Do you have plans to purchase your first vehicle, or have you recently done so? Before you drive it, you’ll need to have an adequate auto insurance policy in place. It would be helpful to visit an independent agent such as those at North Coast Insurance Services of the Lexington, MI area for assistance with this to know what you’re getting and what you can expect from your first policy.
Michigan State Minimum Requirements for Auto Insurance
In the state of Michigan, it’s necessary that you have minimum liability coverage in your auto insurance. In addition, some automobile lenders do ask that you have other types of coverage such as collision and comprehensive. It’s a good idea to know what is and isn’t covered by your provider for each of these categories so that there are no surprises. A qualified insurance agent will be able to explain this to you in detail.
Bodily Injury and Property Damage Liability
Two common types of coverage are for bodily injury and property damage. With a bodily injury, your insurance will at least partially cover medical bills, lost wages, and legal fees in the instance that someone else is injured in an automobile accident that you are responsible for causing. As the name implies, property damage includes other individuals’ property such as a fence, their mailbox, or a part of their home, such as their garage door. Both of these help tremendously since it means you can likely avoid having to pay out-of-pocket expenses.
North Coast Insurance Services of Lexington, MI and beyond strives to secure the best possible solutions for each customer’s insurance needs. Contact us with your questions, and we won’t steer you wrong.