Uninsured Motorist Protection vs. Liability Insurance
At Indy Car Financing, we are dedicated to helping our clients with every step of buying their next new or used car, from the initial credit application, to understanding the difference between uninsured motorist protection and liability insurance. Read on to learn how your choice of insurance policy can impact your Speedway and Indianapolis purchase, then stop by our offices at Speedway Chevrolet to get the ball rolling today.
What is Uninsured Motorist Protection?
Uninsured, or underinsured, motorist protection is designed to cover you should you be involved in an accident with a motorist who doesn’t carry auto insurance. This type of policy helps to bridge the gap between what, if any, payment you can expect from the at-fault motorist, and the actual cost of damage to your vehicle or property. It will also cover medical expenses you may have incurred as a result of injuries sustained in the collision.
What is Liability Insurance?
Liability insurance is designed to cover costs associated with an accident where you are the party at fault. This type of insurance is generally required by law and will provide remuneration for damage to another party’s vehicle and property if you are found at fault for the accident, preventing you from being held financially responsible. Liability insurance will also cover the costs of medical expenses for the other party, up to a pre-established limit, including the cost of emergency services.
If You’re in the Market for a New Car, Let Indy Car Financing Help
If you’re ready to replace your old clunker, visit Indy Car Financing First. Our skilled team of expert negotiators can help you calculate a budget, research vehicles, and find the lowest price and best rate for your credit situation. No matter what you need, we’re here to help.
Learn About the Insurance Available and Get the Car You Need at Indy Car Financing
Our expert counselors can help clear up the confusion between uninsured motorist protection and liability insurance for our Speedway and Indianapolis clients. Simply contact Indy Car Financing at (855) 468-6215 or stop by Speedway Chevrolet at 5252 W 38th St in Indianapolis today.