Choosing the right auto insurance from Express Financial & Insurance Services is a great way of protecting yourself financially in the event of an accident. It can be overwhelming to choose between various types of auto insurance policies and their coverages. Here are the different types of auto insurance policies along with quick tips on how to choose the right policy depending on your budget and lifestyle.
If you are involved in a car crash in Santa Monica, CA, and it is determined that you’re at fault, the liability insurance will come in handy. It covers for damages to other peoples’ properties and any medical bills or expenses resulting from the accident’s injuries. It is always advisable to consider a coverage amount that is above your state’s minimum requirement.
It pays for repairs to your covered vehicle. In addition, the collision coverage can also pay for the value of your car if the car is totaled. You should carry a collision coverage depending on the value of your older car if that applies to your car insurance needs.
The coverage option can be very helpful when your car is involved in a non-accident related event such as weather damage. If it fits your budget and lifestyle, it is highly recommended that you consider including comprehensive coverage to your car insurance. In fact, the coverage can be even more affordable if you have anti-theft or tracking devices installed in your car.
Personal Injury Protection
The insurance helps you cover accident costs, which can actually add up so quickly after an accident. No matter who was at fault, at the time of the automobile accident, the personal injury protection will help you avoid financial dents. It can pay for your medical bills and those of your passengers.
Uninsured /Underinsured Motorist Protection
Although it is illegal to drive without enough car insurance in Santa Monica, CA, it is possible to come across drivers who are either uninsured or underinsured. Sometimes, if a driver follows the state’s minimum requirement coverage restriction in purchasing the least amount of coverage, it might not be sufficient to cover for all expenses resulting from an accident. You may not get enough compensation to cover for your damages if the total losses exceed the other driver’s coverage amount. Hence, it is prudent to consider this coverage option for such situations.
Be sure to refer to the terms of your auto insurance for the exact details on coverage options and exclusions. If you are looking for the right auto insurance policy that suits your budget, contact Express Financial & Insurance Services today. Our auto insurance agents will guide you in choosing a policy that suits your budget.