Here’s what you need to know to help you decipher your auto insurance quote.
If you’re looking for the right auto insurance, you’ve likely requested quotes from many different car insurance companies. However, when you receive your quote, you might realize that you cannot read it. If this is true for you, use this information to help you better understand your insurance quote.
The Deck Page
The main page of your quote is known as the declarations or “deck” page. On this page you will find personal information such as the car you want to insure, your additional insured drivers, discounts, deductibles, and so on. In addition to this information, you will also find a series of three numbers, such as “50/150/40,” listed at the top of the deck page. These number denote the dollar amounts (in thousands) of coverage you are quoted for. The first number (in this example, 50) refers to the maximum bodily injury coverage you will receive per person. The second number refers to the maximum bodily injury coverage you would receive for all injuries incurred in an accident. Finally, the final number refers to the maximum property damage liability coverage you are quoted for.
Additional Coverages
Now that you understand the information included in your deck page, you should also learn more about the various coverage options available to you. Some of the most common auto coverages include:
- Collison coverage: This type of insurance offers coverage to address any damages that your car might sustain during a collision event.
- Comprehensive coverage: This insurance offers coverage for any damages that your car might sustain from a non-collision event, such as the damages from vandalism, fire, extreme weather event, and so on.
- Medical payments coverage: This insurance will cover the cost of the medical treatment you and your passengers might require after an accident. This coverage is “no-fault,” meaning that you can access it regardless of who was responsible for the accident.
- Under/Uninsured motorist coverage: This insurance will cover you if you get into an accident with a driver who does not have adequate insurance to cover your repair or medical costs. In the state of New York, drivers are required to carry enough under/uninsured motorist coverage to match their bodily injury coverage limits.
Use this information to help you make sense of your auto insurance quote. Do you need further assistance with your auto insurance? Don’t hesitate to contact the experts at Scavone Insurance in White Plains, New York. Our dedicated team is ready to get you covered today.
