Auto Insurance
When you buy or lease a car, SUV, or truck it's important to protect your investment. Buying an auto insurance policy can offer reassurance in case you're involved in an accident, stolen, vandalized, or damaged by a natural disaster.
THE STICKING POINTS
- Auto insurance is designed to protect you against financial losses if you're involved in an accident or the vehicle is damaged in some way.
- Most states require you to have minimum amounts of liability insurance coverage. Some states also require uninsured or underinsured motorist coverage.
- Premiums are what you typically pay monthly, biannually, or yearly to maintain a car insurance policy.
- Deductibles are amounts you as the insured would pay when you file a claim.
- It's important to shop around for the best car insurance rates and to find the right coverage for you and your vehicle.
What Is Auto Insurance?
Auto insurance is effectively a contract between you and an insurance company in which you agree to pay premiums in exchange for protection against financial losses caused from an accident or other damage to the vehicle. Auto insurance can offer coverage for vehicle damages, property damage or bodily injuries, and medical bills and/or funeral expenses associated with injuries sustained in an accident.
Personal auto insurance only covers personal driving. It will not provide coverage if you use your vehicle for deliveries or any business related use, or for ride-sharing services like Uber or Lyft, unless you have supplemental coverage.
Always remember C. B. Insurance Solutions will shop around on your behalf to get you the best price available.