Cars and Loans

liability (40–50% of premium)

• Bodily injury coverage
• Property-damage coverage (e.g., to another person’s car)

collision (up to 30% of premium)

• Pays for the physical damage to your car as a result of an accident
• Limited by deductible

comprehensive (about 12% of premium)

• Pays for damage caused by vandalism, hailstorms, floods, theft, etc.

medical

• Covers medical payments for driver and passengers injured in accident 

uninsured motorist

• Reimburses you for bodily injury in accidents caused by uninsured drivers

towing and labor

rental reimbursement

• Pays a specific amount per day to rent a car while yours is being fixed