Automobile Insurance is one of the two crucial building blocks of a Personal Insurance Protection Package. If constructed correctly in conjunction with a great plan and a qualified counselor like Fraleigh and Rakow your coverage will be available and adequate at the time of loss.
Automobile insurance consists of several separate but important segments:
In the most simple terms
Liability – this is your protection against a lawsuit that is a result of a car accident you are involved in. It will pay your attorney fees as well as compensatory damages.
Property Damage – This is coverage for damage to the property of a third party.
Medical Payments – Minor injury coverage, used to avoid a lawsuit.
Personal Injury Protection – Covers you and your passengers medical bills immediately and is recoverable from an at fault party.
Uninsured & Underinsured Motorist – Coverage for you if you are in an accident with a 3rd party with no insurance or less coverage then you have.
Comprehensive – Coverage for Physical Damage to your vehicle from various causes such as fire, theft, vandalism, animals as well as coverage for the window glass.
Collision – Coverage for Physical Damage to your vehicle from contact with any inanimate object.
Towing – Coverage for the towing of you vehicle after a covered loss.
Rental – Coverage for a rental vehicle if you lose the use of your car from a covered loss.
Come in or call or email Fraleigh and Rakow for further education on the intricacies of your insurance plan and more importantly your needs.