Buying auto insurance does not have to be complicated. Our agents carefully review your insurance needs to make sure you’re getting the protection you deserve. Below are terms that you may find on your auto policy but might not have known what they really meant. At Chambers Bay Insurance, we want you to feel confident that you have what you need when driving down the road.
COMPREHENSIVE COVERAGE: Covers damage that results from something other than a collision, such as; rock chips, damage by a break in, or a car that is dented by a run-in with a deer.
COLLISION COVERAGE: Coverage provided for damage sustained to your vehicle that was your fault as a result of colliding with another vehicle or fixed object.
PROPERTY DAMAGE: Insures the property of other people that your car damaged in an accident.
BODILY INJURY (When you’re liable to other people)
PIP (PERSONAL INJURY PROTECTION)
UNDER/UNINSURED MOTORIST: Provides coverage in the event you are hit by a car that did not have insurance, or was underinsured. Your insurance will pay for property damage and injuries.
UMBRELLA AND HOW IT COVERS YOU IN AUTO SITUATIONS
Ex: You are driving in a car and hit a pedestrian causing serious injuries and $750,000 in personal damages. You have 250/500 coverage and a $1 million umbrella policy. Your auto insurance will pay $250,000 and your umbrella policy will cover the remaining $500,000. If you did not have umbrella coverage, YOU would be responsible to pay the $500,000.
DEDUCTIBLE: Amount you pay to your insurance company for a portion of the claim you make. If you are not at fault, deductible does not apply.
CLAIM: Submitting to your insurance company damages you would like them to pay. Submitting claims can make your insurance cost go up over time, so talk with your insurance agent first before deciding to make a claim.
This is a general overview and is not to replace your particular state laws and regulations.