36+ Types Of Car Insurance Coverage Background. Keep reading to find out more about car insurance meaning and types. A single car insurance policy actually includes multiple types of coverage and it's important to understand each one.
Comprehensive coverage is also sometimes referred to as other than collision or otc. Collision this is what most people think of when they picture car insurance. Unlike liability, personal injury protection and uninsured motorist coverage — which are required in most states — the following coverage types are optional.
It covers damage to your car resulting from an accident.
Full coverage auto insurance means you have coverage for your own car, not just the other driver's. Our research team vetted 50 car insurance companies that are rated by more than 28,340 customers. With the following types of coverage, you will have the optimum amount of car insurance to limit your financial liability when you're involved in an accident Below i've outlined the basic coverage types.