Auto insurance is a necessity if you own or operate a vehicle. The minimum required by most states is liability insurance, but you may also want collision and comprehensive coverage, especially if your car is newer or worth a lot of money. Your auto insurance policy is a contract between you and the insurance company. … Read more
Most insurance experts recommend that individuals carry at least $100,000 in personal liability insurance. This coverage would protect you if you were sued for damages caused by your negligence. It would also cover you if you were sued for defamation of character or libel. 1. How much personal liability insurance do I need? Personal liability … Read more
If you’re injured in a car accident, personal injury protection (PIP) auto insurance pays for your medical expenses and, in some cases, lost wages and other damages. PIP is required in some states and optional in others. Even if it’s not required, PIP can be a good idea because it covers you, regardless of who … Read more
A declarations page is one of the most important documents in your auto insurance policy. It is a summary of what is covered under your policy. The declarations page includes your personal information, the make and model of your vehicle, your coverage limits, your deductibles, and your payment information. If you have an accident or … Read more
When it comes to auto insurance, switching providers is not always a bad thing. In fact, there are several reasons why you might want to switch providers. Here are a few things to keep in mind when considering a switch: 1. Your rates have increased. If your rates have been steadily increasing, it may be … Read more
When it comes to car insurance, some states have what’s called no-fault insurance. This type of insurance means that your own insurance company will pay for your damages and injuries, regardless of who was at fault in the accident. In a no-fault state, you can’t sue the other driver for damages, even if they caused … Read more
Auto insurance claims can take a few days to a few weeks. The time it takes to settle a claim depends on the severity of the accident, the insurance company’s claims process, and the policyholder’s compliance with the company’s requirements. Auto insurance companies are usually pretty quick to process claims. In most cases, you can … Read more
If you’re shopping for commercial auto insurance, you may be wondering how much it will cost. There are a number of factors that go into determining the cost of commercial auto insurance, including the type of business you have, the vehicles you’re insuring, and the coverage you need. Here’s a look at some of the … Read more
Auto liability insurance is one of the most common types of car insurance. It covers damage that you may cause to other people or property while operating a vehicle. What Does Auto Liability Insurance Cover? Auto liability insurance is one of the most important types of car insurance, since it’s required by law in most … Read more
Since Michigan is a no-fault state, its auto insurance laws are a bit different than other states. If you’re considering buying auto insurance in Michigan, here’s what you need to know. Michigan is a no-fault state, which means that each driver is responsible for their own medical expenses and damages regardless of who is at … Read more