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Automobile Insurance Guide

AutomobileInsuranceGuidePage 1 Simply stated, Automobile Insurance is a contract between you andyour Insurance company that protects you against financial loss ifyou are in an accident. Auto policies contain a variety of coveragesthat can be purchased depending upon your needs and wants. Youagree to pay the premium, and in return, the Insurance companyagrees to pay for certain expenses as defined in your policy. Havingthe right Insurance coverage may prevent you from suffering a largefinancial loss in the event of an Automobile Automobile Insurance mandatory?Page 2Pa s required coveragesPage 3Pa s optional coveragesPage 3 How rates are determinedPage 5 When you re ready to apply for coveragePage 5 Things to keep in mindPage 6 Teen driversPage 7 Mature driversPage 7 Options for those without insurancePage 7 The following supplements are also available to you free of chargeand can be downloaded from our Web site:Auto Insurance Gl

receive a car loan. Under Pennsylvania law, the insurance company applies a $500 deductible unless you request a lower amount. Generally speaking, the higher your deductible, the lower your premium. Comprehensive — Generally, this pays for theft or damage to your car from hazards including fire, flood, vandalism or striking an animal. Most

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