Insurance Terms 101
Deciding on the right auto insurance policy can be much easier said than done, especially when it comes time to understanding the various auto insurance terms. Keep this simple guide in mind to help make sure that you choose the best auto insurance policy for your specific needs.
- Comprehensive – sometimes called “other than collision coverage,” comprehensive coverage will provide protection for damage that is done to your vehicle in an incident other than a crash, such as theft or fire. While comprehensive coverage is not a required coverage, it can help to save you hundreds or thousands of dollars.
- Property damage liability insurance – if you hit another car or any other piece of property, such as a mailbox, your property damage liability insurance will cover the cost of the damages. Keep in mind that property damage liability will not provide any protection for damage that is done to your car during the accident.
- Bodily injury liability insurance – this coverage option is required by law, and will provide coverage for any injuries that you cause to another driver during an accident. It is important to remember that bodily injury liability protection will not cover your medical bills if you are injured.
- Deductibles – your deductible is the amount that you will have to pay out of your own pocket before your auto insurance coverage will kick in, so make sure that you choose a deductible that you will be able to afford.
For all of your auto insurance needs, contact the insurance professionals at Dean Davis Insurance in Austin, Texas. As an independent insurance agency, we will work with you to ensure that you have the right amount of coverage for your needs, all at the right price to fit your budget.