If you are planning to buy a Car Insurance for the first time, it can be very confusing for you. There are a lot of companies, a lot of policies and a lot of agents who would keep on nagging you on the phone. In order to avoid these confusions, you can do a basic research about what car insurance is and what all are its types. Here in this write up you would get the details about the types of car insurance available.

Most of the people buy Cheap Car Insurance only because they feel that it is a common mandatory requirement in order to drive a car. Generally there are four basic types of Car Insurance which are the classified. They do not have much in common and what the companies offer is a combination of two or more of these basic types of insurances.

Liability insurance

The first type of Car Insurance is the liability insurance. It basically means keeping yourself free from bearing the expenses of accidental and health damages that occur during an accident to you as well as to the third party. In case you opt for liability insurance you could get the expenses that are incurred in repair and replacement of the damage to the property as well as compensation for the person’s health and life. You need to pay a small portion of the total expense which is known as deductibles. If in case you want to keep the deductibles low, all you need to do is pay a little higher premium and vice versa for lower premiums.

Collision insurance

In case your car gets badly damaged during an accident, this damage would be covered under collision insurance. This type of Car Insurance covers all the damage depending upon the limit of your policy. However in this case, the company makes a thorough inquiry before processing your claim and can deny it if their report proves that the accident was done purposefully.

Comprehensive insurance

This type of Car Insurance provides the coverage to person who is insured in the policy if in case the damage occurs due to any natural or climatic disaster, theft or hail damage. In this case if you meet the deductibles then only your claim would be settled. If you go for such policies make sure that you check everything that is covered in the policy and what has been kept out. There may be a lot of hidden clauses in such policies so make sure that you are briefed about the minutest of the details that have been mentioned in the policy.

Along with these types, the companies come up with new ideas in order to cover more needs of the customers under one policy. Obviously in such cases the premium of the Car Insurance policy is meant to be high.

Carinsurmarket.com offer quotes to all types of car buyers and owners. Whether you are a first-time driver or a new car owner wanting to compare rates, we can help you. We understand the hassle involved in re-entering your information over and over again. For any query you can visit our website.