Many people make the mistake of thinking that auto insurance is just a necessary evil. In fact, having adequate auto insurance can mean the difference between an accident being a slight hiccup in you day to day routine, and it causing financial devastation in your home.
That being said, we know that you want to save as much money as you can without sacrificing the coverage that you need to feel secure. Luckily, there are many different ways that your insurance provider can help you save money. Your driving record, type of vehicle and vehicle use can all be factors in determining if you are eligible for certain discounts. You may also get discounts for having a home and auto policies with the same carrier, or having multiple cars insured.
Another way to save money on your insurance premium is to understand and examine your necessary coverage levels. There are several different levels of coverage that make up your auto policy:
- Bodily Injury Liability: Provides coverage to an accident victim in the event of a law suit and is required by the State of Auburn
- Property Damage Liability: This covers the cost of any damage that your vehicle causes to another person’s property. While this usually refers to the other vehicle involved in an accident, it can also include houses, garages, and anything else that counts as property.
- Uninsured / Underinsured Motorist: This pays for the damages that result from an accident caused by an uninsured motorist. This also pays for damages which cost more than an underinsured motorist’s coverage can pay for.
- Personal Injury Protection: This offers medical coverage for the policyholder and his or her family in the event of a collision, regardless of fault. It will also provide coverage for pedestrians who are hit by a vehicle. Many options are available to provide funeral expenses and other important coverage's needed when you are hurt and cannot work.
- Collision: Covers damage done to your vehicle when it collides with another vehicle or object.
- Comprehensive: Covers damage to your vehicle resulting from something other than a collision. Examples for this would be hitting a deer, broken windshields, theft or flood.
- Other Miscellaneous Coverage: This varies depending on the insurance provider.
We can work with you to find the perfect combination of coverage levels for your circumstances. Call us today for a free analysis of your needs and we will help you find a policy with the best possible coverage at a great price.