Georgetown TX Car Insurance

Choosing auto insurance policy coverage can be confusing because there are so many different options available. This drives many consumers to simply choose the minimum coverage required by their state in order to satisfy the law rather than their need for financial security.

But the states have very low requirements when it comes to auto insurance and leaving your family’s future in their hands is a dangerous proposition. Instead, take a look at the basics of auto insurance below.

What is auto insurance?
Auto insurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy.

Auto 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.

An auto insurance policy is comprised of six different kinds of coverage. Most states require you to buy some, but not all, of these. If you’re financing a car, your lender may also have requirements.

Most auto policies are for six months or a year. Your insurance company should notify you by mail when it’s time to renew the policy and to pay your premium.

Now is the best time to get your auto insurance information to us. Regardless of the renewal date of your current policy, we always recommend you submit your information to us and allow us to comparatively quote your auto insurance. Better price is just a click away!

Posted 5:42 pm