What Is Auto Insurance?
Whether you’re a seasoned driver or a newcomer to the roads, having the correct information about auto insurance can help you choose a policy that suits your needs. Contact Valley Insurance in San Antonio, Texas, for a personalized auto insurance quote.
Why Auto Insurance is Important
Auto insurance serves as a safeguard against the financial strain that can result from accidents, theft and other unforeseen events. Texas drivers must maintain minimum auto insurance liability coverage to comply with state laws. If you lease or finance a car, your lienholder can require additional coverage.
How Auto Insurance Deductible Works
Auto insurance policies often include deductibles as part of the coverage terms, particularly for coverages pertaining to damage to your vehicle. A deductible is the amount you pay out of pocket before your insurance coverage kicks in to cover the remaining costs of a claim.
While collision and comprehensive coverages typically require deductibles, liability insurance—designed to help cover damage and injuries you cause to others—does not have a deductible. When selecting your deductible amounts for collision and comprehensive coverages, consider how much you can afford to pay out of pocket in case of a claim. Higher deductibles usually lower your premium costs, but they mean more out-of-pocket expenses when you file a claim.
Contact Us
Valley Insurance is here to help you find appropriate auto insurance coverage. Contact us today for a personalized auto insurance quote.