What does your auto insurance cover? | HUB Insurance Hunter Blog
A common misconception about auto insurance is that most policies are the same. However, the truth is that every auto insurance policy is different. How much you pay and the amount and types of auto insurance coverage that you have is dependent on the driver, the vehicle, driving history, and many other factors that are used by insurance companies to underwrite a policy.
People are frequently confused about what their auto insurance will and will not cover. In general, your auto insurance policy covers the driver and passengers and anyone else that is involved in an accident in your vehicle. It can also cover the vehicle itself, depending on the level of collision and comprehensive coverage you have.
From a financial perspective, again, the amount that is covered is determined by your policy. That is why it is important to understand policy elements like repair and replacement, write offs, betterment and parts provisions that are included in the policy. Your deductible will also play a role in how much you will be required to pay out of pocket if your car is damaged or in an accident.
Understanding what your auto insurance will and will not cover is something that you need to review with your insurance broker when you are renewing your auto insurance policy. If you have questions about your car insurance policy, one of our car insurance professionals would be happy to explain your coverage.