Auto Insurance

Auto insurance is among the most essential insurance coverages. Collisions and vandalism are two examples of incidents car owners may experience. Auto insurance can help car owners by providing financial protection against these and other unforeseen car accidents by limiting out-of-pocket expenses following a covered incident.

What Is Auto Insurance?

Auto insurance helps protect car owners from facing high costs after an accident. It is mandatory in most states and commonly assists in covering expenses related to property damage and bodily injuries. Policyholders are frequently required to pay a deductible for certain coverages, regardless of the insurance premium. Deductibles are out-of-pocket costs paid by policyholders until insurance assists them.

Is Auto Insurance Required?

Massachusetts requires drivers to carry four compulsory coverages, which include bodily injury to others, personal injury protection (PIP), property damage and bodily injury caused by an uninsured auto.  For most drivers, the minimum levels of insurance required by the state will not give them enough protection, and they may want to insure themselves for other types of losses resulting from automobile accidents. Talk to an agent to determine what types and levels of coverage you need.

How Expensive Is Auto Insurance?

Auto insurance rates vary significantly among policyholders. For example, a driver with a history of filing insurance claims might pay a higher rate than a driver without claims. Additionally, factors such as the car model and location of the policyholder might play a role in determining the price of an auto insurance policy.

Learn More

If you live near Chatham, Massachusetts, and want to learn more about auto insurance, the experienced agents at Cape Wide Insurance Agency Inc. are here to help educate you on potential policy options for your car.

Reach out to our agency today at 508-945-5244 to learn more.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.