You never know exactly when disaster could strike. Although it's easiest to imagine a world where vehicle accidents don't occur, it can hurt you in the long run. To ensure that you'll be able to get back on the road quickly in case of an accident, and also cover the costs involved with your damaged vehicle, it's crucial that you have auto insurance.
Not only does auto insurance ensure that your vehicle is covered, but it also helps you cover the medical bills of anyone that may be hurt in an accident that was caused by you or the driver of your vehicle.
Also, auto insurance can help you get back on your feet if your vehicle is stolen or has damage from weather or fire, and more.
If you think auto insurance sounds like a good idea, you'd be right - and it's required by law in most states.
But what is auto insurance? Auto insurance is a contract that you and your insurance company share and understand that requires you to pay a once yearly, twice yearly, or monthly fee to ensure the protection of your vehicle in case of an accident.
If you are in an accident, the money you've been paying over the year will ensure that you get help with the cost of your damaged vehicle and the medical bills accrued by hurt parties.
There are different kinds of liability insurance coverage in an auto policy – liability coverage for others, which is coverage that pays for losses that you cause to others in case of an accident, and no-fault, also called medical payments, which is medical cost coverage for you and your passengers regardless of who's at fault in an accident. The requirements for these kinds of insurance vary by which state you live in. In addition, there is Uninsured/Underinsured Motorist coverage which pays for your medical expenses and lost wages when you are injured by an at-fault driver who either does not carry enough insurance to cover your expenses or carries no insurance at all.
When you purchase a vehicle, it's against the law to not be able to cover the damages you cause someone else in case of an accident, which makes auto insurance the best way to cover yourself.
Car insurance physical damage coverage is broken down into collision insurance and comprehensive insurance. Collision insurance is exactly what it sounds like -- it covers damage that is incurred to your vehicle in an accident. Comprehensive insurance covers damage that was caused to your vehicle aside from an accident. This could be theft, damage from a fire, or damage from weather.
Every vehicle and car owner is different, which is why provides a wide variety of auto insurance packages to best fit your needs. Give us a call at 203-255-2877 today to learn about our auto coverage options!