Auto insurance is one of the most important purchases you make as a driver. It can protect you financially in the event of an accident, and it’s required by law in most states.
But what is auto insurance, exactly? And how do you choose the right policy for your needs?
Auto insurance is a contract between you and an insurance company. You agree to pay a monthly premium, and the company agrees to pay for certain damages or injuries that you may cause in an accident.
There are many different types of auto insurance policies available, so it’s important to understand what each one covers. There are three main types of coverage: liability, collision, and comprehensive.
Liability Insurance
Liability insurance is the most important type of auto insurance. It covers the costs of damages and injuries that you may cause in an accident, up to a certain limit.
Most states require liability insurance, and it’s a good idea to have it regardless of where you live.
Collision Insurance
Collision insurance covers the costs of repairing or replacing your car if it’s damaged in a collision. It’s optional, but it’s a good idea to have if you drive a newer car or if you’re not comfortable with the risk of being uninsured. In fact, we suggest every driver have collision insurance.
You may not know that collision insurance also covers damages caused by an uninsured or underinsured driver. So if you’re in an accident with someone who doesn’t have insurance, your collision coverage will help pay for the repairs.
Comprehensive Insurance
Comprehensive insurance covers the costs of repairing or replacing your car if it’s damaged in a non-collision event, like a fire or a theft. It’s also optional, but it’s a good idea to have if you drive a car that’s not covered by collision insurance.
For example, if your car is stolen, comprehensive insurance will help pay for the cost of replacing it. Some other examples might be if your car is vandalized or if it’s damaged by a natural event, like a tornado or a hurricane.
Why buy auto insurance through Ivan Hudson Agency?
At Ivan Hudson Agency, we believe that everyone should have auto insurance. We want to make it easy for you to get the coverage you need, and we offer a variety of policies to choose from. Because we’re an independent agency, we can compare rates from multiple insurance companies and find the policy that’s right for you.
We also offer a variety of discounts, including Multi-Policy Discounts, Good Driver Discounts, and Student Discounts. And we never charge any hidden fees – the price you see is the price you pay.
We have a team of experts who are ready to help you find the right policy and answer any questions you may have. So if you’re looking for auto insurance, contact us today!
