Car Insurance Limits & Deductibles

You set your Auto Insurance Limits & Deductibles when deciding your coverage.

A Coverage Limit determines the most an auto insurance company will pay for a covered loss under a particular coverage. Some limits apply to each person, and others apply to each occurrence. Keep the different limits in mind as you make your coverage choices.

The Deductible is the amount of the loss you’ve agreed to pay out of your own pocket before an auto insurance company will pay for a covered loss.

Things to consider:

• The higher you set your coverage limit…the higher your car insurance rates, but the greater amount of protection you have.
• The higher you set your deductible…the lower your car insurance rates, but the more you’ll have to pay out of your own pocket.

Other Coverages:

• Liability Coverage - typically helps protect you for damages to others if you’re at fault in a covered accident.
• Medical Payments Coverage - typically helps provide payment for your reasonable and necessary medical treatment for bodily injury caused by a covered accident.
• Underinsured/Uninsured Motorist Coverage - typically helps protect you for covered damage caused by drivers who don’t have auto insurance or don’t carry enough auto insurance.
• Collision Coverage - typically helps pay to repair or replace your insured car after a covered accident.
• Comprehensive Coverage - typically helps pay for covered damages to your insured car resulting from a peril other than a collision, such as theft, windstorm or flood, to name a few.
• Personal Injury Protection - Typically covers certain reasonable and necessary expenses.
• Additional coverage options - Optional coverages such as Towing and Labor Costs and Tape/CD Coverage can help tailor your coverage to help fit your particular needs.