Call Us Today | 740.452.7575 | Follow Us | | |
Auto Insurance AUTO

Auto insurance protects you against financial loss if you have an accident.

Read More
Homeowners Insurance HOME

A standard policy insures the home itself and the things you keep in it.

Read More
Business Insurance BUSINESS

Discover the perfect insurance options to meet your specific and unique needs.

Read More
Life Insurance LIFE/HEALTH

Browse a variety of insurance options in order to find the right one for you.

Read More

States have laws requiring drivers to carry auto insurance, sometimes referred to as financial responsibility laws. There are a number of ways a driver can show his ability to pay for injuries and damages. By a wide margin, auto insurance is the most common form of financial responsibility compliance and is the most frequently puchased form of insurance.

The two basic components of auto insurance coverage are liability and physical damage coverages. Liability coverage will pay for your negligence resulting in bodily injury and/or property damage. Claims for bodily injury could include claims for medical expenses, lost wages and consequential damages including pain and suffering. Property damage coverage pays for the damage you may do to the property of others. Liability coverage includes the cost of defending yourself against liability claims. A companion coverage that is of great value is uninsured motorist coverage. This coverage protects you if you are injured by an uninsured driver.

Physical damage coverage can provide collision and/or comprehensive coverage. Collision coverage provides payment for damage to your automobile as the result of collision with an object. Comprehensive coverage pays for damage to your auto by causes other than collision. Collision and comprehensive coverages are optional and not required by law. If you have alien on the automobile, the lender will require you carry these two coverages.
Posted 1:23 PM

Share |


NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Facebook
Twitter
LinkedIn
Google+
Site Map | Privacy Policy | © Copyright. All rights reserved.
Powered by Insurance Website Builder