Whether you recently purchased a new car for yourself, decided to upgrade the family SUV, are a classic car enthusiast or looking forward to getting behind the wheel of a camper to discover unchartered territory, Owens Group has your vehicle insurance needs covered.
The primary components of automobile policies are Liability, Collision and Comprehensive coverage. This is how they work:
Liability Insurance: This is split into Bodily Injury, which covers expenses related to the bodily injury or death of another driver, passenger or pedestrian; and Property Damage, which covers expenses for auto-related damage to another person’s property — such as a vehicle or building. Most states require minimum liability limits. We will review your specific exposures, the risk to your assets and help you determine the amount of liability limits you should be carrying.
Collision Insurance: Covers expenses related to your own vehicles’ damages due to an accident. Collision coverage may be mandated by a leasing company or a bank.
Comprehensive Insurance: Covers expenses for damage to your vehicle due to extraordinary circumstances such as theft, a storm or fire.
A multitude of coverages exist within automobile policies, and limits vary from state to state. These coverages include Medical Payments, Personal Injury, Uninsured or Underinsured Motorist, Rental Reimbursement and Roadside Assistance. Owens Group will gladly advise you regarding coverage requirements for your state, and tailor a policy that best suits your needs.
Special coverage and pricing for unique vehicles with limited driving privileges are available. We can provide a policy with agreed value that can increase with the value of your classic car so that you get the exact amount agreed to if the vehicle is totaled. We also offer coverage for newly acquired autos worldwide, coverage for vehicles in restoration, inflation guard and towing and labor. And, we can provide auto show medical reimbursement for insured injuries at auto shows and coverage for spare parts under comprehensive insurance.
We offer coverage for special vehicles, such as jet skis, motorcycles, campers and snowmobiles. Policies come with Bodily Injury liability if you cause an accident that hurts someone else; Property Damage liability if you are at fault for damage to their property through use of your vehicle; Collision coverage, which will pay for repairs to the vehicle if damaged in an accident; and Comprehensive coverage to help out if the vehicle is stolen or damaged from something other than a collision, such as vandalism or a fire.
