Auto Insurance

Part of being a responsible car owner or driver is obtaining auto insurance. Auto insurance can help protect you financially after an auto-related incident. Auto insurance can help you avoid paying for costly incidents out of pocket, and the right policy may help you comply with applicable state auto insurance requirements. 

What Is Auto Insurance? 
Auto insurance is a contract between a policyholder and an insurance company. The policyholder pays a premium in exchange for the insurance company’s agreement to pay losses as defined in the policy. Auto insurance may provide property, liability and medical payments coverage in relation to auto-related incidents. Auto insurance is required by law in several states. 

What Does Auto Insurance Cover? 
An auto insurance policy may offer several different kinds of coverage, such as the following: 

• Bodily injury liability coverage applies to injuries the covered driver causes to someone else in an auto accident.
• Medical payments coverage helps pay for treating injuries to the insured driver and passengers after an accident, regardless of fault. 
• Property damage liability helps pay for damage caused to someone else’s property in a wreck.
• Collision coverage helps pay for damage to the covered driver’s car resulting from a collision with another car or object.
• Comprehensive coverage helps reimburse losses due to a covered event that isn’t a collision. This could include fire, falling objects, explosions, earthquakes, windstorms, hail, flood, vandalism and damage from wildlife.
• Uninsured and underinsured motorist coverage helps cover expenses related to injuries and property damage when hit by an uninsured, underinsured or hit-and-run driver. 

How Does Auto Insurance Work? 
Auto insurance is a contract between you (the policyholder) and an insurance company. By paying a premium (e.g., annually or monthly), your insurance provider agrees to help pay for losses outlined in your policy.  

Is Auto Insurance Coverage Mandatory? 
Many states mandate auto insurance. In California, you must carry evidence of financial responsibility, and a way to do this is to secure liability insurance that meets the state’s requirements. However, it is advisable to carry more than the mandated minimum to help ensure you have adequate coverage. Choosing higher liability limits and adding additional coverages to your policy can provide more robust financial protection after covered incidents. While state laws may dictate the minimum legal requirements, an auto insurance professional can recommend what coverage and limits you should have for complete coverage. 

Auto Insurance Quote in Walnut Creek, CA 
If you want a quote for auto insurance, contact G. Carbajal Insurance Agency. We can help you get the coverage you need.