What Are the Different Types of Auto Insurance?


RiderInsurance

Uploaded on Feb 3, 2022

Auto insurance not only protects your car but protects you also. Rider Insurance is a trusted and reliable auto insurance agency in Maryland that provides coverage against damage and medical payments against accidents.

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What Are the Different Types of Auto Insurance?

What Are the Different Types of Auto Insurance? An Overview Auto insurance is very important. This insurance not only protects your car but also protects you from medical expenses, financial liability, and other legal consequences as well. For example, if you get into an accident and you do not have auto insurance then you may have to pay for injuries and damages. Rider Insurance is a trusted and reliable auto insurance agency in Maryland that provides coverage against damage and medical payments against accidents. There are many different types of auto insurance. 2 Types of Auto Insurance:  Collision Insurance  Liability Coverage  Uninsured Motorist Insurance  Gap Insurance  Classic Car Insurance 3 Collision Insurance It provides coverage against accidental collisions. This insurance involves replacing or repair of your vehicle. If you are financing or leasing your car, then collision insurance is a must for you. 4 Liability Coverage This insurance policy offers protection to individuals and businesses from the risk that involves legal problems, malpractice, negligence, or injury as well. Liability coverage also protects the insured from the cost of damage and legal payouts. 5 Uninsured Motorist Insurance This insurance policy protects you from uninsured motorists. It helps you pay for the damages by an uninsured motorist who doesn’t have car insurance. 6 Gap Insurance Well, it is optional car insurance that provides coverage against an auto loan. If you have badly damaged or totaled your car, then gap insurance can protect you from financial loss. 7 Classic Car Insurance This type of insurance offers coverage for vintage and classic cars. Don’t know which car insurance is right for you? Connect with experts! 8 Thanks! Any questions? Contact Us: ● [email protected] ● +1 (410) 828-1555 9