What is auto insurance?
Auto insurance protects you against financial loss if you have an accident. Auto insurance provides property, liability and medical coverage:
- Property coverage pays for damage to or theft of your car.
- Liability coverage pays for your legal responsibility to others for bodily injury or property damage.
- Medical payment coverage pays for the initial medical expenses related to the accident for you and your passengers, regardless of who is at fault. Some common expenses covered are ambulance transportation to the hospital, emergency room care, and sometimes lost wages and funeral expenses.
Why do you need auto insurance?
It’s really all about protecting yourself financially.
- If you’re in an accident or your car is stolen, it costs money, often a lot of money, to fix or replace it.
- If you or any passengers are injured in an accident, medical costs can be extremely expensive.
- If you or your car is responsible for damage or injury to others, you may be sued for much more than you’re worth.
- If your car is financed, your lender will likely require you to have full coverage automobile insurance.
- It is required by law.
Questions to ask your agent at The Insurance Connection
Your Independent Agent is an advocate for finding auto insurance that meets your specific needs. Here are a few things to consider as you prepare for the discussion:
- How much can you afford to pay if you get in an accident? (To keep premiums low you may want to have a higher deductible and be willing to pay more for repairs.)
- What discounts are available? (Ask about good driver, low mileage, telemetric, paperless, multi-policy and student discounts.)