Buying auto insurance for the first time can be an overwhelming and confusing process. Although anyone who operates a vehicle must be insured, there’s no one-size-fits-all policy. There are several coverage options offered, and each is designed to protect against different losses. As such, you must carefully explore the choices available so you can make an informed decision. Here are some of the most common types of coverage to consider.

Understanding Your Auto Insurance Options

1. Liability

In most states, drivers are legally obligated to carry liability insurance. Georgia’s minimum requirements are $25,000 bodily injury per person, $50,000 bodily injury per accident, and $25,000 property damage. This serves to cover third-party medical and repair expenses due to any accidents you cause. It won’t cover your own losses but will provide funds for lawyer and court costs if you’re sued.

2. Collision

If you crash into another vehicle, lose control and run into a fence, or hit a pothole hard enough to cause damage, collision coverage will help pay to repair or replace your car regardless of who is at fault. Typically, this is considered optional auto insurance, but it may be required if your vehicle is leased or financed.

3. Comprehensive

auto-insurance-gainesville-gaWith comprehensive coverage, you’ll be protected from any non-collision incidents. This is also intended to help take care of repairs and replacement costs for your car. It generally includes events such as fire, theft, vandalism, falling objects, inclement weather, and animal impacts. Like collision insurance, comprehensive is optional unless you’re leasing or financing.

4. Uninsured or Underinsured Motorist

Despite the law, many people continue to drive without proper auto insurance. An uninsured or underinsured motorist policy will help prevent you from experiencing any financial burden if another motorist hits your vehicle and lacks sufficient coverage to pay for the damages. Georgia law also requires drivers to have $25,000 uninsured motorist bodily injury per person, $50,000 per accident, and $25,000 for uninsured motorist property damage.

 

To make sure you end up with adequate auto insurance, turn to Stringer Insurance Agency for help customizing your policy. Using their industry expertise, they’ll answer all your coverage questions and explain what applies to your specific situation. They’ve been providing the residents of Gainesville and Dahlonega, GA, with reliable and competitively priced products since 1931. Call (706) 864-3515 to schedule an appointment, or visit them online for more information about their services.