Sugar Land Auto Insurance – Basics

What is auto insurance? Auto insurance is basically a contract between you as a car owner and the insurer that pay you in case of an accident or even theft. In return for your paying a regular premium, the insurer agrees to cover your losses as listed in your coverage. Checkout Sugar Land Auto Insurance for more info.
Car owners have two basic options on their auto insurance policies: basic liability and comprehensive coverage. Basic liability covers medical expenses for both you and any passengers who are hurt in an accident you are involved in and also damage to properties owned by you such as your car or home. Collision coverage pays for repairs and replacement of your vehicle in case it gets damaged due to a collision with a vehicle or object. There is another option called uninsured/underinsured motorist coverage that, unlike the basic liability coverage, does not cover any injuries to you or your passengers in an accident you cause. This is the reason behind people opting for the uninsured motorist coverage. This coverage is only available with auto insurance companies through a variety of schemes.
Another optional coverage that you can add to your auto insurance policy is agreed value. This means that in the case of a total loss situation, the insurer will settle the claim instead of you having to pay it yourself. This is another way in which it helps you save money. In case you are driving a late model vehicle that costs more to repair than a more affordable one, you should consider purchasing collision coverage. Remember to talk to your provider about the different types of coverage available so that you can get the most out of your policy.