Car Insurance 101: Everything You Need to Know Before Buying a Policy

Buying car insurance can feel overwhelming, especially with so many coverage options and pricing factors. Understanding the basics can help you choose a policy that protects you financially and meets your needs.

Liability Coverage

Liability coverage is required by law in most states and pays for injuries or property damage you cause to others in an accident. It does not cover your own vehicle or medical expenses.

This coverage forms the foundation of any auto insurance policy.

Collision Coverage

Collision coverage helps pay to repair or replace your vehicle if it is damaged in an accident, regardless of fault. This is especially important for newer vehicles or cars with higher value.

Lenders typically require collision coverage if you finance or lease your vehicle.

Comprehensive Coverage

Comprehensive coverage protects your car from non collision losses such as theft, vandalism, fire, falling objects, or weather related damage.

If your vehicle is damaged while parked or due to something outside of your control, comprehensive coverage is what responds.

Other Important Coverages

Additional coverages may include medical payments or personal injury protection, uninsured or underinsured motorist coverage, gap insurance, and rental reimbursement. These options can provide valuable protection depending on your situation and driving habits.

Choosing the Right Policy

The right car insurance policy depends on your vehicle value, budget, driving history, and comfort level with risk. A policy should balance affordability with meaningful protection.

An independent insurance agent can help you compare options and customize coverage rather than fitting you into a one size fits all policy.

(207) 363-7894 | www.tapleyagency.com | 300 York St . PO Box 808 . York, Maine 03909