Auto insurance can be overwhelming, and difficult to understand. The following simplifies it, and the decisions involved. If you have questions, contact Box Insurance Agency, we want to be your Fort Worth Insurance Company Auto.
How Auto Insurance Protects You
Car insurance provides financial protection when you are involved in an accident, or if something happens to you, your passengers, your car, other people, property, or cars you may damage. Most states require you to insure the vehicle you own with minimal liability insurance.
When an accident involving your car occurs, auto insurance prevents you from having to pay out of pocket for all of the expenses involved. Depending on the amount of coverage, you may pay a deductible or pay out of pocket if the damages are greater than your policy limits.
Most states have mandatory minimum liability coverage. However, you can choose how much coverage you want beyond the minimum amount.
Types of Insurance Coverage:
Collision insurance helps to cover the costs of repairing or replacing your car. Cars that are financed will be required to have collision. The maximum payment is the car’s actual cash value, minus the deductible. Comprehensive helps to pay for the cost of replacing or repairing your car when it is stolen, damaged due to fire, hail, falling objects, vandalism, or an event other than a collision. Payment is limited to the car’s cash value minus the deductible.
Medical Payments Coverage pays for medical and funeral bills resulting from accidents. Medical payments cover you, your family members, and passengers in your car. There is typically a medical limit.
Personal Injury Protection (PIP) is similar to medical payments coverage plus 80% of lost income, and the cost of a caregiver for an injured person. PIP covers you, your family members, and passengers in your car.
Uninsured/Underinsured Motorist Coverage pays your expenses caused by an uninsured motorist, an underinsured motorist, or a hit-and-run driver. It will also pay for personal property damaged in your car.
Liability insurance covers bodily injuries and property damage claims up to your policy limits in an accident that is primarily your fault.
Towing pays for the cost of towing when it can’t be driven. Labor coverage pays for roadside services such as jump-starting your battery or changing a flat tire.
Contact Box insurance agents at our Fort Worth Insurance Company Auto for additional information and a free quote.
Saving on the Cost of Insurance
Insurance companies offer a number of different discounts. In general, being a safe driver, and driving a safe vehicle will save you money with any Fort Worth Insurance Company Auto policy. The following are potential auto insurance discounts:
- Low Mileage Discount (reduces the premium if you drive less)
- Safe Driver Discount
- Completing Defensive Driver’s Courses
- Good Student Discount
- Multi-Car Discount
- Multiple Policy Discount may save you money when your homeowner’s and automotive insurance are through the same insurer
- Anti-Theft Device Discount
- Airbags and Automatic Seatbelts Discount
- Automatic Daytime Running Lights Discount
- Antilock Brakes Discount
- Paid-In Full Discount
- Driver’s Education Discount
- Student Away at School Discount
Other Ways to Save
Choosing a higher deductible will lower the cost of your premium. However, it will also increase the cost of the deductible in the event of a claim. To find out how much you can save, contact our Fort Worth Insurance Company Auto.
The State of Texas requires car owners to pay for the accidents they cause and requires the following minimums:
Bodily Injury to Others – $30,000 per person and $60,000 per accident
Damage to Someone Else’s Property – $25,000 per accident
Personal Injury Protection (PIP) covers you and your passengers regardless of whose fault it is. Talk to a Box Fort Worth Insurance Company Auto agent, who will assist you to determine the coverage you need, and other options you can consider.
Factors that Affect Premium Cost
The factors that will commonly affect your cost of a premium include:
- Your age, and your marital status
- Your driving record, claims history, and previous insured status
- Where you live
- Your car’s type and primary use
- Your credit score
Contact an agent with Box Insurance Agency for a free quote on your insurance needs. We serve Fort Worth, Grapevine, Dallas and the surrounding areas. Box is your source for reliable Fort Worth Insurance Company Auto policies.