Auto Insurance Advice for Arkansas Drivers

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When you take out an automobile insurance policy, you pay premiums either monthly, bi-monthly, quarterly or annually. In exchange for the premiums, youre covered for certain limits of insurance. Youll typically have a deductible, which is the amount you have to pay before the insurance company pays. For instance, if you have a 0 deductible and have repairs costing ,000, the insurance company will pay the ,750 after you pay the 0.

Different Types of Coverages in Existence
Automoble insurance policies offer the following types of coverage.
Collision This provides coverage if your car hits another car or piece of property. It pays to have your car repaired.
Comprehensive This provides coverage against hazards that are not other cars, such as deer, birds, storm or hail damage, etc.
Bodily injury liability This pays for lost wages or medical bills to passengers involved in an accident where youre at fault.
Property damage liability This pays for damages to anything you hit with your car, such as another car or a building.
Uninsured and underinsured motorists This pays for damages to your or passengers caused by another driver who has no insurance or is under insured.
Major Benefits

Besides being a law, auto/vehicle insurance provides many benefits, including paying for repairs to your car, help with medical bills and protection against lawsuits when youre involved in an at-fault auto accident