It is every driver's responsibility to purchase adequate auto insurance before getting behind the wheel. The basic types of coverage drivers can purchase are liability, comprehensive, and collision insurance. However, upgrading to premium coverage can benefit some. The coverage is more expensive, but it may be worth it for certain drivers. Here are some of the most common types of premium auto insurance.
Not everyone drives their car every day. If you only use your vehicle every once in a blue moon, you may want to look into pay-per-mile coverage. With this insurance, you can pay based on how many miles you drive, saving you money. You can place a GPS in your vehicle to keep track of how many miles you drive.
Rental Vehicle Reimbursement
If your car endures damage during an accident, it will require professional repair services. When your vehicle is in the shop, you have to think about how you will get around in the meantime. After all, you don't want to rely on family members and friends for rides. Instead, consider purchasing rental vehicle reimbursement coverage. This insurance will pay for the cost of a rental car so that you can get around easily.
There are few things worse than having your car break down on an unfamiliar road. That is why it is worth it to have roadside assistance insurance. A professional will tow your car to a nearby repair shop and drive you home.
If you cause a vehicle accident, you can expect your insurance premiums to drastically go up. However, if you invest in accident forgiveness coverage, your insurance company will forgive the first accident your cause.
Standard liability insurance may not be enough for some people. That is what umbrella insurance is for. If you exceed the limits of your liability insurance, umbrella insurance will kick in. This type of coverage can cover things like injuries and lawsuits. If you have a high net worth, it may be worth it to purchase umbrella insurance. After all, you want to protect your assets against possible lawsuits.
As you can see, there are several types of premium auto coverage you can purchase. If you have additional questions about this type of coverage, you should schedule a meeting with an auto insurance agent. They can help you decide what type of coverage is best for you.