Insuring Your Car

First of all, no auto insurance company, no matter what it says in its ads, offers the lowest price for every driver in every location. There are companies that are often among the lowest. And there are companies that are usually among the highest. But no company is the lowest for everybody. Every company has a different appetite for the risks it wants to take on. Some insurers want only very good drivers who have no tickets or accidents. Some companies, believe it or not, actually want bad drivers. The trick is to match your situation with the insurance company that is the most interested in insuring you. That's where you'll get the best price.

One of our insurance companies says that on average, good drivers have an at-fault accident every 12 years or so. So keep in mind that your auto insurance will probably the insurance policy you most often need in your life. The point here is that it is vital that you make smart insurance decisions when buying auto insurance. Here are the basic coverages that make up a typical auto policy:

Bodily Injury Liability: It pays the medical and other expenses of those people injured or even killed in accidents you cause. If you cause an accident that injures, or God forbid, kills someone, your liability had better be enough to cover the lawsuit that you are about to experience.

Property Damage Liability: 'It covers the damage your car causes to property. Usually, that's the other car or cars involved in the accident, but it also covers damage you do to any object you hit. Keep in mind that many cars on the road today are worth 50,000 and above.

Collision: This is for damage done to your car when it collides with other vehicles (your fault) or other objects (again, your fault).

Comprehensive: This covers damage to your car that results from something other than a collsion with another vehicle. Example: damage caused by vandals or a tree falling on your car.

Medical Payments: It pays medical, and even funeral, expenses for you as well as members of your family and passengers in your car if it is involved in a collision, regardless of who caused the accident.

Uninsured/Underinsured Motorist: This pays for injuries to you and, in some policies, damage to your car if you are hit by a driver who doesn't have insurance or by someone who doesn't have enough insurance to cover your losses.

For more information, just give us a call and we will be happy to research the best policy and price for you!