Are there different types of car insurance in America?
Are there different types of car insurance in America? Most US states require car owners to have a minimum level of car insurance coverage, and in addition to mandatory coverage, you can also purchase optional insurance coverage such as coverage for theft or damage to your car due to incidents such as fire, flood, or vandalism. Are there different types of car insurance in America? Car insurance in the United States is divided into two main types: Bodily Injury Liability Coverage: This coverage covers medical expenses for people who are injured in an accident caused by you. It consists of two components: Liability limit per person: This is the maximum amount you will pay to one person who is injured in an accident. Per-accident liability limit: This is the maximum amount you will pay for the injuries of all people in one accident. Property Damage Liability Coverage: This coverage covers the costs of repairing or replacing other people's property that...