Knowing the Different Types of Auto Insurance Coverage

You may be holding your own auto insurance but you do not actually know anything about its coverage. When this happens, you are to spend unnecessary expenses when, in reality, it can also be covered by your insurance provider. Auto insurance in Houston makes sure that all experts are geared to informing their clients the coverage of their plans. In case you need to be aware of it, here is a list common coverage:

Physical Injury

Physical injury occurs when you, the insurance owner, are hurt from a vehicle accident or when you cause an accident to another person. This is a coverage that most owners can remember as it is the one highlighted in many insurance companies. However, do you know the actual compensation you can get from it? Commonly, you can be compensated at a monetary amount of $50,000 to about $100,000. It could get higher but it all depends on the type of car insurance you obtained. This also explains that you can pay one person’s medical bills. So, when you are covered with $50,000 worth of physical injury, you can pay this exact amount to one person or $100,000 if two people are involved.

Property Damage

If you cause damage to one’s property, or your property is damaged due to vehicular accidents, then you can still be covered with it. You can be compensated for up to $50,000 depending on the type of auto insurance you own. Property damage is one of the most important considerations in seeking good coverage. You need to protect your assets as much as possible so you want to secure them at a reasonable amount of price.

Car Replacement

This is rarely offered by some auto insurance companies but this can be a great option to consider. Car replacement happens when your car is damaged and can no longer maintain a good function. Car replacement is available for some auto insurance in Houston.

Auto insurance is not limited to sedans or SUVs alone. Motorcycles and trailers can also be insured for security purposes. Auto insurance in Houston boasts many companies that can offer this type of auto insurance.