Different Types of Auto Insurance

Auto insurance provides financial protection from auto accidents that may result in various bills, from vehicle repairs to hospital bills. If you own a vehicle, then you are required by law to maintain some coverage. Speak to the knowledgeable people at Storey Insurance serving Senatobia, MS about your auto insurance requirements.

Types of Auto Insurance

There are several types of auto insurance options. 

Liability Auto Insurance

Mississippi law requires you to maintain liability coverage on your vehicle.

Bodily Injury Liability Insurance

This insurance provides coverage for any injuries or damages another person may sustain in an auto accident where you or the person listed on your insurance is responsible.

Property Damage Liability Insurance

This insurance provides cover for any damage that you may cause to another person’s vehicle or property as a result of an auto accident for which you are liable.

Medical Payments Insurance

This insurance provides cover for any injuries you or your passengers may suffer due to an auto accident. It does not usually matter who is liable.

Uninsured or Underinsured Motorist Coverage

If an uninsured driver is at fault, then this type of insurance has options to cover damage to yourself, your passengers, and your property. Mississippi has a large number of underinsured drivers, so it is worthwhile considering.

Property Damage Insurance

Collision

This insurance is for repairs to your vehicle or for paying for your vehicle’s actual cash value (ACV) if it is totaled, meaning beyond repair. There is usually a deductible that you will need to pay if there is an accident.

Comprehensive

This type of auto insurance is for when your vehicle sustains accidental damage that isn’t a result of an accident, usually including theft, vandalism, and fire.

Speak to Storey Insurance serving Senatobia, MS today about your auto insurance needs!