Auto insurance coverage has two segments. The first segment is the liability
section of the policy. It covers your financial responsibility for
injuring others. The second segment is property coverage for physical damage to your vehicle as well as other property. The two types of property coverage are:
collision coverage pays to repair losses caused by an accident.
comprehensive coverage pays for losses from theft, fire or other perils.
There is also medical, car rental and towing coverage available which vary by
Utilizing high deductibles on the physical damage coverage can help
reduce premiums. For umbrella insurance, you must be sure that
you carry the required amount of basic liability insurance to avoid a
gap in coverage.