Just about any vehicle that someone drives on the road requires insurance. If it’s a vehicle you personally own that you only use to transport yourself, friends and family, or your pet, all you need is personal auto insurance. However, if you use your vehicle for work, transporting people, their pets or their products, you may need commercial car insurance. Read on to learn more about the different categories of auto insurance.
Understanding Personal Auto Insurance
Personal auto insurance is meant to cover you in the event that something happens to your personal vehicle. It typically includes liability insurance by default, which covers the other person in an accident if you’re at fault. You can also opt for collision or comprehensive coverage, which help cover you and your vehicle in the event of an accident, theft or other type of auto insurance claim.
Key Features of Personal Auto Insurance
When you buy personal auto insurance, it only covers you in the event that you are not using your vehicle for work. Premiums can be impacted by factors like age, gender, driving history and vehicle type. Depending on the type of coverage you decide on, your credit score can also impact your premium. You can add additional coverage, such as uninsured motorist coverage and medical payments coverage, to provide extra protection where needed.
