Finding the right car insurance agency in Peoria AZ, Glendale, Surprise and Sun City is crucial to ensuring that you have the correct amount of coverage, at the best price. Understanding what is contained within your Auto Insurance policy will make it easier to ask the right questions and understand exactly what you need. Car insurance contracts can be very intimidating. They are full of legal jargon that you may or may not understand. Here is a brief tutorial to help you to better understand.
There are really only a few basic types of coverage. Liability insurance is designed to protect others from you, or your vehicle, when being driven by others. This is broken down into two components, which are Bodily injury and property damage liability. Minimum coverage in both of these categories are usually dictated by state law and can vary widely from state to state. This usually is not enough. This covers how much is paid per person and per accident, if the accident is deemed to be your fault. If the injured person’s expenses exceed your coverage, they can come after you and your assets. Property Damage Liability is the amount of insurance that is available to fix the vehicle or property of the other party.
Physical damage, comprehensive or collision coverage protects your vehicle and your property if damaged in a collision, or even damaged from anything other than an accident. This is usually required any time there is a lien on the vehicle, or if it is a fairly new vehicle, this is usually a good investment. You will also see uninsured motorist coverage, which as the name implies protects you from drivers that do not have insurance. Depending on the state that you are purchasing insurance in, you may also see personal injury protection insurance. This is not available in states that have no fault laws. A good Car Insurance Company Peoria, AZ, can help you to determine the limits of coverage that will best suit your needs. An assessment of your individual situation will result in the best savings.
