Who Are You?
Are you the hustling mom whose life is spent on the road as she shuttles children to and from school, practice or friends’?
Are you the daily commuter who is looking for a new – any new – audio entertainment in the car to make the time spent in traffic more worthwhile?
Are you the new driver, the once-a-week driver, the only-when-I-have-to-driver?
Some people believe that auto insurance is just a commodity. It isn’t. Protect yourself and your earnings with a car insurance policy from The O’Connor Agency in Houston, TX. Why? Here is an example:
You’re driving your car. You lose concentration and go through an intersection, not seeing that the light has turned red. It could happen to anybody. Unfortunately, as you go through the intersection, you encounter another car that is proceeding across your path because the light for this vehicle is green.
You broadside the other car. Later, you find out that the driver (or passenger) who has been seriously hurt, is a neurosurgeon who makes hundreds of thousands of dollars a year. Now, because of the accident, they will be unable to earn that living.
They’ve suffered an economic loss and will probably endure pain and suffering because of their injuries, the recovery period and the inability to work, so they sue you.
How much can they get from you? Everything you have!
A standard Texas auto insurance policy will not only cover the immediate expenses in case of an accident, but also protect your financial well-being in the future. The car insurance policy you choose today could affect you for the rest of your life, so do your internet research but keep in mind: Before you make a final decision, it’s best to talk to a local licensed independent car insurance agent. Like the O’Connor team in Houston, TX!
CAR INSURANCE OPTIONS
There are 6 components to auto insurance resulting in many different levels of coverage for you:
1. Bodily Injury Liability
It pays the medical and other expenses of people injured in an accident you cause. This is required by most states.
2. Property Damage Liability
It covers the damage your car causes to property, usually the other car or cars involved in the accident but also any objects you may hit (fenceposts, garages, buildings…). This is also required in most states. The average price of a new car is over $40,000 and sometimes more than one car is involved in an accident.
3. Uninsured/Underinsured Motorist
This pays for injuries to you, and, in some cases, damage to your car, if you are hit by a driver who doesn’t have insurance.
4. Personal Injury Protection
This coverage pays medical, and even funeral, expenses for you and members of your family and passengers in your car if it is involved in a collision, regardless of who caused the accident. It also covers you as a pedestrian if you are hit by a vehicle.
It covers the damage done to your car when it collides with another car or an object.
This covers damage to your car that results from something other than a collision, for example damage caused by vandals, a windstorm or flood.
7. Other Miscellaneous Coverage
Remember that sometimes “you get what you pay for”. The cheapest option for car insurance in Houston, TX might not provide you or your family with the best protection. The saying goes “you don’t need insurance until you have a claim.” When you do have a claim, something that goes wrong, that’s a terrible time to discover that you don’t have adequate protection.
The minimum amount of auto insurance required by most states is not much. If you buy just the minimum coverage required by law, you are leaving your assets at considerable risk. If you are at fault in an accident that causes serious injuries, it could also be your home, your property, or even your pension at risk.