The Most Common Types Of Auto Insurance
Deductibles are the amount that the insured party must pay before the insurance kicks in. For instance, if you have a $2,000 deductible and owe $6,000 as a result of an accident, you need to pay the first $2,000 (the deductible) out of your pocket and then insurance will pay the $4,000 balance.
Different types of insurance include: Comprehensive, Bodily Liability, Property Damage Liability, Collision, Uninsured or Underinsured Motorist Coverage.
Car rental may be covered by your insurance, but it depends on the type of coverage you have. Please consult your policy for more info.
The majority of insurance policies will cover theft, but not all of them. Please consult your policy for more info.
No, insurance payments are not deductible.