8 Types of Insurance You Might Need – Insurance Magazine
s usually require their borrowers to purchase them along with minimal liability insurance, and to keep them throughout the term of the credit. Comprehensive insurance covers non-accident-related damages, while collision coverage covers auto repair requirements in cases of accidents. Comprehensive and collision coverage are both known as “full coverage.”. If you buy your vehicle completely, you may decide whether or no to purchase minimum liability insurance. The majority of minimum liability policies work best for cars which have less than…