Myth #1 Liability insurance coverage that meets minimum legal requirements offers adequate protection.
Fact: Minimum liability limits may not be enough to cover all expenses if you injure someone or damage their property with your vehicle To learn more about the two types of liability coverages; bodily injury liability and property damage liability click here Myth #2 Comprehensive coverage is all-encompassing. Fact: comprehensive does not cover all damage to your vehicle. Comprehensive coverage usually extends only to certain dangers—such as theft, fire, or a natural disaster. It can be thought of as coverage that protects your car if it is damaged in an accident that is not a collision. You would need separate collision coverage if you wanted to be covered in an accident where you hit another vehicle. Myth #3 If my car is totaled, insurance will pay for me to buy a new car. Fact: In a covered total loss, your insurance payout usually considers depreciation. The payout would also depend on whether the car you drive is 10 years old or a newer model. An insurance payout totaling a 10-year-old car would not be equal to the cost of a brand new one. However, if your car is only a few years old, new car replacement coverage might cover the cost of a brand-new car. If any of these myths surprised you, give our office a call and we can help make sure your covered to the extent you need. The team at Hutto & Dalchau Insurance Agency help with auto insurance, home insurance, life insurance, renters insurance and umbrella insurance as well as business, commercial liability, contractor, commercial auto and surety bonds in the Hill Country area. For more information and to learn about our agency visit our website at www.huttoins.com
2 Comments
4/30/2021 08:31:35 pm
Your attitude and pride for your car or bike boosts radically especially when your ride is your passion. Keeping it spic and span is tough when many factors like environmental fallouts, chemicals, sunlight, water, dirt, and grime are bound to dim the sheen. However, car paint protection is easy and manageable when you count on nano ceramic coating. Products like Nasiol ZR53 are a perfect example of real-time deployment of nano ceramic coating for your car. In fact, it is a favorite product of any DIY-minded car lover as applying this nano ceramic coating on your car on your own is possible.
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4/20/2022 11:34:52 pm
Comprehensive coverage is not required but is a bright idea to carry if you do not want to pay out of pocket for damage repair. In many cases, you will have to pay a deductible before comprehensive coverage kicks in.
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