Auto Insurance

At Noto Insurance Advisors, we have great rates on Auto Insurance policies.

Auto Insurance Is Not Only Mandatory, It’s Convenient

Auto insurance is an insurance policy designed to reduce the risk of losses in the case of an automobile accident. The policyholder pays a premium for their Automobile insurance to their contracted insurance company. In return, the insurance company agrees to pay for any covered damages that are specified in the policy. Automobile insurance policies include a deductible, which is the amount of money the policyholder is responsible for paying in case of an accident. The actual deductible amount varies based upon the individual insurance contract. The major benefit of automobile insurance is that is protects the policyholder from major financial losses in the event of an accident.

Auto insurance is applicable to any individual who is driving a vehicle. Most states require that vehicle owners carry a minimum level of Liability insurance to legally drive in that state. Automobile insurance works in several ways, depending upon the nature of the incident. If the policyholder is responsible for causing damage to other vehicles in an accident, the Automobile insurance normally covers the other party’s repair costs, as well as the legal fees and medical coverage. Automobile insurance policies also cover the costs of the insured’s car if it is vandalized or stolen. However, since the specific details of each Automobile insurance policy are different, we encourage every individual to discuss their policy with an agent.

There are various types of Automobile insurance coverage in existence, including bodily injury liability, property damage liability, collision and comprehensive. Each type of coverage is often priced independently in the policy. Bodily injury liability pays for everything from medical bills to funeral expenses for those injured in an accident, while property damage liability covers repairs to other vehicles as well as additional property that was damaged in an accident. Collision coverage pays for damage to the insured’s car as the result of an accident with another vehicle, regardless of fault. Finally, comprehensive coverage protects the policyholder from any losses that result from hazards not related to a collision, such as damage from storms and falling objects.