Insurance can be a touchy subject these days. If you can’t afford personal medical insurance there is a new government policy in place that helps make it affordable however, even if a lower premium is still not something you can afford and choose not to pay at all, you will be fined every year by the government. This may seem like a harsh reality but it also can be carried over to Car Insurance Services in Lacey City as well. If you can’t afford car insurance then you can’t drive.
So what happens if you have been involved in accident with a person who does not have insurance? Part of your premium for your policy should actually help you with that. This can either be covered explicitly in your policy or it can come in under the heading of Bodily Injury or Property insurance depending on the type of accident. That leads us to our next topic fo what is bodily injury or property insurance?
Bodily injury coverage is what helps to pay for your bills should anyone outside of your vehicle be injured in an accident you may be at fault for. This does not cover the people riding in your car as that part is covered under personal injury or medical insurance. The property insurance will cover expenses related to objects or vehicles that were injured in the accident. In either the bodily injury coverage or property insurance any extra that may be available can help pay for a legal defense regarding this issue.
The sound of all these different types of insurance that you should be covered for may sound a little overwhelming but the professionals that deal with Car Insurance Lacy can help put together a policy where the monthly premiums are affordable. You can adjust your coverage depending on your own personal driving record and in most instances, car insurance companies will give credits for good driving records.
Another way to save on your monthly insurance bill is to utilize a higher deductible on your premium. That means that instead of a low balance of having to $500 per claim that you make with your company, you perhaps could pay a higher percentage of more like $1,000 or more in the event you need to make a claim.
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