Understanding what auto insurance coverages are available for you is an excellent way of ensuring that your vehicle is sufficiently insured. Commerce Insurance Agency provides this guide in navigating the common types of auto insurance coverages accessible to residents of Commerce, GA.
Common Types Of Auto Insurance Coverages
1. Liability Insurance
At least some minimal auto liability insurance is required by law in 48 states in the US. In Georgia, the minimal car insurance liability for bodily injury is $25,000 per individual and $50,000 per incident. On the other hand, the minimal property damage liability is $25,000 per accident. Bodily injury liability covers costs related to injury to other people, while property damage liability covers damage to other people’s property.
2. Collision Coverage
Collision coverage takes care of repairing or replacing your car after an accident. Although collision coverage is optional, at Commerce Insurance Agency, we recommend that you get it. This is because, depending on the accident’s severity, paying for your vehicle’s repair can be very costly. Additionally, if your car is totaled, purchasing another car out of pocket can be financially detrimental to you.
3. Comprehensive Coverage
Comprehensive coverage covers your automobile from damage as a result of theft, fire, vandalism, and hail. This auto coverage will repair or replace your car up to its actual cash value. Since cars depreciate over time, this means that the compensation you will get in the case of replacement will reflect the car’s depreciation.
4. Uninsured and Underinsured Motorist Coverage
Getting hit by an uninsured or underinsured driver is not unlikely as you might imagine. The outcome of such an event can be very unfortunate for you because the other driver might to be able to cater to your medical needs sufficiently. The underinsured and uninsured driver coverage will cover your medical bills after such an accident.
Contact Us Today
Are you looking for unbeatable auto insurance deals in Commerce, GA? Call Commerce Insurance Agency today.