Auto Insurance Services

What is Auto Insurance?

In case of an accident, auto insurance can protect you from a major financial loss. Under the terms of this contract between you and the insurance company, the company agrees to pay your losses as defined in the insurance policy as long as you agree to pay the premium.

Auto insurances provide property, liability, and medical coverage. Under the property coverage policy, the insurance company pays for damage caused by the accident or the theft of your car.

The company’s liability coverage pays for your legal responsibility to others for property damage or bodily injury. Finally, under medical coverage, the company pays for the cost of treating injuries.

There are six different kinds of auto insurance coverage. Most states require you to purchase some, but not all of them. However, if you're financing a car, your lender might also request separate requirements. 

Most policies cover you for a period of 6 months or a year. Towards the end of the term, the insurance company will notify you by mail to renew the policy by paying your premium. 

Why Do You Need an Auto Insurance?

The crucial reason is to protect you financially. If you’re involved in an accident or your car is stolen, it will cost you a lot. And, if you or any passenger is injured, the medical costs can be extremely expensive.

You can even be sued for much more than you're worth if you’re responsible for the damage or injury to others. Thus having insurance can be a farsighted financial decision. Many states even require you to have at least some coverage.

Questions You Need to Ask Your Insurance Agent

Your agent acts as an advocate to help you find the right auto insurance based on your needs. Here are a few things to consider and discuss with your agent before you purchase your auto insurance.

• How much can you afford to pay if you get involved in an accident? (If you intend to keep your premiums low, you will have to pay more for repairs)
  
• What discounts are available? (Ask about multiple policies, good driver, and student discounts)
  
• What's the procedure for filing and settling a claim? (Ensure you ask whom to call and what happens after you file a claim)

Contact Noble Insurance Service to learn more about the various auto insurance options available. We have over 36 years of experience in the industry. Same-day appointments and various payment options available.