and lost wages if you’re injured in a car accident, regardless of who is at fault. It’s a great coverage to have if you don’t have health insurance or if your health insurance has a high deductible.

 

3) Medical Payments Coverage

No matter how good of a driver you are, accidents happen. If you cause an accident, medical payments coverage will help pay for the other driver’s medical expenses. Even if you don’t cause an accident, this coverage can help pay for your own medical expenses if you’re injured in a car accident.

 

4) Uninsured Motorist       

Uninsured motorist coverage protects you if you're in an accident caused by a driver who doesn't have insurance. It will also cover you if you're hit by a hit-and-run driver. If you live in a state with a lot of uninsured drivers, this coverage is especially important.

 

5) Collision

Collision insurance is one of the most important types of car insurance you can have. This coverage helps pay to repair or replace your car if it's damaged in an accident with another vehicle or object, regardless of who's at fault. If you have a loan or lease on your car, collision coverage is typically required by the lender.


Without collision coverage, you would have to pay out of pocket for any damage to your car following an accident.

 

6) Comprehensive             

Also known as other than collision coverage, this is what covers your car when it's damaged by something other than a car accident—like hail, fire, theft, or glass breakage. If you have a loan or lease on your vehicle, your lender will likely require you to have comprehensive coverage.

 

7) Fire & Windstorm

One of the most important types of car insurance is fire and windstorm coverage. This type of insurance protects your vehicle from damage caused by fires, windstorms, and other natural disasters. If you live in an area prone to these events, it's important to make sure you're properly covered.


8) Rental Reimbursement

Rental reimbursement is an optional car insurance coverage that can help cover the cost of a rental car while your vehicle is being repaired after an accident. If you don't have rental reimbursement, you may have to pay for a rental car out of pocket. Rental reimbursement is typically offered with comprehensive and collision coverage.


9) Underinsured Motorist Protection

No one likes to think about getting into an accident, but it's important to be prepared for the worst. That's why you need underinsured motorist protection. This coverage will help pay for your medical expenses if you're in an accident and the other driver doesn't have enough insurance to cover your costs.


10) Emergency Roadside Assistance


In the event of a breakdown or accident, this coverage will come in handy. It will cover the cost of towing your vehicle, as well as labor costs if you need help changing a tire or jump-starting your battery. If you don't have this coverage, you'll be responsible for paying these fees out of pocket, which can add up quickly.


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