Auto insurance is essential for protecting yourself, your vehicle, and others on the road. However, many drivers don’t realize they may have gaps in their coverage—gaps that could leave them financially vulnerable after an accident. Understanding these common gaps can help ensure you have the protection you need.

Uninsured & Underinsured Motorist Coverage

One of the biggest risks on the road is encountering a driver without adequate insurance. If you’re hit by an uninsured or underinsured driver, you may be left paying for repairs and medical bills out of pocket. Uninsured motorist coverage helps cover these expenses, ensuring you’re not stuck with unexpected costs.

Collision vs. Comprehensive Coverage

Many drivers opt for the minimum insurance required by law, which may not cover damage to their own vehicle. Understanding the difference between collision and comprehensive coverage can help you avoid costly surprises:

• Collision Coverage – Pays for damage to your vehicle if you hit another car, object, or are involved in a single-car accident, regardless of fault.
• Comprehensive Coverage – Covers non-collision events such as theft, vandalism, fire, or natural disasters. If your car is stolen or damaged by a falling tree, comprehensive coverage helps cover the repair or replacement costs.

Other Key Coverages to Consider

• Gap Insurance – Covers the difference between what you owe on a loan and your car’s actual value if it’s totaled.
• Rental Car Reimbursement – Pays for a rental vehicle while your car is being repaired after an accident.
• Medical Payments Coverage (MedPay) – Helps pay for medical bills for you and your passengers, regardless of fault.

Review Your Policy Today

Don’t wait until an accident happens to find out you’re underinsured. Review your policy, assess potential gaps, and speak with an insurance professional to ensure you have adequate protection. A well-rounded auto insurance plan can save you from major financial setbacks in the long run.