The cost of auto insurance is of great concern to everyone. So, the better we know you, the more we can do for you. With the help of Insure Idaho, your independent agent, we work hard to keep your protection in-sync with your life. So you may qualify for extra savings if:
- You have a safe driving record
- You drive a safe car/auto (seat belts, air bags, anti-theft devices)
- You insure both your home and your car/auto with the same company (a great option most of the time; however, Insure Idaho will always get you the best coverage at the best rate). The cost of your insurance is directly related to repair costs and an increase in the overall cost of medical care.
Car/Auto insurance rates are established on a variety of variables. The amount (premium) you pay consists of a company's established rate and will include items such as your age, gender, marital status, driving pattern, vehicle type, driving record, and claims history. There is a rate for each type of car and geographical area. Types of coverage
When you purchase mandatory personal automobile insurance, your policy contains several types of individual coverage. Each type of coverage provides insurance protection against a different type of loss. The following is a brief description of the basic coverages in a personal car/auto insurance policy:
Bodily injury provides coverage for medical expenses, and other covered costs if you and/or your family are negligent in causing injury to another person in a car/auto accident. It also covers claims brought against you regarding settling lawsuits and the costs of your legal expenses.
Property damage provides coverage when you and/or other insureds in your household are negligent in causing damage to another person's personal property following a car/auto accident. Coverage applies for repair or actual cash value of the other party's personal property. Actual cash value (ACV) is the amount it would take to repair or replace property after depreciation (wear and tear). It also covers any legal expenses brought against you and/or other insured's in your household.
Personal injury provides coverage for medical expenses, rehabilitation, funeral expenses, lost wages and in-home assistance for you and your passengers injured in a car/auto accident, regardless of who could be held at fault for causing the accident. To receive personal injury benefits, a passenger injured in your car/auto would file a claim with his or her respective insurance company.
Uninsured/underinsured motorist protection provides coverage for expenses associated with bodily injury caused by an uninsured or underinsured motorist. Also, coverage applies for settlement of lawsuits because of an uninsured or underinsured motorist.
Collision or Upset. If you elect, or are required, by a lender for example, to carry collision insurance, you will be subject to a deductible. The lower the deductible the higher the cost of collision insurance. Collision will pay for damage to your car/auto caused by collision or upset, such as collision with another object, including another car or object, or rolls over. A higher deductible could lower your premium.
Comprehensive. If you elect, or are required, by a lender for example, to carry comprehensive insurance, you may be subject to a deductible. This will pay for damages to your car caused by perils other then collision or upset. This may include losses caused by one of the following: fire, theft or attempted theft, lightning, windstorm, hail or rising water, earthquake, explosion, riot or civil disturbance, falling or forced landing of aircraft or parts of aircraft, or the stranding, sinking, burning, derailment or collision of any kind of transport in or upon which an insured car is being carried on land or water.
Contact Insure Idaho for help with what types of coverage will be best for you.
- Extended Transportation Expenses. Coverage to help pay rental car costs when your car/auto is disabled as the result of covered auto accident of loss.
- Towing and Labor Costs. Provides coverage if your car/auto needs towing or roadside assistance.
- Auto Loan/Lease Coverage. If you car is totaled due to a covered accident or loss, this pays the difference between the actual cash value of your car and the unpaid principle due on your loan or lease.
- Repair or Replacement Collision Coverage.