There are four main coverage types in the auto insurance industry:
Liability Coverage: Covers medical expenses for injuries to partygoers of the other vehicle in an accident, as well as property damage Collision Coverage: Helps pay for damages to your car from a wreck  Comprehensive Coverage: Insures your car for damages not caused by a wreck, such as vandalism or a natural disaster Uninsured/Underinsured Motorist Coverage: This type of coverage kicks in when the other driver is at fault and doesn't have insurance or enough insurance to cover your damages