Here at Toney Insurance Services, serving the greater Snellville, GA area, we understand that shopping for auto insurance can be challenging simply because people do not fully understand the terms being used.
Here are a few common auto insurance terms you should familiarize yourself with:
Collision Coverage
Collision coverage is an auto insurance policy feature that provides coverage for damage to your vehicle in the event of a collision with another vehicle or object, regardless of fault. This coverage helps pay for repairs or replacement of your vehicle.
Comprehensive Coverage
Comprehensive coverage is an insurance policy feature that protects against damage to your vehicle that is not caused by a collision. This can include theft, vandalism, fire, natural disasters, or hitting an animal. It is optional coverage and often has a deductible.
Liability Coverage
Liability coverage is a type of auto insurance that covers the cost of damage or injury you may cause to others in an accident. It includes both bodily injury liability, or the covering of medical expenses, lost wages, and legal fees, and property damage liability, or the covering of repairs or replacement of damaged property.
Uninsured or Underinsured Motorist Coverage
This coverage protects you if you are involved in an accident with a driver who doesn’t have insurance or whose insurance is insufficient to cover the damages. It can help pay for medical expenses and vehicle repairs.
Reach Out To Us
These are just a few common auto insurance terms that are important to understand when shopping for or reviewing your auto policy. Familiarizing yourself with these terms can help you make informed decisions about your coverage and ensure you have the appropriate protection on the road. If you are looking for a new policy, Toney Insurance Services, serving the greater Snellville, GA area, would love to help you. Contact us to get started.
