In exchange for your paying a premium the insurance company agrees to pay your losses as outlined in your policy.
Understanding personal auto insurance. Choose The Personals multi car insurance and take advantage of customized coverage innovative programs like Ajusto and lots of special group insurance benefits. Welcome to Personal Lines 101. Understanding Personal Auto Insurance book.
The required minimums vary but if you own a vehicle this is an unavoidable expense. The main purpose of your personal auto insurance is to transfer some of the risks of driving from yourself to your insurance company. Understanding Personal Auto Insurance.
This will pay for the medical treatment of the policyholder and any passengers in the vehicle that were injured during an auto accident regardless of fault. Today we are explaining Personal Auto InsuranceThis policy offers coverage for liability medical payments damage to the ve. Car insurance is financial protection in case you get into a car accident and damage someone elses vehicle or cause them injury.
Remember the personal accident cover in car insurance is designed to offer financial protection to you and your loved ones in case of an injury disability or death due to an accident. Comprehensive coverage pays to repair your vehicle subject to a separate deductible. Your auto insurance policy is a contract between you and the insurance company.
Medical Payments or Personal Injury Protection PIP. By transferring that risk you save yourself from the heavy financial burden that can come after an accident. How Does Insurance Work.
Several auto insurance factors come into play that may cause your costs to fluctuate. Exclusive group rates and additional savings One of the benefits of being part of a group that has an agreement with us. Every state mandates that an automobile be covered by insurance.