When you are out on the road, driving a vehicle, you come in contact with a lot of entities: the passengers in your car, other drivers, the passengers in their cars, and more. This means that any point in time, an accident, vandalism, theft, or collision may occur, resulting in financial losses, medical bills due to injuries, or psychological trauma. When you buy a car, it’s always a good idea to invest in a car insurance policy. That way, in case an accident occurs, you would be insured against reimbursement claims for damages. This post will discuss why you should consider purchasing Erie Car Insurance in Henderson, KY from Best Insured.
What is Car Insurance?
A car insurance policy is a contract between an insurance company and the policyholder. The contract outlines the terms and conditions of the policy, as well as the responsibilities of both the insurance company and the policyholder.
The purpose of a car insurance policy is to provide financial protection for the policyholder in the event that their car is damaged or destroyed. Car insurance policies also provide liability coverage on the off chance the policyholder is held responsible for damages caused to another person or vehicle.
Auto insurance is mandatory in most states, which means that auto insurance policies are required for people to legally drive their vehicle. According to the Insurance Information Institute (III), 95% of drivers in the US have car insurance. The majority of states require drivers to carry liability insurance or else they won’t be able to register their vehicle with the state. Beware that while it is not always required by law, many lenders will require borrowers to carry full coverage car insurance on any financed vehicles before finalizing the loan.
The Types of Erie Car Insurance Coverage Policies You Can Get
We offer all popular types of car insurance policies, including:
- Liability Coverage
The purpose of liability coverage is to protect the policyholder if someone sustains injury or property damage due to an accident caused by the policyholder.
- Collision Coverage
The purpose of collision coverage is to protect the policyholder from any damage that occurs as a direct result of a collision with another vehicle or an object, such as a tree or signpost. Some examples would be running into a telephone pole, backing out of the garage and hitting an adjacent car, getting side swiped by another vehicle, etc.
- Comprehensive Coverage
The purpose of comprehensive insurance is to provide protection for the policyholder in the event that their car is stolen or vandalized or damaged as a result of something other than an accident (i.e., fire, flooding, hail, animal strikes). Comprehensive insurance will not cover this type of damage if it occurs while your car is parked on the street.
- Uninsured/Underinsured Motorist Coverage
The purpose of uninsured/underinsured motorist coverage is to protect the policyholder in the event that they are involved in an accident with an at-fault driver who doesn’t have any insurance, or has insufficient insurance to fully compensate for your financial losses. According to the III, 12% of drivers in the US are uninsured which puts policyholders at risk. To learn more about this type of coverage, contact your Erie Insurance agent today.
- Medical Payments Protection
Medical Payments Protection is a type of car insurance coverage that helps pay for the medical expenses of the policyholder and their passengers in the event that they are involved in an accident. This type of coverage is generally very affordable and can provide peace of mind in case an accident occurs.
- Personal Injury Protection
Personal Injury Protection (PIP) is a type of car insurance coverage that helps to pay for the medical expenses of the policyholder and their passengers in the event that they are involved in an accident, regardless of who is at fault. This type of coverage is generally very affordable and also helps you stay calm in case you get involved in an accident.
The Benefits of Erie Car Insurance Coverage
When it comes to finding the best car insurance policy, Erie car insurance in Henderson, KYis often a top choice. Erie offers comprehensive coverage options, exceptional customer service, and affordable rates. Let’s take a closer look at some of the benefits of Erie car insurance:
- Comprehensive Coverage: Erie offers comprehensive coverage that helps protect you and your vehicle in the event of an accident. This coverage includes collision damage, theft protection, and more.
- Exceptional Customer Service: Erie is known for its excellent customer service. If you have any questions or concerns, you can always count on Erie to help you out.
- Affordable Rates: Erie offers some of the most affordable rates in the industry. You can get a policy that fits within your budget and gives you the coverage you need.
Why Buy Erie Car Insurance from Best Insured?
Best Insured is an Erie Insurance affiliate. Both the insurance agencies sell Erie Car insurance in Henderson, KY.Working hand in hand, both the firms have now access to a greater client base. Erie Insurance was founded in 1925, so it has 97 years of experience. While Best Insured is an independent insurance agency, Erie sells its policies through the firm. This partnership is just as beneficial to clients as it has been to the firms. Best Insured is able to provide a simpler insurance process, increased protection, and a wide variety of insurance policy quotes to select the one that suits them best. The bottom line is, if you’re interested in Erie Car Insurance and would like to learn more about which Erie Car Insurance policy is right for you, contact Erie Insurance today. Erie Insurance offers Erie Car Insurance in Henderson KYto many drivers, so no matter where you live, Erie has an option for you!