Hey, what's up guys today? I will give you an idea of what is auto insurance, understand your car insurance and what it covers. Basic personal auto insurance is mandated by most state and provide you with some financial protection in case of an incident. But is it enough for adoption? Learn how car insurance works and what type of coverage or available understanding auto insurance. The basics auto insurance is a contract between you and the insurance company that protects you against Financial loss in the event of an accident or theft. In exchange for your paying a premium, the insurance company agrees to pay your losses as out, likely in your policy or Insurance provide coverage for property liability and medical property, such as damage to, or the left of your car liability, or legal responsibility to others for bulb, hardly injury or property damage, medical, the cost of threatening injuries, rehabilitations and some time, lost various and funeral expenses. Basic personal auto insurance is a man dated by most US state and laws very auto insurance coverage and priced individually a locker to let you customize coverage amount to shoot your exact need. And budget police seized are generally issued for six month or one year time frame and or renewable.
The insurance company sent a notice when it's time to renew the policy and pay your premium what is covered by my auto insurance, and under what circumstances your auto policy will cover you and other family member on your policy, whether driving your car or someone else car with their permission. Your policy also provide covered. If someone who is not on your policy is driving your God with your consent. The personal auto policy only covers personal driving, whether you're committing to work running errands or taking a trip, it will not provide coverage of if you use your car for commercial purpose. For instance, if you deliver pizzas, personal auto insurance will also not provide coverage. If you use your car to provide transportation to other through a ride-sharing services such as Uber or Lyft somewhat Insurance. How are now offering supplemental insurance products are Regional cause, that extent of which, for vehicle owners providing ride-sharing services in auto insurance coverage? Mandatory? Yeah, is auto insurance coverage mandate auto insurance requirement vary from state to state.
If you are financing a car, your lender may also have so next requirements. Nearly every state require car owner to Gary, but I lie injury liability, which cover costs associated with injuries or death that you are. Another driver calls while driving your car property damage liability, which re in versus other for damage that you are other driver, or creating your core causes to another vehicle or other property, such as a fence building your utility pool. In addition, many states require that your care, medical payments or personal injury protection VIP, which provide reimbursement for medical expenses for injuries to you or your passengers.
It will also cover Las Vegas and other related expenses, uninsured motorist coverage, reimburses you when an accident caused by driver, who does not have auto insurance, or in the case of a hit-and-run, you can also purchase other insured motorist coverage, which will cover cost when another driver lacks a decayed cover to pay the cost of serious accident, even if Pap and on insured motorist coverage, or optional in your state, consider adding them to your policy for greater Financial Protection. What other type of auto insurance coverage are typical while moves basic, legally mandated, auto insurance covers the damage your core causes. It does not cover damage to your own car to cover your own car. You should consider these optional coverages. Illusion reimburses you for damage to your car that occurs as a result of collusion with other vehicle or other subject. It tree quadrille when you are at fault.
So I'll clue you in coverage, will not reimburse you for mechanical failure or normal wear and tear on your car, it will cover damage from both follows on from rolling. Your car. Comprehensive provide coverage against theft and damage caused by an incident other than the conversion such as fire, flood, Wendling, hair falling rocks or trees and other hazards, even getting hit by an asteroid gloss coverage provides coverage from windshield damage, which is Common from Auto policies, including no deductible glass coverage, which also includes side windows, real window and glass sunroof are you can buy a supplemental glass coverage. What is gap insurance? And do I need clusion and comprehensive only cover the market value of your car, not what you paid for it. A new cause depreciate quickly.
If your car is two tailed or stolen, there may be a gap comedian, the number from as recent study indicated that many more than just one American party becomes a victim of car theft of some sort of, you know, the Statics show that the car is stolen or otherwise vocalized. Very 33 seconds as look at the numbers. This is the one of the most Cavern State best governed State. You can say the the world, but burglars are also active there. They have, you know, that have thieves the Sterling on the cars. They are in every 30 seconds. Okay, God. Laughter is one of the most regular forms of tapping. United States is actually the number one form of property theft in America, costing citizen of the country of the United States or seven and a half billion dollars, but year in losses from stolen or stripped cars. So how this video? We will more discuss that, how it will affect the auto insurance or car insurance of the insurance customers or consumers. Not only cars have literally rob a person of their possessions, but it can also call the person's car insurance rates to increase by up to a couple of hundred dollars part here. You know, whenever someone steal someone's car, obviously that car is covered with insurance. Someone has to pay back the price of that car. So in that case, this is some back to the insurance company, or the maybe you know, some specific brand and insurance brand like Hartford, or Liberty Insurance, or any of r. Okay.
So in this way, garthe is are affecting, affecting everyone's car insurance premiums, because that's car types continue to rise to the rage that car insurance company charge people to ensure that when he calls, of course, if someone you know someone virus from insurance package from any company and that company, or that car gets stolen. So of course, Insurance customer have in the price. So to help and protect your own car and help lower everyone cars, insurance premiums by lowering the number of stolen or damaged cars, vehicle owners can choose to follow these safety guidelines concerning to their car theft. It means the customers can follow these Chavez, very simple rules that can really help the because the insurance customers, or consumers, in a way of saving their cost in the sense of getting, you know, really benefited.
Okay, so the number one is always lock the doors of the car while it is parked, it means that whenever you are going to office coming back from office, or you have to go out with your kids on a party on some, you know, an kind of things like you have to go to hospital, or you have to go to your salon, you should always get your car car locked. When you leave the car. Okay, number to install a GPS tracker available at most car parts stores, the vehicle to track the car if it is stolen, you know, in this technology era, if your car does not have GPS tracker installed in it, and you are, you can be in real danger. You can face some are unfortunate things, some unfortunate incident with you, because, you know, in the emerald, in the average case, if someone steal your car, you will not be able to track the car even, not even you know, Governor's authorities like Follies straw, because it will really take time to figure out that they are. The thief took actually your car. Okay. Number three. Never leave a spare key in the vehicle. Of course, you know, it's kind of opportunity. If someone's you, someone comes to your car and break your glasses off your car's window and get into your car. He or she, the thieving, get an opportunity two, get the car keys if they are in the car, and that will be like butter for him. He gonna enjoy that butter party, because he will get the car keys, and we'll take your car with no effort in very small amount of time. Okay, the number for removed valuable items, or possessions from Plain View inside the car Harlem
