In a perfect world, you would have a driver-less car that was never at risk of an accident. In the real world, that is an ever present danger and statistically, a great deal of the population is at least going to be involved in some sort of a fender bender. You need insurance to legally drive your car, but you may not know there there are a few types of insurance that you can choose to get.
Liability is the one you are most likely familiar with, as it is legally required for your vehicle. This is the auto insurance that pays the other driver in an accident if you are the one who is the cause of the wreck. It pays for their repair, replacement, and medical costs associated with the accident, up to a certain limit. What it doesn’t do, however, is pay for any of your expenses. It’s a great option if you have a car that isn’t worth much, but if you’re driving around in a new car it’s best to get both collision and comprehensive insurance so that you have protection even if you are at fault in an accident. This is an important consideration if you are financing a car as well, as the financing company may require you to hold this type of insurance on your vehicle.
Talk to us about your auto insurance options in Lakeway, TX. If you’re in the mood for an insurance change, or you want to know if you can get a better deal than what you’re currently paying, contact us for a free online quote. It’s always good to know what your options are when it comes to your insurance payments.