You have never read your entire auto insurance policy have you? An auto policy is a contract between you and an insurance company. The only time that reading an auto insurance policy is the least bit interesting, is just after you have had an accident or claim. If you find yourself in that unfortunate situation, you want to know that you have a personal agent and an auto policy that meets your needs.
The cheapest auto insurance company may be the best for you, but there are many . Work with Chellis Insurance Inc. in Utah and Vermont to determine the best coverage for you. Auto insurance requirements vary by state. Generally, you must carry
Liability coverage to cover losses you cause to others
No-fault coverage – pays you and your passengers for medical and related expenses caused by injuries from a car accident, regardless of who is at fault
We sell insurance for vehicles in Vermont, Utah, and Idaho,
and would be happy to prepare a quote for you.
Collision coverage pays for damage to your vehicle in an automobile accident. Collision coverage usually comes with a deductible. A deductible is the amount of money you pay before the insurance kicks in. For example, if you have a $250 deductible and the damage to your vehicle will cost $1500 to fix, you will pay $250 and the insurance company will pay $1250. The higher the deductible, the lower the premium. If you have a bank loan or lease you will be required to have collision coverage.
Comprehensive coverage can best be described as the insurance that covers your vehicle for things that happen to it when it is not moving. Examples of these risks are wind, hail, falling objects, vandalism, theft, and flood. Broken windows are also covered by comprehensive coverage. A bank will also insist on this coverage if you have a loan.