Differences Between Shopping For Standard Vs Non standard Auto Insurance

What Is Standard Auto Insurance?

Standard auto insurance is the most common type of coverage and typically meets the state minimum requirements for coverage. It is usually the most affordable choice and it provides coverage for the most common types of losses. Generally, standard auto insurance policies will cover liability and collision coverage. Liability coverage helps pay for damages if you are at fault for an accident, while collision coverage pays for damages to your vehicle. In some cases, standard auto insurance may also include personal injury protection and uninsured motorist coverage.

What Is Nonstandard Auto Insurance?

Nonstandard auto insurance is a type of coverage for drivers who have been deemed to be high-risk. This type of coverage is typically more expensive than standard auto insurance, but it is necessary for drivers who have been involved in multiple accidents, have had several traffic violations, or have a poor driving record. Nonstandard auto insurance typically includes higher bodily injury and property damage limits than standard auto insurance. In addition, it may also include coverage for medical payments, towing and labor costs, and rental car reimbursement.

Differences In Price

The biggest difference between standard and nonstandard auto insurance is the price. Nonstandard auto insurance is typically more expensive than standard auto insurance. This is because nonstandard auto insurance is designed for drivers who have been deemed to be high-risk, and therefore they require higher premiums to offset the greater risks. In addition, nonstandard auto insurance may include additional coverage options, such as rental car reimbursement, towing and labor costs, and medical payments.

Differences In Coverage

Another difference between standard and nonstandard auto insurance is the coverage. Standard auto insurance typically includes liability and collision coverage, while nonstandard auto insurance usually includes higher bodily injury and property damage limits. In addition, nonstandard auto insurance may include additional coverage options not found in standard auto insurance policies, such as medical payments, towing and labor costs, and rental car reimbursement.

Who Should Get Nonstandard Auto Insurance?

Nonstandard auto insurance is typically recommended for drivers who have been deemed to be high-risk. This includes drivers who have multiple accidents on their record, have had several traffic violations, or have a poor driving record. Nonstandard auto insurance typically includes higher bodily injury and property damage limits than standard auto insurance, as well as additional coverage options, such as rental car reimbursement, towing and labor costs, and medical payments.

Conclusion

Standard auto insurance is the most common type of coverage and typically meets the state minimum requirements for coverage. It is usually the most affordable choice and it provides coverage for the most common types of losses. Nonstandard auto insurance is a type of coverage for drivers who have been deemed to be high-risk. It is typically more expensive than standard auto insurance, but it is necessary for drivers who have been involved in multiple accidents, have had several traffic violations, or have a poor driving record. Nonstandard auto insurance typically includes higher bodily injury and property damage limits than standard auto insurance, as well as additional coverage options, such as rental car reimbursement, towing and labor costs, and medical payments.