Auto Insurance in Providence, RI
Many Americans rely on their vehicles for everyday tasks such as getting to work and going to the grocery store. But accidents can happen no matter how careful you are. Even if you’re not to blame for a car accident, you could face costly expenses (e.g., medical expenses, legal fees) that could cause serious financial hardship. That’s why auto insurance is required in most states.
Contact Gilbane Insurance for more information on the auto insurance solutions we offer and to speak to an insurance agent today.
What Is Auto Insurance?
Auto insurance, commonly called car insurance, is a legally binding agreement between you and your insurance company. In exchange for your premiums, your insurance company will pay for damages from covered losses up to your policy limits.
What Does Auto Insurance Cover?
Here are some commonly included auto insurance benefits:
- Bodily injury liability may help pay for costs arising from injuries or deaths you caused while driving (e.g., medical bills, lost wages).
- Property damage liability can pay for damage you cause to third-party property while driving.
Depending on the state you live in, these coverages may be enough to meet the mandatory auto insurance requirements. However, they may not provide sufficient coverage if you’re in a crash. For this reason, you may choose to add additional policies to your auto insurance contract.
Here are some additional coverages to consider:
- Comprehensive coverage can pay for non-collision damages to your vehicle (e.g., hail).
- Medical payment coverage can help pay medical expenses associated with injuries you or your passengers receive during a crash.
- Collision coverage can pay for damage to your car from collisions with objects and other accidents regardless of fault (e.g., hitting a tree).
How Does Auto Insurance Work?
Your car insurance company will look at numerous factors (e.g., age, driving history, gender) to determine the price of your auto insurance premiums. Once your premiums are determined, you may be able to choose to pay your insurance premiums monthly or in full.
Auto policies often come in six-month or twelve-month terms. As long as you continue making your premium payments, you are covered during your policy term, per your policy agreement.
If you are in an accident, you should immediately file a claim with your insurance company. You may have to pay a deductible, which is an out-of-pocket expense, before your insurance kicks in.
How Do I Buy Auto Insurance?
Car insurance is necessary for anyone who drives. Contact Gilbane Insurance today for more information on how we’ve got you covered.
How to Get Auto Insurance
Gilbane Insurance Agency is committed to helping you find a policy to fit your specific needs. Reach out to us today to start the conversation or to get a quote.
Licensed in FL, TX, MA, CT, RI