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Home Search Help Contact |
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If you have a truck loan and don't carry insurance, the lender may buy insurance for you at five or six times what you would normally pay. Collision coverage takes care of damage to your truck from an accident that is all or partially your fault. Normally you'll be responsible for a deductible of $250 or $500, and your insurer pays the rest. Comprehensive coverage takes care of non-collision calamities, such as damage from a break-in, theft, or windshield cracking. Liability is the most important component of auto insurance and the one to which people pay the least amount of attention. It pays for damage to property and physical injury from an accident that is your fault. Medical coverage riders, available in some states, often duplicate your own health insurance. If you don't have health insurance, consider getting it rather than adding medical coverage to your automobile insurance. National Insurance Consumer Hotline 800 942-4242 |
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