F.A.Q.s

Here are some frequently asked questions

• Do all auto insurance companies offer the same coverages and discounts?

Definitely not. While many of the basic types of coverage — Liability, Collision, Comprehensive, Personal Injury Protection, Medical Payments, Uninsured Motorist, etc. — are offered by major companies, discounts and specialized coverages can vary greatly between companies. For instance, not all companies offer Loan/Lease Payoff coverage, student discounts, good driving discounts, deductible reductions, etc.

• Are auto insurance companies regulated?

Yes. Each state requires auto insurance companies to file how they calculate customer rates, and insurers cannot deviate from these filed rates. Each state also has regulators who review that information and the rates companies charge.

• How much insurance coverage do I need?

Your individual needs and situation should dictate how much insurance you need. When you’re trying to determine how much insurance to buy, here are a few factors to think about:

How much can you afford to pay out of pocket? Choose a deductible that you know you can pay out of pocket. Also, if you choose lower limits, you might be personally responsible for damages that exceed those limits. Consider whether you can afford this possibility, too.

Do you make payments on your car? If you do, you may be required to have Comprehensive and Collision in addition to Liability coverage.

What type of vehicle do you drive? For example it mat be wise to have higher limits for vehicles, such as large SUVs, that can cause more damage.

• Remember, you can always contact us if you have any questions about coverage.