Aaron Insurance Agency of Lowell and Lawrence wants you to make the best choice in auto insurance coverage. We are here to explain the coverage types and want you to be confident you have purchased the right level of insurance for you and your family. Remember, “The most expensive thing you can buy is cheap insurance”.
When you’re shopping for auto insurance, you want to be adequately covered in case of a car accident. After all, you’re protecting your life and your investment, as well as the lives of those around you. So, here’s a quick primer that outlines the basics of auto coverage :
Liability coverage is the most important coverage and is required in most states. Basically, if you cause an accident, hurt someone or damage someone’s property, it can pay for covered damages and to defend you if a lawsuit results.
Collision coverage helps pay for damage to your vehicle if your car hits another car or object, is hit by another car, or your vehicle rolls over. This coverage is generally required if your car is financed or leased.
Comprehensive coverage helps pay for damage to your vehicle that is not caused by a collision. Examples include theft, vandalism, hitting a deer or other animal, storms and certain natural disasters.
Medical payments coverage helps pay for covered medical expenses for anyone injured while in your vehicle, regardless of who is at fault.
Uninsured/underinsured motorist coverage
Uninsured/underinsured motorist coverage can help pay for damages and medical costs resulting from an accident caused by someone who has no insurance or inadequate insurance coverage.
Personal injury protection (PIP)
Personal injury protection (PIP), also called no-fault insurance is available in certain states and pays medical expenses, and in some cases lost wages and other damages regardless of who is at fault in an accident.
Important Notes on Insurance
In addition to these basic coverages, you can choose from a host of optional coverage to create a customized auto policy that meets your individual needs. Take the time to ask us about optional coverage.