Owning an automobile in South Carolina can be a crucial milestone in one's life. Many residents are overwhelmed by the excitement of possessing this precious asset and fail to conduct thorough research to obtain a salient auto insurance coverage to cushion them from paying out of pocket if an auto accident occurs. All automobile owners in South Carolina are required by law to buy a minimum level of liability insurance. However, it's prudent to seek other additional coverages beyond the minimum amount set by a given state to protect yourself further in case of an accident.
Car insurance is an outstanding coverage that guarantees you financial protection in case unforeseen eventualities strikes. Acquiring an acceptable automobile insurance policy fitting your needs and budget will salvage your hundreds of dollars in case of an accident. To obtain satisfying and salient automobile insurance, visit us today at Triest Agency in South Carolina.
Types of auto insurance coverage.
Liability coverage: This policy is mandatory in most states, including South Carolina. Every driver is legally required by law to buy the minimum amount of liability coverage stipulated by a given state. It has two components:
- Bodily injury liability: This policy caters to the costs of another person's injuries if you are at fault in case of an accident.
- Property damage liability: This coverage helps you pay for damages you cause to other people's property while driving.
Un-insured and under-insured motorist coverage: This form of coverage caters for cost related to injuries or damages to you or your automobile in an accident in case the other party is uninsured or underinsured.
Comprehensive coverage: This type of coverage protects damages and losses in the accident apart from collision. These covered perils include fire, theft, falling objects, damage by hailstorms, vandalism, explosions, glass breakages, and earthquakes.
Collision coverage: This is an optional type of coverage that caters to losses and damages emanating from a collision with another vehicle, fence, potholes, tree, rock outcrops, or any other object.
Medical payment coverage (MPC): This provides medical bills for you and your passengers in your vehicle at the time of the accident. It can also extend coverage for lost wages, medical payment, and funeral costs.
Personal injury protection (PIP): This policy provides coverage for your injuries, family members, and anyone boarding your vehicle regardless of who caused the accident.
Gap insurance coverage: It is also referred to as loan or lease pay-off. This optional policy is applicable when your vehicle is badly damaged or stolen. It pays for the difference between your current car's worth and the remaining lease or loan amount.
Are you a new automobile owner in South Carolina? Feel free to call us or visit our Triest Agency offices for more information and quotes. Join us today, and you won't regret it!