Different types of car insurance coverage

People who are looking for car insurance will soon discover that there are several different types of policies to choose from. Here is an overview of some of the main types of car insurance policies.

Comprehensive Car Insurance

This is the most extensive types of car insurance policy and covers most types of damage done to a policy holder’s vehicle due to collision, flood damage and theft. It also covers the policy holder for damage that they do to another person’s vehicle while they are behind the wheel.

One Month Car Insurance

Most regular car insurance policies run for a full year and are then renewed by the policy holder at the end of the year. However, people who rarely drive their vehicle can save money by selecting this type of car insurance policy and it can also be used to insure a visiting relative so that they can drive a family vehicle for a short period of time.

Classic Car Insurance

This type of car insurance is specially tailored for people who own classic cars and covers their car for all eventualities both on and off the road. Because classic cars tend to have a high value, this type of car insurance often costs more than regular car insurance.

Over 50 Car Insurance

People who are over the age of 50 are usually deemed to be of lower risk than younger drivers, mainly because they have more experience behind the wheel. People who are over the age of 50 should opt for this type of car insurance to help them save money on their premium.

Other types of car insurance include third party property damage and liability car insurance.