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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 Insur

you decide to buy a policy on an installment plan, find out the applicable service fees. If you use a premium finance company to pay for your insurance, the monthly payments may be easier; but the total of payments will be larger. Finance agreements are separate contracts that often include a limited power of attorney that gives the finance ...

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