Auto Insurance – The Basics

What is Auto Insurance?

Auto insurance helps you to protect you and your family against financial loss in the event of an accident or other cause of loss. It covers the injuries and damages caused by an accident and for which you are legally responsible. It may also cover the costs of repairing or replacing your vehicle if it is damaged or stolen.

 

What if I don’t have car insurance?

In most states, you’re required to carry a minimum amount of liability insurance (or post a bond) and also provide proof of insurance before you can license your vehicle or renew your driver’s license. If you are caught driving without car insurance, you may have to pay a large fine, have your driver’s license suspended, and/or have your car impounded.  In the state of Washington the minimum coverage is $25,000 per person for bodily injury $50,000 per occurence and $10,000 in property damage.  For more information the bodily injury and property damage coverage please review our blog post on this subject or you can click here.

 

How much Auto insurance coverage should I purchase?

That is an excellent question! The required minimum coverage may not be enough to pay for all the damages that result from an accident, and the legally responsible driver will have to pay the additional expenses out of pocket which if you have ever been in an accident or visited the hospital you know that these costs can add up quickly.  To acurately determine how much you should purchase really requires a conversation with an agent to assess your risks, the assets you want to protect and how much risk you are comfortable with for potential out of pocket expenses.

 

How can I keep my auto premiums down?

Generally, the longer you drive without major citations or accidents, the lower your premium will be. You may also qualify for discounts based on safety features on your vehicle.   Also, if you insure additional cars or your home with our agency you can save on all your premiums. For further information, feel free to contact us for more information at 888-568-HUNT (4868)