Do you have any idea what actually your car insurance is insuring? I think that all of you have this idea that when you are buying a single insurance it is also covering many components to make up the final cost:
Physical injury charge: It covers injury and bereavement claims against you, and legal expenses, if your car injures or kills somebody.
Belongings damage legal responsibility: Covers claims for possessions that your car compensation in a mishap. Because legal responsibility exposure protects the other party, it is necessary in all but three states.
Medical payments: Pays for injuries to manually and to occupants of your car. This is not obligatory in some states. In "no-fault" states, own injury fortification replaces medical payments as part of the basic reporting.
Uninsured motorist protection: Covers injuries caused to you or the occupants of your car by uninsured or hit-and-run drivers. "Under-insured" coverage also is available, to cover claims you may make next to a driver who has insufficient insurance. In some states, there may be 40 percent of drivers are uninsured.
Comprehensive (physical damage): Covers spoil to your car from theft, damage, fire, wind, flood, and other non-accident causes. Absolute also carries a deductible.
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