Understanding Car Insurance: 2
Now that you understand liability, it is now time for you to understand property damage. You definitely want to make sure that your insurance policy includes property damage, as you never know what could happen. This is going to be the total amount that your insurance company is going to pay for any damage that you might cause to any properties.
In most standard policies, the amount is going to be able $100,000 and that is pretty good actually. However, if you think that you are going to need more than that, you can absolutely up the amount to whatever amount you want … however, usually the insurance company will cap it at about $250,000, so keep that in mind.
The next insurance that we are going to talk about is comprehensive car insurance. This is where you really need to read the fine print as this is how much the car insurance company will pay for damages to your car. This coverage will have a deductible attached, so keep that in mind.
Entry Filed under: Car Insurance, auto insurance