Auto Insurance

Typical auto insurance coverage includes liability insurance (for damages and injuries you cause to others), collision coverage (for damage to your car from an accident), comprehensive coverage (for non-collision-related damage), and personal injury protection (for medical expenses).

Liability insurance covers damages and injuries you cause to others in an accident where you are at fault. It includes bodily injury liability (for medical costs) and property damage liability (for repair costs to others’ property).

Collision coverage pays for repairs to your vehicle after an accident, regardless of who is at fault. It covers damage from collisions with other vehicles or objects like fences and trees.

Comprehensive coverage protects your vehicle from damage not caused by a collision. This includes damage from theft, vandalism, natural disasters, and hitting animals.

PIP or medical payments coverage helps pay for medical expenses for you and your passengers if you’re injured in an accident, regardless of who is at fault. PIP can also cover lost wages and other related expenses.

This coverage helps pay for your injuries and damages if you’re involved in an accident with a driver who has no insurance or insufficient insurance to cover the costs. It protects you when the at-fault party cannot fully compensate you.

Factors influencing your premium include your driving history, age, location, type of vehicle, mileage, credit score, and coverage limits. Insurance companies assess these factors to determine your risk level and premium costs.

You can lower your premium by maintaining a clean driving record, opting for higher deductibles, bundling policies (e.g., auto and home insurance), and taking advantage of discounts (e.g., good driver, low mileage, or safety features).

A deductible is the amount you pay out-of-pocket before your insurance coverage kicks in. For example, if you have a $500 deductible and a $2,000 repair bill, you pay $500, and your insurer covers the remaining $1,500.

First, ensure everyone’s safety and call emergency services if needed. Exchange information with other parties involved, take photos of the scene, and get contact details from witnesses. Report the accident to your insurance company as soon as possible.

Many auto insurance policies offer rental car coverage as an add-on. This coverage helps pay for a rental vehicle while your car is being repaired due to a covered claim. Check your policy for specifics and options.

Generally, your auto insurance follows the car, so if you have permission to drive someone else’s vehicle, your policy may provide coverage. However, it’s essential to check with your insurer to confirm how coverage applies in such situations.

Gap insurance covers the difference between what you owe on your car loan and its current market value if your car is totaled or stolen. It is beneficial if you have a loan or lease and owe more than the car’s value.

It’s a good idea to review your auto insurance policy annually or whenever you experience significant life changes, such as buying a new car, moving, or changes in your driving habits, to ensure your coverage remains adequate.

An SR-22 is a certificate of financial responsibility required by some states for high-risk drivers, such as those with a DUI or multiple traffic violations. It proves you have the minimum required insurance coverage.

Review the denial letter for reasons and contact your insurance company for clarification. You can appeal the decision by providing additional information or documentation to support your claim and seek resolution

Yes, if you have comprehensive coverage, it will cover damage from natural disasters like floods, hurricanes, or hail. Check your policy to ensure these types of damages are included.

Policy Palz will soon offer expert agents who can help you find the best auto insurance plan tailored to your needs and budget. They will assist you in comparing different policies, understanding coverage options, and ensuring you get the best protection for your vehicle.