Auto & Transport Vessels Insurance
We will find you competitive coverage for:
Boats & Yachts Insurance
Auto Insurance policies consist of a multitude of various coverages. Each coverage safeguards the individual from several different kinds of losses. It is important to understand what each coverage entails when selecting the perfect combination for you. Here is a list of coverages that may be contained in an auto insurance policy. Keep in mind that the following list may not necessarily be found in your policy.
Bodily Injury (BI) Liability Coverage
Damages as a result of injury or death of others in a vehicle accident for which you or the operator of your vehicle are legally responsible is covered under this (up to the coverage limits). It also covers the cost of your legal defense. In most states it is mandatory to have this coverage.
Property Damage (PD) Liability Coverage
Covers the cost(s) incured in the event that another individual's vehicle or property that has been damaged in an auto accident for which you or the operator of your vehicle is legally responsible (up to the coverage amount). In most states this coverage is also mandatory.
Medical Payments Coverage
Covers hospital and funeral expenses for you and your passengers injured or killed in an accident. This applies to anyone, regardless of who is at fault. This coverage is optional in most states that do not have no-fault insurance systems.
Uninsured/Underinsured Motorists (UM/UIM) Coverage
Covers pain and suffering expenses which is not covered by medical, disability and PIP. Underinsured motorist coverage pays for bodily harm incurred by you or your family as a result of the negligence of someone whose liability insurance limits fall short. The definition outlining the make up of an underinsured motorist varies by state.
Covers damage sustained by your vehicle or a vehicle you are operating caused by a collision or rollover. Usually this form of coverage is required if you have a vehicle loan.
Comprehensive Physical Damage Coverage
Covers damage to your vehicle or any vehicle in your possession resulting from theft, fire, vandalism, flooding, hail or other perils (however, not damage resulting from collision or overturning is excluded). It is also usually required if you possess a vehicle loan.
Provides coverage, up to a expressed amount, for the expenses accrued from renting a vehicle while your vehicle is being repaired for damage covered under your policy.
Towing and Labor
Covers a portion of the costs acquired for the use of services rendered at the location of a breakdown or for towing to a repair shop. It covers the transportation of gas, oil or a battery as well (however, it does not cover the cost of these items. Tire changes and/or locking your keys within the car can also be covered.