Auto Insurance
Auto insurance can help provide financial protection and peace of mind if you own a car. Moreover, auto insurance is required for Utah drivers, so make sure you’re getting a policy that fits all your needs. Contact Goal Insurance in Taylorsville, Utah, to get auto insurance at a great rate.
How Auto Insurance Works
In basic terms, auto insurance provides financial protection to drivers in case of accidents or other covered incidents. You pay a premium to the insurance company, and in return, the company agrees to pay for covered damages, injuries or losses up to your policy’s limits. Different policies may offer varying coverage and prices, so it’s important to consider your specific needs and consult with an insurance agent before settling on a policy.
What Insurance Is Required by Law in Utah?
In Utah, drivers are required by law to have auto liability and personal injury protection (PIP) coverage. Liability coverage is designed to help cover the costs of property damage and bodily injuries you cause to others involved in an accident. PIP coverage is intended to help you and your passengers pay for accident-related medical expenses. Both coverages typically have a dollar limit.
Beyond the minimum coverages required by the state, you can customize your policy by adding additional coverages and endorsements, which may include the following:
- Collision coverage may help pay for repairs if your car is damaged in a collision with another vehicle or object.
- Comprehensive coverage may help pay for repairs if your car is damaged by covered perils such as fire, hail or vandalism.
- Uninsured/underinsured motorist coverages may help pay for your losses if you’re hit by someone who doesn’t have insurance or doesn’t have enough insurance to cover their liability.
How Auto Insurance Claims Work
If you are involved in an accident or your vehicle is damaged, contact your insurance company to file a claim immediately. The insurance company will assess the damage and determine what your policy covers. Your claims agent will work with you to settle the claim and provide the necessary payout for repairs or other covered expenses.
How Auto Insurance Deductibles Work
The auto insurance deductible is the amount you pay out of pocket before your coverage begins. For instance, if your deductible is $500 and your car has $2,000 worth of covered damage after an accident, you’d pay $500 and your insurance would pay $1,500. If the cost of damages is lower than the deductible, you cover the expenses. Choosing a higher deductible can lower your insurance premiums, while a lower deductible means fewer out-of-pocket expenses but potentially higher premiums.
Contact Us
The auto insurance team at Goal Insurance can get multiple car insurance quotes from reputable insurers to help you compare your options. Contact us today to find the auto insurance that’s right for you.