Navigating the world of car insurance can be overwhelming, especially with the myriad of options available. At LB Auto, we believe that understanding the different types of car insurance is essential for making informed decisions that best protect you, your passengers, and your vehicle. Here’s a comprehensive guide to help you understand the various types of car insurance and what they cover. 
 

Liability Insurance

Liability insurance is the most basic type of car insurance and is required by law in most states. It covers damages or injuries you cause to other people or their property in an accident where you are at fault. 

Key Components:

• Bodily Injury Liability: Covers medical expenses, lost wages, and legal fees for injuries you cause to others.
• Property Damage Liability: Covers the cost of repairs or replacement for the other party’s property damaged in the accident. 
   

Collision Insurance

Collision insurance covers damages to your vehicle resulting from a collision with another car or object, regardless of who is at fault. This type of insurance is particularly important if you have a newer or more valuable car. 

Key Components: 

• Vehicle Repairs: Pays for repairs to your car if it’s damaged in a collision. 
• Total Loss Replacement: If your car is totaled, collision insurance may cover the actual cash value of the vehicle. 
   

Comprehensive Insurance

Comprehensive insurance provides coverage for damages to your car that are not the result of a collision. This includes theft, vandalism, natural disasters, and other incidents. 

Key Components: 

• Theft and Vandalism: Covers losses if your car is stolen or damaged by vandalism. 
• Natural Disasters: Provides coverage for damages caused by events such as floods, hail, hurricanes, and earthquakes. 
• Animal Collisions: Covers damages from collisions with animals, such as deer. 
   

Personal Injury Protection (PIP)

Personal Injury Protection (PIP), also known as no-fault insurance, covers medical expenses and lost wages for you and your passengers, regardless of who is at fault in the accident. PIP is mandatory in some states and optional in others. 

Key Components:

• Medical Expenses: Covers hospital bills, surgeries, rehabilitation, and other medical costs.
• Lost Wages: Compensates for income lost due to injuries sustained in the accident. 
• Additional Costs: May cover additional expenses such as funeral costs and essential services like childcare. 
   

Uninsured/Underinsured Motorist Coverage

Uninsured/Underinsured Motorist Coverage protects you if you’re involved in an accident with a driver who has no insurance or insufficient coverage. 

Key Components: 

• Uninsured Motorist Coverage: Pays for damages and medical expenses if the at-fault driver has no insurance. 
• Underinsured Motorist Coverage: Covers the gap between the at-fault driver’s insurance limits and the actual cost of damages or injuries. 
   

Gap Insurance

Gap insurance is particularly useful if you’re leasing or financing a car. It covers the difference between the actual cash value of your car and the amount you owe on your loan or lease if your car is totaled or stolen. 

Key Components: 

• Loan/Lease Payoff: Covers the remaining balance on your loan or lease that isn’t covered by your standard insurance payout. 
   

Medical Payments Coverage (MedPay)

Medical Payments Coverage (MedPay) is similar to PIP but typically offers more limited coverage. It pays for medical expenses for you and your passengers after an accident, regardless of fault. 

Key Components: 

• Medical Costs: Covers medical and surgical expenses, doctor visits, and hospital stays.
• Supplemental Coverage: Acts as supplemental coverage to health insurance policies. 
   

Roadside Assistance

Roadside Assistance is an optional coverage that provides help if your car breaks down or you encounter other issues on the road. Services typically include towing, battery jump-starts, tire changes, and lockout assistance. 

Key Components: 

• Towing Services: Covers the cost of towing your vehicle to a repair shop. 
• Emergency Services: Provides help with flat tires, dead batteries, and other minor roadside issues. 
• Lockout Assistance: Helps if you’re locked out of your car. 
   

Rental Reimbursement

Rental Reimbursement covers the cost of a rental car while your vehicle is being repaired after an accident. This coverage ensures that you have a means of transportation while your car is in the shop. 

Key Components: 

• Rental Costs: Pays for the cost of a rental car up to a specified daily limit. 
• Coverage Duration: Covers rental costs for a set number of days or until your car is repaired. 
   

Why Choose LB Auto for Your Car Insurance Needs?

At LB Auto, we are dedicated to helping you understand and choose the best car insurance coverage for your needs. Our team of experts is here to guide you through the process, ensuring you have the protection you need for peace of mind on the road. 

Dealership Information: 

• Address: 1013 West Main Street, Lebanon, TN 37087
• Phone: (615) 306-5180 
• Email: leebo2798@yahoo.com 

Visit us today to learn more about your car insurance options and how we can help you secure the best coverage for your vehicle. Contact us to speak with our knowledgeable team and get started on finding the right insurance plan for you. 

Trust LB Auto to provide expert advice and comprehensive car insurance options that suit your needs and budget. Drive with confidence knowing you’re well protected.