Breaking Down the Need for Auto Insurance...

We know it can be hard to spend the money on auto insurance every month just to see it not be used. But just listen to how important these facts are about auto insurance:

1. Bodily Injury Liability

This coverage applies to injuries that the policyholder and family members listed on the policy cause to someone else.

2. Medical Payments or Personal Injury Protection (PIP)

This coverage pays for the treatment of injuries to the driver and passengers of the policyholder’s car.

3. Property Damage Liability

This coverage pays for damage policyholders (or someone driving the car with their permission) may cause to someone else’s property.

4. Collision

This coverage pays for damage to the policyholder’s car resulting from a collision with another car, object or as a result of flipping over. It also covers damage caused by potholes.

5. Comprehensive

This coverage reimburses for loss due to theft or damage caused by something other than a collision with another car or object, such as fire, falling objects, missiles, explosions, earthquakes, windstorms, hail, flood, vandalism and riots, or contact with animals such as birds or deer.

6. Uninsured and Underinsured Motorist Coverage

Uninsured motorist coverage will reimburse the policyholder, a member of the family or a designated driver if one of them is hit by an uninsured or a hit-and-run driver.

I urge you to check out this article which goes over in detail why auto insurance can be so important. We wrote a small blurb from each category from the article. Please click the link and read more about why auto insurance is so important.

https://www.iii.org/publications/insurance-handbook/insurance-basics/auto-insurance-basics