Types of Car Insurance

It is important for everyone to make sure that they have auto insurance to protect their vehicle. If you own a car, you are required by law to have car insurance. When it comes to auto insurance Newark DE, there are several types from which to choose. It is important for you to make sure that you have the right car insurance to fit your needs.

Liability Only

The lowest level of car insurance is called liability only. This is the minimum amount of car insurance that you need to have in order to drive your vehicle. What liability only car insurance means is that this is a policy that will pay to fix the other person’s vehicle in the event that you are involved in a car accident that is your fault; however, liability only car insurance will not pay to fix your vehicle. Therefore, while this type of car insurance will help you save money, it is also risky because this policy does not cover your own vehicle.

Collision Insurance

One of the most common types of car insurance you might hear about is collision insurance. Collision insurance is a standard insurance policy. This policy covers both drivers in the event the policyholder has an accident that he or she is blamed for. If you have a car accident that is your fault, collision insurance will pay to fix your vehicle and the vehicle of the other driver. On the other hand, there are certain incidents that …