So your 10 year old just took the car out and played demolition derby with your neighborhood. Wrong time to read this post! By the time you’re explaining to the neighbors how your kid stole the car keys it’s too late. You’ll be getting an education about your policy whether you want one or not. Figure it out now and not then.
Let’s Break it down. Auto insurance has two basic parts coverage for your stuff and coverage for everyone else’s stuff.
The one you have to buy is liability coverage or coverage for the people and stuff you damage if you, your car, or your 10 year old decide to crash into others.
Sometimes people don’t buy insurance or don’t have enough insurance. If they hit you, there’s no insurance to cover medical bill and damage to your stuff. So you can buy Uninsured & Underinsured coverage.
Finally, while your liability coverage pays for others when you are at fault in an accident, it doesn’t cover you or your car. Comprehensive and Collision take care of your stuff in this case.
So that’s the basics. Now it’s time for action! Go find your policy and see if you understand what coverages you have. Need some help? Call Shine at (812)679-8779 and we’ll shed some light on the subject.
Wanna dig deeper? We have a great email series that breaks down auto insurance smoothly and easily. You’ll get a quick easy fun-to-read email on each section of your auto policy. Read em if you want, skip em if you don’t. You’ll walk out with the peace of mind that your policy covers you correctly
Sign up for our Insurance Revolution & and we’ll send you the series for free!