Is Car Insurance On The Car Or The Person?

Is the car insurance on the car or the person? This is a common question many people ask when buying car insurance. The answer isn’t as simple as one might think, as a car insurance policy can be written to cover both the vehicle and the driver. Depending on the type of policy you have, the coverage could be on either the car or the person. This article will discuss the difference between the two, and how to determine which type of policy is right for you.

Car Insurance on the Car

If you have car insurance on the car, the policy will cover the physical damage to the vehicle, regardless of who is driving it. This type of coverage is known as "comprehensive" or "collision" coverage, and it will pay for damages caused by a collision or other type of accident, as well as for damages incurred from theft, vandalism, floods, fires, and other types of natural disasters. In most cases, the car itself is the main insured party, and the coverage will remain in effect regardless of who is driving the vehicle.

Car Insurance on the Person

On the other hand, if you have car insurance on the person, the policy will cover the driver and any passengers in the event of an accident. This type of coverage is known as "liability" coverage, and it will pay for damages to other people or property caused by the driver. It will also cover medical expenses and other costs associated with an accident. In this case, the driver is the main insured party, and the coverage will remain in effect regardless of which vehicle they are driving.

Which Type of Policy is Right For You?

When it comes to choosing the right type of car insurance policy for your needs, it's important to consider your individual situation. If you frequently use other people’s cars, then having insurance on the person may be a better choice. On the other hand, if you only drive your own vehicle, then having insurance on the car may be the better option. Ultimately, the type of policy you choose should depend on your individual needs and the type of coverage you want.

Conclusion

To sum up, the answer to the question "Is the car insurance on the car or the person?" is that it depends. It is possible to have a policy that covers both the car and the driver, but it is also possible to have a policy that only covers one or the other. Ultimately, the type of policy you choose should depend on your individual needs and the type of coverage you want. By taking the time to shop around and compare different policies, you can be sure to find the one that is right for you.