2014 East 6200 South
Salt Lake City,
Purchasing or leasing a car is a substantial investment, and it's critical to protect it. Having car insurance is the best way to financially protect yourself and your vehicle. If you're in an accident, or your car is stolen or damaged, car insurance will help cover the costs.
In the United States, every state has its own minimum liability insurance requirement. Is it enough, though? Is there any other alternative? Learn how automobile insurance companies work and the various forms of coverage they provide in the sections below.
An auto insurance policy is a legal agreement that binds you to the insurer and provides coverage in the case of an accident or theft of your car. Once you get your car insurance quote and pay a premium, the insurance provider promises to cover your losses as specified in the contract.
The following are some of the things that car insurance may cover:
We understand that not everyone needs the same car insurance coverage. That's why we offer a variety of coverages and options to choose from, so you can get the protection you need at a price that fits your budget.
If you or another family member is driving your vehicle, your auto insurance will provide coverage (with their permission). If you give consent to someone who is not listed on your insurance to drive your automobile, your policy may cover them as well.
Your automobile insurance does not cover you when you're not in your car. Whether commuting to work, going about errands, or taking a road trip, your vehicle coverage only protects you while you're behind the wheel.
It is important to know that some policies will not cover you if you use your automobile for commercial activities, such as delivering pizzas. Using a ride-sharing service like Uber or Lyft may void your motor insurance policy since these services are not covered. However, supplemental ride-sharing insurance is now being offered by several motor insurers (at an extra fee) to vehicle owners who provide ride-sharing services.
Different states have different minimum standards for auto insurance. Additionally, your lender may have restrictions if you are financing a vehicle. Car owners in almost every state are required to carry:
Even if your state does not require it, PIP and uninsured/underinsured motorist coverage are always recommended.
The amount of liability coverage you should have in your auto insurance policy depends on a variety of factors, including the state where you live, the type of vehicle you drive, your driving record, and the value of your assets. In general, you should carry enough liability insurance to protect your assets in the event that you are sued for causing an accident.
Collision coverage pays for damage to your vehicle that occurs as a result of a collision with another vehicle or object, regardless of who is at fault. Comprehensive coverage pays for damage to your vehicle that occurs from events other than collisions, such as theft, fire, or weather damage.
If you don’t own a car but still want to be protected in the event of an accident, you can purchase a non-owner’s auto insurance policy. This type of policy will provide liability coverage if you cause an accident while driving a rental car or someone else’s vehicle.
Collision insurance is designed to protect you financially if your car is damaged in a collision. Whether or not you should have collision insurance on an old car depends on the age and value of the car, as well as your driving record and other factors. If your car is older and has little value, it may not be worth paying for collision insurance.
While most insurance products are similar in price and function, insurance providers vary when it comes to structuring a policy tailored to you.
After all, there’s no such thing as a one-size-fits-all insurance policy when it comes to your automobile.
Contact us today, and we'll help you protect what matters most.