Auto Insurance in Kokomo, IN
Auto insurance is essential for car owners. Accidents can occur unexpectedly and lead to high repair or recovery expenses. Automobile insurance can provide excellent financial protection from car accidents. Choosing a policy may be challenging, and the Crume-Evans Insurance agents are here to help.
How Auto Insurance Works
Auto insurance works like most insurance policies. It protects car owners from high accident costs. In exchange for an insurance premium often paid monthly or annually, your insurance carrier will provide you with financial assistance after a covered accident. Many policies require you to pay a deductible, an out-of-pocket cost you must cover following an incident before insurance covers the rest.
Which Auto Insurance Is Best?
Insurance needs tend to vary significantly among policyholders. Comprehensive car insurance often provides the most protection, covering bodily injuries, property damage and death compensation. Standard liability insurance is required in Indiana and is among the most common coverage options.
How Much Auto Insurance Is Enough?
Depending on your situation, basic liability insurance and uninsured/underinsured motorist coverage may meet your needs. Although this is typically the least expensive option, it may not fully satisfy a lienholder’s insurance requirements if you lease or finance a car.
Your agent can help determine which auto policies and endorsements are appropriate for your situation.
How Many Car Insurance Policies Can You Have?
No laws prohibit car owners from having two car insurance policies, but your insurance will not likely allow you to purchase two policies for the same car. Having two separate policies with different providers and filing two independent claims for the same accident constitutes insurance fraud. Speak to a Crume-Evans Insurance agent to learn more about auto insurance.
Why Automobile Insurance Is Expensive
Auto insurance premiums are rising across the nation due to several factors, many of which are beyond the policyholder’s control. Inflation, rising repair costs, changing weather patterns and worker shortages all play a part in car insurance premium increases.
There are several ways to reduce auto insurance premiums, including changing your coverage, increasing deductibles, maintaining a clean driving record and using an insurer’s safe driving app to track driving behavior.
Your agent can help evaluate your current coverage and shop around for favorable rates.
Whose Car Insurance Pays After an Accident?
Indiana drivers involved in an accident may have to pay for third-party property damage and injuries if they are at fault. If you have physical damage insurance, your insurer may pay for damage to your vehicle in an accident you cause.
In a hit-and-run accident, your uninsured/underinsured motorist coverage may help pay your accident-related medical expenses and damage to your vehicle.
Where Can I Find Coverage?
If you are a car owner near Kokomo, Indiana, the dedicated agents at Crume-Evans Insurance can help you learn more about auto insurance. Call our agency today at 765-452-5479 for more information on auto insurance.