What Is Auto Insurance and What Does It Cover?
Auto insurance is a contract between a vehicle owner and an insurance company that provides financial protection in case of accidents, theft, or other damages. Griggs Ficklen Insurance offers auto insurance in Greensboro, GA, Athens, GA, Watkinsville, Loganville, Monroe, GA, Commerce, GA, and surrounding areas.
The policyholder pays a premium, and in return, the insurance company covers specific losses as outlined in the policy.
Types of Coverage in Auto Insurance:
Liability Coverage
Bodily Injury Liability (BIL): Covers medical expenses, lost wages, and legal costs if you injure someone in an accident.
Property Damage Liability (PDL): Pays for damage to another person’s vehicle or property (e.g., fences, buildings).
Collision Coverage
Covers damage to your own vehicle caused by a collision with another car or object, regardless of fault.
Comprehensive Coverage
Protects against non-collision incidents such as theft, vandalism, natural disasters, and animal-related damage.
Personal Injury Protection (PIP) / Medical Payments Coverage
Pays for medical expenses, lost income, and sometimes funeral costs for you and your passengers, regardless of fault.
Uninsured/Underinsured Motorist Coverage
Protects you if you’re involved in an accident caused by a driver who has little or no insurance.
Gap Insurance
Covers the difference between the car’s value and the remaining loan amount if your vehicle is totaled.
Auto insurance is essential for financial security, legal compliance, and peace of mind. Coverage requirements vary by state and individual needs, so selecting the right policy ensures adequate protection. Please contact us with any questions you might have, and we will be happy to help.