Use this information to make sense of your car insurance quote.
If you are searching for the right auto insurance, then you have likely received quotes from various different insurers. However, you might be struggling to understand everything included in your quote. If this is true for you, then here’s what you need to know about your auto insurance quote.
The Dec Page
The first page of your quote is known as the declarations or “dec” page. This page includes personal information, such as the car you want to insure, your additional insured driver, discounts, deductibles, and so on. At the top of this page, you will see a series of three numbers like “50/150/35.” These numbers denote the dollar amounts (in thousands) of coverage that you are quoted for. The first number refers to the maximum bodily injury coverage you will receive per person. The second number refers to the maximum bodily injury coverage you will receive for all injuries sustained during an accident. Finally, the third number refers to the maximum property damage liability coverage that you are quoted for.
Another important part of deciphering your quote is understanding the different coverage options available to you. Here is a brief breakdown of some of the most common coverages.
- Liability: This type of insurance offers coverage in the event that you are responsible for causing injury or property damage to a third party. It will also cover your legal and settlement costs in the event that the affected party decides to sue you.
- Collision: This type of insurance will cover the cost of your car’s repairs if it is damaged in a collision event.
- Comprehensive: This type of insurance covers the cost of repairing any damages not caused by a collision event. For instance, if your car is damaged due to vandalism, theft, fire, extreme weather event, or so on.
- Medical Payments: This type of insurance will provide coverage for the medical expenses that you and your passengers might incur after an accident. This coverage is “no-fault,” meaning that you can access it regardless of who caused the accident.
- Under/Uninsured Motorist: This type of insurance will provide coverage if you get into an accident with a driver who does not have adequate coverage to address your car’s repairs and your medical expenses.
Use this information to help you understand your auto insurance quote. If you are looking to find the best car insurance to meet your needs and your budget, then don’t hesitate to contact us at Westwood Insurance Agency. Our dedicated agents are ready to get you the coverage that you need today.