Vehicle Insurance covering liability to third party as well as to self in the United States came into existence after the end of WWII. Vehicular Insurance is heavily regulated and varies from State to State. Most States have the minimum requirement that all third party liability be covered in case of an accident covering any potential financial loss arising out of loss of life, injury or destruction of property. Along with third party liability coverage a vehicle owner may include insurance towards own Collision and Comprehensive liability coverage. Some states do not make insurance mandatory while others have strict enforcement. Since Insurance was always traditionally purchased from insurance agents, the internet changed all that spoiling potential customers for choice. Here we shall examine everything that you need to know about online auto insurance. Gong Online for Insurance: Using online resources for buying vehicular insurance actually puts power in your hands to make the choice you want based upon the available policies for the liability coverage desired. Unlike the traditional way wherein you need will be in touch with an insurance agent who will try to sell you the coverage which be of most benefit to him, going online gives you a wealth of information at your fingertips to make an informed choice. There are 2 type of portals that are available online covering vehicular insurance. The first type is the portal of the actual insurance company that is providing the liability coverage. Here the various type of policies on offer and the premium charged based on the type of vehicle and age can be determined, The second type are portals that will connect you to the agent who will in turn provide the quotes for the coverage desired. Some of these websites would probably connect to the agents in area insurance is required and may not provide much information on the number of such agents that are available to give quotes. How to go about it: Before buying any coverage policy, be sure about the extent of liabilities that you would want to be insured with. Depending upon the laws of your state, there are certain coverage that are mandatory. Know what these are. Also look back at the accident free records that you have. Your past insurer will have a record of all accident claims that you have made so far. Remember that if you have a record of driving violation free and accident free for a set number of years, you will be qualified for accident forgiveness at many insurers. Being claim free also entitles you to a discount on you collision liability as per the policy decided by your insurer. This is applicable on your renewals on a year to year basis. If you need your vehicle to be covered for mechanical or structural damage due to a non-accident event, theft, vandalism, acts of god or animal strike, you need to go for a comprehensive vehicle insurance policy. Add Collision protection for damage to your vehicle from accidents by self or a third party. Depending on where you live, it may be mandatory to pay for third party injuries or third party damages. Covering for the former helps to take care of any financial cost arising from hospital and medical care arising from injuring pedestrians or another vehicles occupants (including the driver). The later helps pay for any claims that would arise out of property damage. It may also be mandatory or if not you may want to consider liability coverage for you and your passengers. In case of an accident, you and any occupants of the vehicle may need medical assistance or hospitalization. To this end, you need to take cover for Personal Injury Protection and Medical Payments. It is also wise to protect yourself due to an accident from a hit and run driver or a driver with either no insurance or insufficient insurance to cover your claims. The uninsured and underinsured coverage will entail your peace of mind. Depending on your Insurer, you can opt to cover many aspects of your vehicle other than those mentioned here. Like the accessories in your car, emergency assist, custom equipment coverage, pet coverage and many more. So now that you know everything that you need to know about online auto insurance we will be able to shop for the exact cover that you need to have. Safe Driving! No related posts.