Types of Auto Insurance

Regardless of your thoughts on auto insurance, it’s a fact of life that you have to have it. Not having auto insurance can lead to some serious problems and some massive bills if you were to end up in an accident. We know that shopping for auto insurance can be a long and confusing process. There are dozens of different terms and policies that all sounds like they do the same thing.

At Longevity Brokers, it’s our mission to ensure that you’re getting the prefect insurance coverage to meet your needs. We are pleased to provide the Denver, Colorado area with all types of quality insurance policies. Everything from your car to your home. Not only can we provide you with affordable insurance coverage, but we can also answer any questions that you have.

The Different Kinds of Auto Insurance

When you’re shopping for auto insurance coverage, there are several different types of coverage and various component of insurance that you should be aware of. Most people say that auto insurance is one of the most confusing types of insurance plans, and it’s easy to see why.

Types of auto insurance

Comprehensive Coverage

Comprehensive coverage is one of the most popular types of auto insurance and they are also one of the easiest kinds of coverage to understand. These comprehensive plans cover any damage to your vehicle that is not because of an accident that is covered under your traditional policy.

Comprehensive is a supplemental coverage that you can purchase that will give you traditional auto protection that you don’t get with your standard policy. Comprehensive coverage will pay for any repairs from weather damage or if your car is stolen. There are dozens of different situations in which your traditional policy won’t pay, but a comprehensive plan fills in those gaps.

Personal Injury Protection

Similar to comprehensive coverage, personal injury protection gives you additional coverage that isn’t included in a traditional plan. While comprehensive coverage is great if you can afford it, personal injury protection should always be considered. This coverage will pay for any hospital fees or expenses that occur to you or your passenger, regardless of who is deemed at fault for the accident. This is one of the best additional plans that you can buy.

Liability Insurance

Liability insurance can be a confusing type of coverage. Liability insurance will pay for any repairs that are your fault. It will pay for just about any damages to property if you’re deemed at fault. Additionally, liability insurance will also pay for any medical bills because of the accident.
Depending on which state that you live in, you may be required to have a certain amount of liability coverage, but you should always consider purchasing more. Having additional liability insurance will give you additional coverage, because you never know what’s going to happen tomorrow, and having extra protection is never a bad idea.

Which Coverage is Right for You?

These are only three of the several types of auto insurance available, and that doesn’t include the specialty coverage that you can buy for recreational vehicles. It’s important to have the coverage that you need, but deciding what type of plan can be a confusing process. Luckily, that’s why we are here to help.

One factor that you need to consider when you’re shopping for coverage, one of the most important things that you should look at is your budget and how much you can afford to spend on your auto insurance policy. Some policies are going to be much more expensive than others, and you’ll need to decide how much you can comfortably spend. You should never try and purchase more auto insurance coverage than you afford. The purpose of auto insurance is to keep you from having to shell out your whole savings because of an accident, but you shouldn’t have a policy that is going to break your bank every month. There are several ways that you can ensure that you’re getting lower premiums every month for your coverage.

Another factor to consider is your health insurance and any savings that you have set aside. If you have poor health insurance coverage, then it’s important that you get the additional auto insurance coverage that can prevent you from having your savings drained because of another person’s medical bills.

Auto Insurance at Longevity Brokers

If you have any questions about auto insurance or if you want to save money on your insurance coverage, please contact us today. Our agents have years and years of experience working with all types of applicants across the nation, and we know what kinds of auto insurance work best for them.

Unlike traditional insurance agents that you work with, we are dependent insurance agents, which means that we don’t work with one single company. We work with dozens of insurance companies and we can give you the best auto insurance for you.

With auto insurance, it’s important that you have the best plan possible. Not only because it’s the law, but because you never know what’s going to happen when you hit the road. There are thousands of auto accidents every day, and while we all hope it never happens to us, but you never know. Even if you’re a good driver, there are plenty of people driving to work every day that aren’t good drivers or they make simple mistakes.

Don’t wait any longer to get the coverage that you need. Not only can our Longevity Broker agents protect your car, but we can protect every area of your life. Use our contact page or call us at (720) 209-4598. We would be happy to answer any questions that you have.

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