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Freedom Insurance Group
3861 Long Prairie Rd Ste 110 Flower Mound, TX 75028
Office: 800.253.1482
Fax: 888.831.4941

What is Car Insurance?
Auto insurance coverage is an agreement between you as well as your insurer that can cover your cars and truck, damages you create if you hit another person, and other occasions. When you get auto insurance coverage, you're acquiring "protections," which are essentially points your insurance provider agrees to pay for.

Essentially: It resembles paying a little bit now to avoid potentially paying a great deal later on.

Just how does auto insurance coverage job?
When you buy insurance coverage, your insurance provider or representative will ask some quite fundamental inquiries regarding you and also your vehicle, and afterwards you'll have some alternatives when choosing insurance coverages. All of these aspects effect your cost. Normally, even more insurance coverage indicates a greater rate. Then if you have problems or something happens, you can submit a "case" with your insurance firm-- that's simply an insurance term for asking the company to spend for something. If it's covered, your insurance company will certainly after that pay for the damages or losses as much as certain restrictions.

Normally, more protection implies a higher price.

Do I need auto insurance?
Cars and truck insurance policy is required in all states, other than New Hampshire (New Hampshire still requires economic duty if you create a crash, so you'll still wish to be effectively guaranteed). If you drive without insurance coverage, you can get a penalty, have your permit withdrawed, or perhaps go to prison. Don't panic! If you purchase with Progressive, we won't ever before market a plan that doesn't fulfill your state's demands. And of course, most various other insurance firms will do the same.

What's covered
Standard insurance coverages
These are the insurance coverages used in most states, yet insurance coverages can differ. Remember, insurance coverage does not cover maintenance or general damage.

Damages/injuries you trigger
Obligation insurance: In many states, this is the only required insurance coverage. If you're in a crash and are accountable (likewise called responsible), obligation pays for:

Damages to other automobiles
Damages to things (mail box, phone post, residence, and so on).
Other chauffeurs' as well as their guests' injuries.
Lawsuits if someone sues you because of a mishap.

Damages to your cars and truck from acts of nature.
Comprehensive: Covers those random occasions that are beyond your control:.

Theft.
Windscreen and glass damages.
Vandalism, troubles, surges, as well as fire.
Falling trees/branches and various other things.
Rocks or other objects kicked up by autos.
Storms, floods, wind, hail, earthquakes, as well as lightning.
Accidents with animals (hitting a deer).
Problems to your vehicle from accidents.
Crash: Covers crashes with various other cars as well as items regardless of that's at fault. Collision also covers you if you reverse your auto.

Damages to your car from uninsured motorists.
Uninsured/underinsured driver residential or commercial property damage: Concerning 13% of vehicle drivers are uninsured countrywide, according to the National Association of Insurance Coverage Commissioners. If a motorist without insurance coverage (or one without sufficient insurance coverage) strikes your automobile this protection kicks in.

Your injuries.
Medical settlements or accident security (PIP): These are similar coverages. Clinical settlements protection is provided in many states, while PIP is available just in the states that require it to be provided. Basically at any time a cars and truck triggers injuries, these protections will both pay for:.

Clinical costs if you or your travelers are harmed in a vehicle mishap (no matter who is at fault).
Medical costs if you or your member of the family are harmed when riding in someone else's vehicle or walking/riding a bike.
PIP, which differs by state, is a little bit broader as well as might cover other losses such as funeral expenses, lost earnings, and rehab prices.

Your injuries from without insurance drivers.
Uninsured/underinsured vehicle driver bodily injury: Comparable to its cousin protection (uninsured/underinsured motorist residential or commercial property damage) however instead pays for injuries and also lost incomes.

Your out-of-pocket expenses.
Insurance deductible: It's a common misconception that if you have automobile insurance policy, you do not ever have to spend for anything. Unfortunately, no insurance company can assure that. All insurance providers have deductibles for a couple of insurance coverages. Your insurance deductible is simply the amount you have to pay for repair services or cases (your out-of-pocket costs).

For instance, you have a $200 insurance deductible, struck an utility pole, and your car repair work set you back $2,000. You would certainly pay $200, as well as your insurance company would certainly pay the remainder. You can select your insurance deductible quantity.

The greater your deductible, the more of the repair or claim expense you'll need to take on. That implies your out-of-pocket prices will certainly be greater, yet you'll have a reduced general rate as well as vice versa.

Extra coverages.
These are the extra coverages that are inexpensive to include:.

Rental cars and truck charges.
Rental cars and truck compensation: Pays rental automobile fees while your car is being fixed. This is very important since obtaining a rental cars and truck can be costly, as the average repair at Progressive takes 13 days and also the expense (across the rental sector) can increase to $120 a day, according to USA Today.


Your financing if you total your vehicle.
Gap protection: Also called loan/lease reward and also assists repay your vehicle loan if you total your cars and truck. It pays off the "void" between what your cars and truck is worth and also how much is left Additional reading on your finance.

Lockouts, towing, jump begins, etc
. Roadside aid: So you're never stranded on the side of the roadway. At Progressive, we'll spend for:.

Towing to the nearest repair service facility (we'll tow you to the mechanic of your selection if it's within 15 miles).
Pulling your stuck automobile out of mud, snow, water, or sand (called winching).
Battery jump-start.
Gas delivery (you only pay the expense of gas).
Lockouts.
Flat tire modifications.
Exactly how car insurance coverage is valued.
Insurance companies take into consideration a bunch of different aspects, yet they're really trying to respond to two crucial inquiries: Just how likely are you to be in an accident as well as just how much will it set you back? Below are a few of the specifics insurance companies take into consideration:.

Safe vehicle driver: No (or couple of) accidents means you're less likely to have one in the future.

No speeding tickets: The slower you go, the less most likely you are to have a crash.

Your car's value: A less costly car expenses less to fix.

Age: More experience behind the wheel indicates you're less most likely to have a crash. Your price will normally decrease as you age, though some insurance providers may start to raise prices for older drivers once they get to a specific age, such as 70.