Auto Insurance

Driving offers you freedom and convenience but also entails risks like accidents, theft and other unexpected damage. Personal auto insurance helps mitigate these risks by providing financial protection following such scenarios. Whether you’re in the city or on rural roads, having the right insurance helps ensure you’re prepared for the unexpected, safeguarding your vehicle and financial well-being.

What Is Personal Auto Insurance and What Does It Cover?

Personal auto insurance is a policy that can provide financial protection for your vehicle and cover costs associated with accidents, theft and other damages. It’s a contract between you and an insurance company, where you pay a premium, and in return, the insurer may cover certain expenses. Personal auto insurance is meant for personal driving, not commercial use, such as deliveries or ridesharing.

It typically includes the following coverage options:

• Liability coverage may cover injuries and property damage you cause in an accident. Bodily injury liability may pay for others’ medical expenses, while property damage liability may cover damage to someone else’s property.
• Collision coverage may pay for repairs to your car after a collision with another vehicle or object, usually after you pay a deductible.
• Comprehensive coverage may cover non-collision incidents like theft, vandalism, fire, or natural disasters.
• Uninsured/Underinsured motorist coverage may cover you if you’re in an accident with an at-fault driver lacking sufficient insurance.
• Roadside assistance may help if your car breaks down, runs out of gas, or needs a tow.
• Rental reimbursement may pay for a rental car while yours is being repaired after an accident.

Who Needs Auto Insurance?

Personal auto insurance is crucial for every driver, helping protect against financial loss from accidents, theft and damage. Those who need auto insurance include the following:

• Most drivers—Most states generally require minimum liability coverage for legal driving.
• Owners with new or expensive cars—Full coverage (collision and comprehensive) is advisable for valuable vehicles.
• Those with auto loans or leases—Lenders often require full coverage to protect their investment.
• Regular commuters—Daily drivers should consider additional coverage for accidents.
• Residents of high-risk areas—Full coverage is vital in areas with extreme weather, high theft rates, or frequent animal collisions.
• Anyone unable to afford major repairs—Insurance helps cover repair or replacement costs if your car is wrecked or stolen.

Whether you commute daily, travel on weekends, or are a new driver, the right policy can help ensure your safety and financial security. Secure your vehicle and future with auto insurance.