Auto Insurance in Phoenix and Yuma, AZ
Protecting yourself, your vehicle and others on the road is essential. Car accidents can happen unexpectedly, and insurance can help you avoid significant financial burdens from such incidents. Contact Best Buy Insurance in Phoenix, Arizona, to compare car insurance quotes.
Do I Need Car Insurance?
The state of Arizona mandates that all drivers carry minimum liability coverage. This coverage may help pay for injuries and property damage to others if you are at fault in an accident. Your agent may recommend purchasing more than the minimum required amount of auto liability coverage to ensure adequate protection.
If you lease or finance a vehicle, the lienholder may also require full coverage insurance.
How Does Auto Insurance Work?
Auto insurance is a contract between you and an insurance company. You pay a premium and in return, the insurance company agrees to cover certain costs if you get into an accident or experience damage to your vehicle.
Your coverage may include the following:
- Liability coverage may help cover third-party accident-related medical expenses and property damage up to the policy’s dollar limit.
- Uninsured/underinsured motorist coverage may help protect you if you are involved in an accident with a driver without insurance or insufficient coverage. This coverage can help pay for medical expenses and vehicle repairs when the at-fault driver cannot cover the costs.
- Comprehensive coverage may help pay for damage to your vehicle caused by non-collision-related incidents, such as theft, vandalism or natural disasters.
- Collision coverage may help repair or replace your vehicle if you are involved in an accident with another car or object.
What Is a Deductible?
When you make a claim, you may have to pay a certain amount out of pocket before your insurance coverage kicks in. This amount is called a deductible. Higher deductibles generally result in lower premiums, but you’ll have to pay more if you have an accident.
What Is a Policy Coverage Limit?
Your insurance policy has coverage limits, the maximum amounts the insurance company will pay for specific incidents. Understanding these limits and choosing coverage that adequately protects you and your assets is crucial.
How to Get Auto Insurance
Best Buy Auto & Home Insurance Agency Inc is committed to helping you find a policy to fit your specific needs. Reach out to us today to start the conversation or to get a quote.