Reduce your auto insurance premium costs.
What you should know about Auto Insurance Protection

Driving is more expensive today than ever and costs are getting higher every day. With the price of your vehicle, auto insurance, fuel, maintenance and repairs straining your wallet as time goes by.

Another expense comes from the dealership and state you live in. Many dealerships and states require you to purchase not only insurance, but a specific amount of auto insurance. This coverage will usually be enough to protect you against the worst financial losses that may arise. Without this specific amount of insurance, you may not be covered for a major loss and any claim will come pocket directly.

After an accident, auto insurance will cover repairs to or loss of your vehicle. Auto insurance will also a financial safety net to help with the following costs:

  • Personal and other person(s) bodily injuries
  • Injury with lost wages
  • With an accident that results in death; benefits paid to survivors
  • As the result of an accident, any lawsuit brought against the you.
  • Damage repairs made to your car due to an accident.

Basic auto insurance types and detailed information about each:

Liability Insurance
This type of insurance protects you and your financial assets in case you have an accident and/or injure another person(s). This insurance also protects damage caused to property of another person(s) with your automobile.

Bodily injury liability insurance protects you if another person is injured, disabled or killed due to an automobile accident.

Property damage liability insurance covers another person's car, fence, or mailbox, due to damage from your vehicle.

You will only be responsible for property damage, if you are determined to be liable (responsible or at fault) for the accident. If you're considered liable, certain costs may arise, such as, the injured person(s) medical and hospital bills, rehabilitation, loss of income and something they call, "pain and suffering". "Pain and suffering" is paying someone for the physical and mental pain, inconvience or otherwise issue. Damages owed will be determined by fault and legal and insurance authorities. You will be held accountable for any costs that remain after you auto insurance coverage pays out. No matter what, make sure you get enough liability insurance coverage so you can protect yourself and your financial assets.

Liability comes in split amounts, such as $50,000-$100,000-$50,000. For example, the first number of $50k is the max your policy will pay each person per accident for bodily injuries. The $100k is the overall maximum your auto insurance will pay out. The last number, $50k is the amount your auto insurance pays out for property damage.

The minimum liability insurance amounts of $25,000-$50,000-$10,000 is required in most states. This means there's $25k for injury coverage for one person, with $50k total for injuries to all persons, and $10k for all property damage.



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