The basic car insurance policy doesn’t protect the vehicle owner from liability. To ensure greater security, car owners will need to purchase additional insurance.

Insuring a new Car

When purchasing or leasing a brand new vehicle, the lien holder is required to have insurance to protect the collateral used to back the loan. Car buyers need to add to the protection of insurance policies through the purchase of comprehensive and collision insurance coverage. The coverage covers repair or replacement of a damaged car or vehicle, even if it is stolen.

Uninsured/underinsured Motorist Protection Could Help

Insurance for cars is an additional coverage many people get. This covers a hit-and run driver, or anyone with very little insurance. If the offending driver flees and cannot be located, only uninsured/underinsured motorist coverage would pay for damages or medical costs. And if a driver does not have enough auto insurance coverage to pay the full costs of damages, then uninsured/underinsured coverage could pay the additional costs up to policy limits. k9thrx62sc.