The Major Kinds of Insurance Claims

Posted: Friday, April 29th, 2016

If you’ve been in an accident, you know that navigating the many types of car insurance claims, whether it be major, minor, property, or personal injury, can be confusing and time consuming. It’s even worse if you weren’t properly insured to begin with. Knowing the types of insurance available, and what type you’re likely to need before you get behind the wheel, can save you a lot of time and money. Learn about the different types of car insurance here, then come by Green Light Auto Credit and get the financing you need to make that purchase happen.

 

What are the Main Types of Car Insurance?

There are five main kinds of auto insurance available to drivers considering a new or used car:

  • Comprehensive: Comprehensive insurance covers issues unrelated to driving, like weather damage, theft, or animal damage, and can be a beneficial extra if it fits into your budget.
  • Liability: Liability insurance covers you if you are in an accident and you’re at fault. Liability insurance typically covers the cost of property damage and repairs, as well as any medical costs to the other party.
  • Personal Injury Protection (PIP): PIP insurance covers the cost of your medical care, as well as your passengers, should you be in a covered accident no matter who is at fault.
  • Collision: Collision coverage will pay for the cost of repairs to your car in a covered accident and, should the car be deemed a total loss, collision coverage will reimburse you for the value of your car.
  • Uninsured/Underinsured Motorist: Uninsured Motorist coverage will help to reimburse the cost of repairs to your vehicle if the party at fault has no coverage or not enough coverage to cover expenses.

Let Green Light Auto Credit Be Your Guide

When it comes to finding the right financing at the right rate, Green Light Auto Credit has you covered. Let us help you find the competitive financing you need to get the car or truck you want, so you can get back on the road today.

Find Great Rates Even for Bad Credit Auto Financing at Green Light Auto Credit

Once you’ve decided on the type of car insurance you need, contact Green Light Auto Credit at (800) 200-5551 or stop by one of our convenient locations and learn about bad credit or no credit auto financing today.

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