Insurance companies offer different types of policies that you can purchase to fit your needs as a Virginia driver. Most of the differences lie in the liability limits and the language used in the policy. The following are the three different types of insurance you can find in Virginia.
- Family Auto Policy – This insurance policy contains three separate limits for the three different types of liability. Its language can sometimes be confusing, so make sure you understand the limits for each section. Ask your insurance agent if you have any questions.
- Personal Auto Policy – This insurance policy also contains three separate limits. However, the language is tampered down to be more consumer friendly.
- Special Package Auto Policy – This policy contains one limit for all types of liability. However, this limit must be at least $70,000, which is $20,000 more than any single liability coverage in the Family Personal policies. It also contains uninsured motorist coverage.
The different types of insurance are designed to fits the needs of each consumer. To learn more about purchasing insurance in Virginia and the different types of insurance, check out The Ultimate Guide to Insurance in Virginia.
