Most states require that you cover the other guy’s losses if you cause an accident. To ensure that you can do this, you have to carry liability insurance. Note that this kind of insurance only covers the other driver, it does not protect you or your vehicle. If you do not carry liability insurance, you can have your license suspended or even go to jail.

So, you probably want to cover your own car in case of an accident. If that’s the case, you need collision coverage to protect your investment. If you caused the accident, you can get your car repaired or replaced.

Okay, so now we’re at the stage where you didn’t cause the accident but the other guy isn’t being responsible and doesn’t have the liability insurance required. If this is the case, you will want to have taken out Uninsured Motorist coverage which insures you when the other driver didn’t have coverage.

The last kind of coverage we’ll detail in this article is comprehensive coverage. What happens if a tree falls on your car in the middle of the night or if vandals smash in your windshield? If you have comprehensive coverage, you can get it repaired.

There are of course other kinds of insurance that you might consider getting including work loss, gap insurance, rental car reimbursement, towing ad labor, and custom parts and equipment.

Think of insurance as a kind of financial security. If something bad were to happen while you were driving, your family’s assets would be protected. I hope that answered the question of what types of car insurance are there?

What Types of Car Insurance are There? That’s just one of the questions answered at http://AutoLiabilityInsurance.org. So stop on by and get the information you need to make smart financial decisions today.