Did you know that there is more than one kind of auto insurance? It’s essential to have insurance coverage, but not all auto insurance policies are the same. At Morin Insurance, we do more than just set you up with a “one size fits all” policy. We’ll walk you through the various types of NH auto insurance to ensure you have the coverage you need.
Here’s a look at four of the most common types of NH auto insurance to help you better understand your coverage options.
Liability Coverage
Liability insurance is the backbone of auto insurance policies. It covers damages to other people’s property or injuries sustained by others in an accident where you are deemed at fault. From medical bills to property repair costs, liability coverage ensures you’re not left footing the entire bill in case of an accident.
Collision Coverage
If you get into an accident of any kind, you’ll be glad you have collision coverage. Unlike liability coverage, collision coverage protects your vehicle, regardless of who is at fault. From fender benders to more severe accidents, having collision coverage ensures you can repair or replace your car without significant out-of-pocket expenses.
Comprehensive Coverage
While collisions are a common cause of vehicle damage, they’re not the only threat to your car. Comprehensive coverage protects your vehicle from non-collision incidents such as theft, vandalism, fire, or natural disasters. Whether it’s a stolen car or a fallen tree limb damaging your vehicle, comprehensive coverage offers peace of mind against a range of unexpected events.
Uninsured/Underinsured Motorist Coverage (UM/UIM)
Only two states do not require insurance to register a vehicle: New Hampshire and Virginia. However, in NH, you do need to prove that you have sufficient funds to cover the costs of an at-fault accident. Despite this requirement, uninsured drivers may still struggle to come up with the necessary funds. If you get into an accident with an uninsured or underinsured driver, UM/UIM coverage acts as your safety net. It covers your medical expenses and vehicle repairs when the at-fault party lacks sufficient insurance coverage, ensuring you’re not left financially vulnerable due to someone else’s negligence.
NH Auto Insurance | Morin Insurance Agency
Our team at Morin Insurance is here to help you with your NH auto insurance coverage. Whether you just bought a new car, need to add a new driver, or want to redo your policy, our agents will put together a policy that meets your needs. Give us a call at (603) 875-1200 to get started.
