You Need to Understand These 4 Types of Car Insurance Coverage

Drivers need to buy car insurance. Most states require liability insurance, which pays for damage a policyholder causes others. But motorists typically need to go beyond just buying liability insurance in order to protect their assets and their bottom line.

In fact, there are four kinds of car insurance that everyone needs to understand so they can make an informed choice about whether buying additional coverage is the right financial decision.

1. Collision coverage

Collision…