It’s important to shop and compare before you make your final decision…
The key to saving on insurance is comparing rates, so make sure you get the most for your money. Also, it’s a good idea to shop around and compare plans till you find the one that best fits your needs. At LMS Insurance, our goal is to make buying a new policy easy and affordable. We help you compare auto insurance quotes from our diverse list of insurance providers.
Why you can rely on LMS…
- ● Get free quotes from leading insurance companies
- ● Compare numerous quotes side by side
- ● Select the policy that best fits your needs and budget
Auto insurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy.
Auto insurance provides property, liability, and medical coverage:
- ● Property coverage pays for damage to or theft of your car.
- ● Liability coverage pays for your legal responsibility to others for bodily injury or property damage.
- ● Medical coverage pays for the cost of treating injuries, rehabilitation, and sometimes loss of wages and even funeral expenses.
However, an auto insurance policy is comprised of six different kinds of coverage aside from the three most popular coverages mentioned above. In the United States, you, as the driver, are required by law to purchase at least the liability coverage, which is the minimum amount of auto insurance you can buy, yet some states may require you to buy more than one type of auto coverage. If you’re financing a car, your lender may also have other requirements for you to follow.
Most auto policies are for six months or a year. Your insurance company should notify you by mail when it’s time to renew the policy and to pay your premium.
It’s all about protecting yourself financially in case of an accident.
- ● If you’re in an accident or your car is stolen, it costs money, often a lot of money, to fix or replace it.
- ● If you or your car is responsible for damage or injury to others, you may be sued for much more than you’re able to afford.
- ● If you or any passengers are injured in an accident, medical costs can be extremely expensive.
- ● Not only is having insurance a prudent financial decision, many states require you to have at least some coverage or more.
You’re still covered! Whether you have a driver’s license or not, you should still have auto insurance for the security it offers. While a valid driver’s license is still required, LMS Insurance Agency will still issue a policy insuring your vehicle when any damages occur to you or anyone else involved in an accident.
Your insurance agent is an advocate for finding auto insurance that meets your specific needs. Here are a few things to consider as you prepare for the discussion:
- ● How much can you afford to pay if you get in an accident? (To keep premiums low, you may want to have a higher deductible and be willing to pay more for repairs.)
- ● What is the insurance company’s level of service and ability to pay claims?
- ● What discounts are available? (Ask about good driver, multiple policies, and student discounts.)
- ● What’s the procedure for filing and settling a claim? (Ask who to call and what happens after you file a claim.)
- ● Can I save on my insurance policy if I’m a safe driver? (For example, one of our insurance providers, Progressive, offers a discount for safe drivers who haven’t gotten any tickets or been involved in at-fault accidents within the last 3 years.)