This coverage has two parts. The first is the liability section of the policy. It covers your financial responsibility for injuring others and some coverage is required by most states.
The second part covers the car itself: comprehensive coverage reimburses losses from fire, theft or other perils; collision coverage pays to repair losses caused by an accident. Often this coverage is mandated by leasing companies or banks. There are also ancillary medical, car rental and other coverages which vary by state.
Utilizing high deductibles on the physical damage coverages can help reduce premiums. If you carry umbrella insurance, you must be sure that you carry the required amount of basic liability insurance to avoid a gap in coverage for a serious accident.
"I have been a customer of Yorktown Heights insurance for about 3 years with Bonnie. I refer to Yorktown Heights Insurance as Bonnie because to me they are more than just your average insurance company. When you sign up with YHIA you become part of their family. I have had 5 different insurance companies in the past and never have I felt the comfort and family invitation of an insurance company like theirs before."–Robert Madsen, All Season Tree Care
"Bonnie truly understands my families needs and the insurance industry. We have developed a strong relationship with YHIA and know we can trust them to guide us in the right direction. YHIA handles all my families insurance needs and provides the necessary advice and services to help us save money."–Paul Nolan, Yorktown Heights