What kind of coverage options do I have for auto insurance?

auto-insurance

Auto Insurance is a necessity in any country where you drive a car. The cost of auto insurance ranges from an affordable price to an absolute need. Farmers Auto Insurance can provide you with affordable insurance at a low rate. In the past, farmers and ranchers have been the ones to provide the insurance coverage for their livestock.

However, in the future, it’s an auto insurance company that will be providing the coverage for these same farmers and ranchers. This is one reason why insurance agents have started to focus on food security, because they realize that the more farms that are out of production, the more food there is in circulation, and the greater the amount of collisions and other accidents involving vehicles.

We at Farmers Insurance and our Agency see it as our job to help you understand the coverage options you have. Here are some general descriptions of the auto insurance coverages that are available to you. Feel free to contact us at any time if you’d like to review your coverage options!

What is liability coverage and property damage coverage? (Liability)

  • Liability is how much we would pay if you hurt someone or damage someone’s property (the most common example is if you hit and damage someone’s car).
  • The more coverage you have, the less likely you are to pay out of pocket to pay for the other party’s injuries or property damage.
  • This coverage is required by law to drive and also to register your car.

What is comprehensive coverage?

  • Comprehensive coverage corrects or replaces your vehicle up to the actual cash value of your car in the event of theft, fire, vandalism, falling objects, riot, storm, earthquake, flood, or collision with an animal, or other natural occurrences
  • There is a deductible usually $500 or $1,000. The higher your deductible, the lower your payments will be.
  • Making a full claim to fix or replace your vehicle does not increase your future rates
  • The law doesn’t require this coverage, but most finance companies will require you to carry it if your car is being financed.

What is Collision Coverage?

  • Collision coverage corrects or replaces your vehicle up to your car’s actual cash value in the event you damage your car by hitting another car or object.
  • There is a deductible usually $500 or $1,000. The higher your deductible, the lower your payments will be.
  • Making a collision claim would increase your future rates for 3 years if the accident was your fault
  • The law doesn’t require this coverage, but most finance companies will require you to carry it if your car is being financed.

What is Uninsured Motorist coverage?

  • Uninsured Motorist coverage pays for your injuries if someone without insurance hits and injures you and/or your passengers
  • Although this coverage is not mandatory for you, it is recommended if you want to protect yourself against an uninsured driver.

What is Uninsured Motorist coverage?

  • Uninsured motorist coverage pays for damage to your car up to $3,500 if someone without insurance hits your car and damages it
  • This coverage is only available if you have uninsured motorist coverage
  • Coverage is only available if you do not have comprehensive and collision coverage

What is the Deductible Elimination?

  • Deductible Elimination covers in case of an accident in which the other vehicle does not have coverage when your vehicle is damaged.
  • This coverage is only available if you have uninsured motorist coverage.
  • This coverage is only available if you have collision coverage.

What is Medical Coverage?

  • This coverage pays medical expenses up to the limit you select, for your injuries and those of your passenger due to a car accident.
  • If you don’t have health insurance, this coverage is worth considering

What are Crane and Labor Assistance?

  • Towing and labor coverage pays for towing and labor costs in the event your vehicle needs roadside assistance

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