According to the Wisconsin Department of Transportation, over 100,000 auto accidents take place on Wisconsin streets and highways each year. If you were in an accident tomorrow, how comfortable are you that your current auto insurance policy would sufficiently cover you?
At Homewood Insurance, we’ll take the time to inform you of your options and tailor an auto insurance policy for you from our bank of trusted insurance companies. We can also review your current policy and identify any potential gaps in coverage. Getting to know you and your unique needs allows us to hand-pick a policy that works with your budget – providing you with a level of coverage that matches your comfort level.
What do standard auto insurance policies include?
Collision
Collision coverage can help repair or replace your vehicle if it’s involved in an accident. Collision can also help cover your car if it’s hit by another vehicle while parked. A deductible is the amount you pay before this coverage kicks in. The higher the deductible you choose, the less you typically will pay for a policy.
Comprehensive
Comprehensive coverage may help repair or replace your vehicle if it’s damaged by something other than an auto accident. This could include fire, theft, hitting an animal on the road, vandalism, or natural disasters. As like Collision coverage, you have a choice of deductibles to choose from.
Bodily Injury Liability
Bodily injury liability, or sometimes referred to as BI, is the coverage that helps protect you from financial loss if you’re at-fault in an auto accident. Bodily injury liability can help cover damages for injuries caused by the accident to another person or people. It can also help cover legal defense costs if the accident results in a lawsuit. In Wisconsin you must carry a minimum of $25,000 per person and $50,000 per accident, although we recommend much higher limits in most situations.
Property Damage Liability
Similar to bodily injury liability coverage, property damage liability coverage may help replace or repair damage done to someone else’s property as a result of an accident you’re at-fault for. This could include a vehicle, fence, mailbox, building, or even someone’s house. It can also help cover legal defense costs if the accident results in a lawsuit. As like Bodily Injury, Wisconsin Law requires you carry at least $10,000 in Property Damage Liability coverage.
Uninsured/Underinsured Coverage
Even though it’s the law in Wisconsin for drivers to carry insurance, many still don’t, or they don’t carry enough. By adding uninsured or underinsured coverage to your policy, it can help protect yourself from medical bills, loss of income and future wages, and defense costs should you be involved in an accident when the other driver is at fault and not carrying adequate auto insurance coverage.
Other Coverages
Other important coverages, like rental car reimbursement and roadside assistance can typically be added to your auto insurance policy. We’ll inform you of all your options and get you out on the road with a policy that has you covered when you need it most.
Will I qualify for any discounts?
You might! Many of the policies we offer provide drivers with discounts. We’ll take the time to go over a list of discounts with you and determine if you qualify.
- Safe driver discounts
- Good student discounts
- Multi-policy discounts
- Student in college discount
- Multi-vehicle discounts
- Military discounts
- Paid-in-full discounts
- Loyalty discounts
- Low-mileage discounts
We know insurance, we know Wisconsin, and we want to get to know you. Schedule an appointment for a one-on-one meeting where we will assess your unique insurance needs. You’ll leave knowing you’re in good hands with an agency that’s on your side.
Other Auto Insurance Related Posts…
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- Advertised Insurance Features – Part Two
- Advertised Insurance Features – Part One
- Six Reasons Why You Need Car Insurance – Part Two
- Six Reasons Why You Need Car Insurance
