If you’re looking for auto insurance quotes in Austin, it’s wise to have an idea of what options are available. You can talk to an agent to get an overview of the different types of auto insurance coverage before you select a policy. You’ll learn which provisions are crucial and which are desirable and which are unnecessary for your lifestyle.
State-Required Car Insurance
Most states require liability coverage that pays for third-party personal injury and death-related claims that are your fault. It also covers the other person’s property that is damaged in the accident.
Collision covers damage to your car. This is not required by law, but many lenders require you to have this type of insurance, because they actually own the car until you pay off the loan.
Comprehensive covers more than collision damage. It includes theft, fire, flood damage, vandalism and more. If a tree branch falls and breaks your windshield, your policy should cover getting it replaced. Some people, who have a very old car, don’t bother with this type of insurance, because it would cost more to repair the car than it’s worth.
There are other options that will have an additional fee.
- Medical payment for your injuries and those of your passengers, which may not be required if your health insurance covers it.
- Underinsured and uninsured coverage in case you are in a no-fault collision with someone who doesn’t have insurance or has very little coverage. They may be driving illegally if they don’t have insurance, but this won’t help cover your damages and injury.
- Towing coverage pays to have your vehicle towed if it is totally destroyed and can’t be driven after an accident. This coverage may not be necessary if you belong to an automobile club that has roadside assistance.
- Glass breakage may not be covered under some comprehensive policies. Ask your broker if it is included or if it needs to be added.
- If you often rent a car, you can have your own rental insurance policy and not use the rental company’s coverage.
- Gap insurance covers the cost of your car if it is destroyed in an accident while you still owe money to your lender. Without this insurance, you’ll be making car payments long after your car is gone.
There is a wide selection of options for car insurance coverage that protects your family and property beyond what may be required by law in your state.