Progressive.com is an online insurance company that has all types of insurances from home, car, boat and commercial vehicles (you can also check it to get free car insurance quotes). It is true that there is not a person alive who enjoys buying insurance and I am talking about all types of insurance. However, as sad as it seems, insurance is a big part of our family budget. As parents, we need to protect our family from financial disasters. Being improperly insured could cause a major financial crisis for any family. Insurance therefore is one of those unnecessary evils.
Therefore, when it comes to buying auto insurance, choose an insurance company that provides all types of insurance policies. This will save you money. It also can save you a lot gas and time going around from insurance company to insurance company. In fact, if you want to save even more money, shop online. If you shop online for your auto insurance you will never need to leave your house. How awesome is that?
First of all let’s take a few seconds to analyze the various types of car insurances that there are. Let’s start off with a general liability insurance policy. A general liability insurance policy is the most basic of car insurance policies out there. Most towns and cities in the United States require that you have a general liability insurance policy. If you do not have such a policy and get caught driving you could be facing heavy fines and even some jail time.
There is a good reason why cities and towns make this type of insurance is mandatory. If you are the guilty party in an accident, your general liability insurance policy will cover the costs of the other person’s damage to his car. If you are responsible and crash your car into a house. The owner’s property damage would be covered by your auto insurance.
Let’s take the example of a drunk driver. If he slammed his car into your vehicle then he would be guilty and have to pay for the repairs of your car. His general liability insurance policy would pay for the total costs of your repairs. It would however not cover the costs of his repairs. Due to the fact that he was drunk, he would be responsible to pay all of his own costs. In fact, the insurance company could take him to court to recover the payment that they had to pay you to repair your car.
There is an extra insurance that you can add to your general liability insurance policy. It is called collision insurance. There is an extra fee for this type of insurance but in many cases it is well worth the extra cost. This is especially true if you own a brand new or a newer model of vehicle.
Let’s say that you had an accident that you caused. To get your car repaired by the insurance company you would need collision insurance. Collision insurance coverage is great because it assures you that your car will be totally repaired after any accident. This is regardless of who was responsible for the accident. However, if you are responsible for the accident and the insurance company pays for it to be repaired, there is a pretty good chance that your collision premiums will rise.