The type of car you drive, the state you live in, and who is driving your cars are all factors that determine how much and what type of policy you should consider.
While many think all auto insurance is the same, who you’re insured with can also impact whether or not your umbrella insurer protects you in certain situations.
Considerations include:
- Liability insurance – Coverage to protect a driver in the event that he or she is held liable for property damage, injuries to others, etc.
- Medical coverage – Financial protection in the event that the driver and/or their occupants suffer injuries that require medical attention.
- Collision coverage – A policy that will cover a driver from costs that result from an accident with another vehicle.
- Comprehensive coverage – A policy that will cover a driver from the costs that result from an accident with an object other than a vehicle (may include animals, storm damage, falling objects, etc.)
- Uninsured/Underinsured insurance – Coverage in the event that the opposing driver does not have auto insurance in place to cover you.
