To be able to legally drive a vehicle, you must have auto insurance. This law is to protect you if you are hit by another vehicle, if you are injured in a car accident, and if your property was damaged by another vehicle. Years ago, it was not a law that all drivers must have auto insurance. This left many drivers with damages which the responsible party couldn’t pay for. When you are purchasing Auto Insurance in Oklahoma City OK, you should know the different types of insurance that are available.
Full Coverage
Full coverage auto insurance costs more than the other options, however, it gives you a great deal of protection. Full coverage insurance will not only cover another vehicle and its occupants if you cause an accident, your vehicle and its occupants will be covered as well. This way, you would not need to pay for your own vehicle repairs, which can be incredibly expensive.
Liability
This type of insurance is cheaper than full coverage, however, it does not offer as much protection. If another driver causes an accident, their insurance would cover the damage to your vehicle, injuries to the occupants of your vehicle, and property damage. However, if you cause the accident, the other driver will be covered, but you would need to cover your own damages on your own.
Uninsured Motorist
This type of insurance is used to protect drivers from other drivers who have not followed the law and have no insurance. It is also used in hit and run cases. If your vehicle, its occupants, or your property was damaged, and there is no insurance company to file a claim with, your uninsured motorist insurance would cover the damages.
It is the law that all registered drivers must have auto insurance. Before you pay your premium for Auto Insurance in Oklahoma City OK, it is important to know what types of insurance are available. In order to get the best price possible for your auto insurance, it is a good idea to get a few different quotes from different companies. If you are looking for an affordable auto insurance quote, discover this info here.
