Auto Insurance

Operating a motor vehicle is a privilege, not a right. It is assumed that you will drive in a responsible manner and do your best to minimize the probability that an accident will occur. Not only do accidents result in property damage, they also cause personal injury to other motorists and pedestrians. For this reason, AUTO INSURANCE is required by law.

Insurance on your vehicle is important because it ensures that repair costs and medical bills resulting from injuries to innocent parties will be covered. These costs can be staggering, sometimes upward of $25,000. Maintaining proper insurance coverage gives you peace of mind.

Liability Coverage For Your Vehicle

Every state requires some form of liability insurance coverage on passenger vehicles. You are responsible for any monetary costs associated with an accident that you cause. If you strike another vehicle and cause property damage and/or personal injury, you must pay for repairs as well as for medical services rendered to the innocent party.

Liability insurance is usually packaged to cover costs to a predetermined maximum for injury to a person, group of persons, and property damage. This damage coverage is not limited to other vehicles, however. It also covers the cost to replace personal belongings or other property that may be destroyed in a collision.

Insurance To Repair Your Own Vehicle

This form of AUTO INSURANCE is known as collision/comprehensive coverage. It ensures that your own vehicle will be repaired if you are involved in a collision that you cause. If you purchase a vehicle and take out an auto loan, the finance company will likely require this insurance as part of the loan agreement.

Comprehensive insurance covers damages or vehicle loss in situations where no at-fault party can be determined. Things such as hail damage, flooding, falling branches, and vehicle theft are covered by this type of insurance.

Other forms of vehicle insurance include personal injury protection and uninsured motorist protection. These are required in some states and are optional in others. Your insurance agent can usually add these coverage types to your policy for a nominal increase in monthly premiums.

Filing Claims

The details of an accident involving you, other motorists, and your vehicle are carefully noted on an accident report submitted by responding police officers. You must obtain a copy of this report and submit it to your insurance company when you file a car insurance claim. You may be responsible for paying a certain deductible amount before your collision/comprehensive insurance claim is honored.