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Understanding Your Auto Insurance Policy

Auto Insurance Irving TXAuto Insurance Coverage Options Explained

While you may hold auto insurance, do you understand your coverage and when it comes into play? Failure to understand your auto insurance coverage can leave you confused and without coverage when you need it most. We hope you are never involved in accident, but knowing which coverage options kick in at what point of an accident can provide you with peace of mind should the unforeseen occur. Allow the below car accident scenario to provide you with vital information:

  • Bodily Injury Liability Coverage – If you were determined to be at fault for an auto collision, your bodily injury liability coverage would kick in to provide other involved cars and individuals with coverage for medical related expenses.
  • Medical Payments Coverage – If you were injured after an accident you caused, your medical payments coverage would provide you with coverage for your post-accident medical care.
  • Property Damage Liability Coverage – The lamppost that you damaged in the process of colliding with another vehicle will be covered under your property damage liability coverage.
  • Collision Coverage – Since you are responsible for repairing your own car after you cause an accident, collision coverage is essential. This coverage necessity kicks in to cover the costs of repairing your car, minus your deductible.
  • Rental Car Coverage – If car damages require that your ride remain in the shop for an extended period of time as it is restored, you will be glad you opted for rental car coverage. This extra coverage option will provide you with a ride while yours are in the shop.

Contact Global Financial & Insurance Services in Irving for all of your Texas auto insurance needs. Please do not hesitate to give us a call if you do not fully understand your auto insurance policy. We will provide you with all the necessary information and knowledge to be confident in your protection.