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 Car insurance can greatly help you out of a sticky situation that was caused by something out of your control. The whole purpose of insurance is to have it just in case something goes wrong, and it's important to know what it covers so you know how to use it properly. Below are just a few things normally covered by car insurance, but always ask your local car insurance agent for more information.
Defining Comprehensive versus Collision Coverage Comprehensive coverage in auto insurance is designed to protect against a variety of non-collision incidents that can damage your vehicle. This includes scenarios like hitting a deer, damage from hail or other weather-related events, a tree falling on your car, vandalism, and theft. Essentially, it covers damages to your vehicle that occur from events other than collisions with other vehicles. On the other hand, collision coverage specifically addresses damages to your vehicle resulting from collisions, regardless of fault. This includes colliding with another vehicle, hitting a stationary object like a tree stump, gate, garage door, or wall, and other accidents where your vehicle hits or is hit by something. Together, comprehensive and collision coverages provide a broad spectrum of protection for various unexpected incidents that could harm your vehicle. Coverage for Car Accidents This one may seem obvious, but it's the most important reason car insurance is always required for drivers. Car accidents are terrifying, dangerous, and potentially fatal, and it's important to have protections against the financial burden of an accident. Car insurance very often covers collisions and theft of the vehicle so the driver is not on the hook for all these expenses. Damages caused by a collision would be taken care of by your insurance, so the driver can worry about healing rather than paying bills. Coverage of Medical Expenses The health of the driver is often taken into account as well. Health is one of the most essential assets humans carry, and it's important to cover expenses to nurture that asset. Insurance for cars often covers any expenses related to the accident, even if the other driver is uninsured. This is important as one in eight drivers in the United States do not carry auto insurance, according to Forbes. Normally, liability determines which insurance pays for expenses, and in the case of a driver not carrying coverage, your insurance may be able to step in and help pick up the pieces. Coverage of Property and Vehicles Of course, if you as the operator of a motor vehicle cause damage to the property of another individual, you are responsible for payment of those damages. Car insurance is extremely important in this circumstance as it will often cover fees associated with these damages. This includes damages to buildings, parked cars, property, and many other items. Your local car insurance agent will be able to better explain exactly what's covered in your policy. Motor vehicle accidents are one of the most frightening experiences people can have, and the fear continues into the aftermath as well. Auto insurance is designed specifically to put that fear at ease to better support you in this struggle. Contact a local car insurance agent at Rollo Insurance of Dripping Springs for more information. Anne and Rob are ready to help!
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 Business insurance is crucial in risk management. Protecting your business against unseen events while mitigating financial loss is why every business needs coverage. While business insurance is a term for several different coverages, they all protect your business to ensure operations proceed. Let's look into some common business insurance types that will cover your company.
Commercial Commercial insurance is coverage for aspects of the business rather than individuals. Commercial auto insurance protects in the case of physical damage, theft, and bodily injury. Property insurance covers damages to property such as buildings, equipment, inventory, and other assets at risk of being damaged. An umbrella policy is necessary for the assets not covered by the other policies. This coverage acts as a safety net for any other losses incurred to keep your business protected. Group While commercial insurance covers property and other assets, group insurance policies protect you and your employees. Group life insurance covers employees in the event of a death, providing financial protection to the beneficiaries of the employee. This should be an essential part of an insurance package due to the protection of the employees and the business. Disability insurance provides regular payments to a member of the group in the event of a serious injury or illness. Group insurance policies like these ensure better company-wide retention and make positions within the company attractive to new applicants. Liability General liability coverage is a type of business insurance every company should have. This policy protects against any liability claims for property damage and bodily injury outside of operations. Professional liability insurance protects the costs of defending against a claim, damages, or a lawsuit. This coverage ensures financial security for your business, protecting against financial risks. Other A business owner's package combines all of the basic business packages into one bundle. This coverage is ideal for any small or medium-sized business for its cost-effectiveness, customization, and risk management. While convenient, it will also provide you peace of mind while you grow your business. Worker's compensation is often a legal requirement for every business. This is essential for covering employees and creating a safer, more productive work environment. Getting the necessary business insurance for your company is essential for staying protected against risks. According to IBISWorld, there are 410,176 insurance businesses as of 2023. However, not all of these companies are equal in the quality of service they offer. Rollo Insurance is dedicated to giving you the right coverage at the best possible price. Call us today or fill out the form on our website to get started with our insurance coverages. |
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