Do you ever wonder what your auto insurance policy covers? Do you think you may be paying too much? We at Inshora Group have the power to shop with several companies so we can ensure you get the best price for best coverage.
Complete our online insurance form and receive four or five free quotes from top insurance carriers in your area.
Car insurance provides property, liability and medical coverage:
- Property coverage pays for damage to or theft of your car.
- Liability coverage pays for your legal responsibility to others for bodily injury or property damage.
- Medical coverage pays for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses.
Most auto policies are for six months to a year.
Parts of Auto Insurance Policy:
1. Bodily Injury Liability
For injuries the policyholder causes to someone else. This is also referred to as Third-Party Coverage.
2. Property Damage Liability
For damage the policyholder caused to someone else’s property.
3. Medical Payments or Personal Injury Protection (PIP)
For treatment of injuries to the driver and passengers in policyholder’s car. At its broadest, PIP can cover medical payments, lost wages and the cost of replacing services normally performed by someone injured in an auto accident.
For damage to the policyholder’s car from a collision. The collision could be with another car, a light post, fire hydrant, etc.
For damage to the policyholder’s car that doesn’t involve a collision with another car. Covered risks include fire, theft, falling objects, missiles, explosion, earthquake, flood, riot and civil commotion.
6. Uninsured Motorist Coverage
For treatment of policyholder’s injuries as a result of collision with an uninsured driver. It is often referred to as Hit & Run Coverage. Underinsured motorist coverage comes into play when an at-fault driver has auto liability insurance, but the limit of insurance is inadequate to pay for your damages.
The next time you are shopping for Texas vehicle insurance, keep in mind that these will most likely be the types of coverage you will chose from. Our recommendation is to contact our agency for a free consultation to understand what you need. Good luck!