Rethink Your Auto Insurance

When it comes to protecting you, your family and your cars, do you really want “cheap” coverage?

These days, it seems people are looking for “cheap” auto insurance, but that may not offer sufficient coverage. At Sterling Insurance Group we want customers to RETHINK insurance, because the right auto insurance can help protect you and your car by providing funds to repair or replace your automobile if it is damaged or destroyed by accident, fire, theft, or another covered event. Your automobile policy also provides protection against medical and legal expenses resulting from injury, loss of life, or property damage caused by an accident involving your vehicle.

Why do I Need Auto Insurance

An auto insurance policy is a contract between you and an insurance company. You pay a premium, and in exchange, the insurance company promises to pay for specific car-related financial losses during the term of the policy.

In some states, to drive you must carry:

  • Liability coverage to pay for losses you cause others.
  • No-fault coverage to pay you and your passengers for medical and related expenses caused by injuries from a car accident, regardless of fault.
  • Both coverages: Liability and No-fault.

Even in states where coverage isn’t required, drivers must, by law, be able to pay for losses they may cause others. Having insurance is the simplest way for most people to comply. Coverage for vehicle damage usually is necessary to finance a car.

Auto Comprehensive Coverage

Comprehensive is very similar to collision insurance, the main difference being that comprehensive covers damage caused to your vehicle caused by any unknown party or “act of God.” Vandalism, flood, hurricane, theft, windshield damage and fire are all events usually covered by comprehensive automobile insurance. Like collision automobile insurance, comprehensive coverage will pay up to the fair market value of your car (less your insurance deductible.) And although it’s not legally required by any state, you will probably need it if your car is financed.

Auto Collision Coverage

Collision insurance coverage pays for damage caused to your vehicle in an automobile accident, when you are “at fault.” A standard collision automobile insurance policy will pay for any repairs up to the fair market value of your car. Collision coverage typically requires an insurance deductible, which is the amount of money the policy holder pays toward repairs before your collision insurance kicks in. The higher the deductible you’re willing to pay, the less the collision policy will cost.