Auto Insurance

Auto Insurance

Dickinson Insurance

Dickinson Insurance Agency

When you take out an automobile insurance policy, you pay premiums either monthly, bi-monthly, quarterly or annually. In exchange for the premiums, you’re covered for certain limits of insurance. You’ll typically have a deductible, which is the amount you have to pay before the insurance company pays. For instance, if you have a $250 deductible and have repairs costing $2,000, the insurance company will pay the $1,750 after you pay the $250.

Different Types of Coverages in Existence

  • Automoble insurance policies offer the following types of coverage.
  • Collision – This provides coverage if your car hits another car or piece of property. It pays to have your car repaired.
  • Comprehensive – This provides coverage against hazards that are not other cars, such as deer, birds, storm or hail damage, etc.
  • Bodily injury liability – This pays for lost wages or medical bills to passengers involved in an accident where you’re at fault.
  • Property damage liability – This pays for damages to anything you hit with your car, such as another car or a building.
  • Uninsured and underinsured motorists – This pays for damages to your or passengers caused by another driver who has no insurance or is under insured.

Major Benefits

Besides being a law, auto/vehicle insurance provides many benefits, including paying for repairs to your car, help with medical bills and protection against lawsuits when you’re involved in an at-fault auto accident