Drivers in San Antonio will also want to include in their San Antonio auto insurance policy a collision coverage for their Vehicle. This addition of your San Antonio auto insurance will pay for damages on your vehicle in the event that you have caused an accident with another driver or an object, i.e. light pole, wall. Comprehensive Auto Insurance coverage pays for damage caused by events other than a collision with another Driver. This auto insurance coverage includes vandalism, theft, hail damage, hitting a deer or animal, falling objects and flood. With type of car insurance, your vehicle will be repaired, minus your deductible, or replaced, if the vehicle is a total loss.
You also want to make sure your car insurance in San Antonio Tx covers your own medical expenses and personal injury needs. These expenses are met through medical payments coverage and personal injury payments as a part of your car insurance-auto insurance coverage (PIP). PIP can cover lost wages due to your injury and even the cost of a caregiver for the injured.
You can also add, a loan/lease payoff option to your car insurance in San Antonio Tx. If a vehicle is stolen or damaged beyond repair you might still owe more on the loan of lease option than the vehicle is worth. Once your comprehensive or collision Insurance coverage has paid you the actual cash value of your vehicle, loan/lease payoff coverage makes up the difference on what you may still owe. There’s nothing worse than still making payments on wheels you can no longer own and drive!
Auto policies in the State of Texas contain several different coverages. To help drivers in San Antonio better understand it, we prepared a brief guide for you.
Liability: As in most other states, Texas requires all drivers to meet the minimum financial requirements for bodily injury and property damage for accidents they are legally responsible for. The current limit is $30,000 per person, $60,000 per accident and $25,000 for property damage. This is included in the basic San Antonio Tx auto insurance policy. However, increasing the limits to say $100,000/$300,000/$50,000 may only cost you $10.00 to $15.00 more per month. It is a very wise investment to pay for the higher limits in case you are sued by a lawyer for an at-fault accident you caused.
Personal Injury Protection (PIP) and Medical Cost:
Both of these coverages pay for medical expenses for you and anyone in your car, regardless of fault. This is referred to as “no-fault insurance”. The difference between the two is that PIP also covers lost wages, caregiver services, and medical. However, medical only provides coverage for medical expenses.
Uninsured/Underinsured San Antonio Tx Motorist: This protects you if an “at fault” driver hits your vehicle but he/she has no Drivers's Policy to pay for bodily injuries and property damage. Let's face it, not all drivers will do the responsible thing by getting a policy for their car. The underinsured motorist coverage will also pay for any additional cost if the “at fault” driver has the minimum liability limits. For example, if your vehicle is worth more than the minimum of $25,000 allowed for property damages, you can claim the difference under this coverage.
Collision: This pays for damage to your insured car if you hit a fixed object, overturn your ride, or an accident that is your fault. The most common deductible we quote for this coverage is $500.00. However, you can choose any deductible for this coverage.
Other than Collision (OTC): This coverage, to your ride, protects you from theft, vandalism, and fire. Also, any damage from a flood, falling objects, hail, or hitting an animal. This coverage is also subject to a deductible.
Rental Reimbursement: This is very important coverage especially if you use your car for work and back. It pays a set amount for rental reimbursement if your car is at the body shop for covered repairs. You must have collision and other than collision coverage on the covered auto as well.
Roadside Assistance/Towing Reimbursement: Roadside assistance, as the name implies, covers the cost of certain repairs where your vehicle becomes disabled. This includes fixing or changing a tire, recharging your battery, getting locked out, or running out of gas. Not all policies include roadside assistance but will provide coverage for towing your car.
Additional Auto Policy Considerations:
A plan that also covers you if you are hit by an uninsured driver.
If you have added custom parts and features to your vehicle you may need to add these components separately in your Car Policy.
Decreasing Vehicle Insurance Costs
It’s necessary for all car drivers to maintain auto coverage, but some drivers struggle to afford this additional cost to owning or operating a vehicle.
Shop around and do your homework! Finding car quotes online is easy and fast. Within minutes you can have several quotes from leading carriers. Getting multiple quotes before making the final decision on your San Antonio Tx vehicle insurance helps ensure you the best deal.
To reduce the cost of car insurance, a driver should also consider:
Maintain a Good Credit Score
All lenders check credit scores before lending a new line of credit. Underwriting companies are no exception. To help ensure a person can carry out the minimum responsibility of paying the monthly or quarterly premiums on time, wise agents always check credit scores. If you don’t have a good credit score, try to boost it before applying for the policy. This helps lower premium rates.
A Clear Driving Record
If your driving record shows road accidents, traffic violations, and tickets, your insurance premium will be raised because you’re considered a risk for further claims. The insurer reduces his own risk by charging you more.
A High Deductible
When San Antonio drivers set up their policy, they can set an amount as their deductible that they are going to pay when you file a claim. Setting a high deductible can translate to lower premium rates, but don’t settle on an amount that is beyond your affordability.
Informational Links for San Antonio Car Insurance:
Her is an easy to understand Insurance Guide:
San Antonio Tx
Take a Driving Course
If you can complete a driving course from a reputable driving institution, you’ll be deemed a safe driver. Complete such a course soon after buying your vehicle as this can easily help you save your dollars on your San Antonio car insurance policy.
Operate a Safe Vehicle
Insurance companies evaluate the risk for San Antonio drivers, but also the car’s risk and as the object being insured. Reduce the risk of your vehicle by installing safety features such as anti-lock brakes and alarms to make the vehicle less prone to accidents and thefts. If you add such features be sure to notify your insurance agent and ask for a reduction in your premium. Remember the cheapest car insurance rates are not always the best!