Components of Car Insurance

In order to fully understand your car insurance premium you must understand all of its components. Your auto insurance premium will depend on a variety of factors that are out of your control and some that are in your control. What your policy covers is your choice and it is important to know what coverage you are paying for.

  • Bodily Injury Liability – Covers injuries and legal costs if your car injures or kills someone.
  • Property Damage Liability – Covers damages to any property caused by your car in an accident. This is typically a requirement in most states.
  • Medical Payments – Covers the cost of injuries to both you and the other part in the event of an accident.
  • Uninsured Motorist Protection – Covers injuries and damages made by an uninsured motorist or a hit-and-run driver.
  • Collision Coverage – Covers the cost of damage up to its calculated value. This coverage carries a deductible.
  • Comprehensive – Covers theft, vandalism, fire, wind, flood, and other non-accident caused damages. This coverage also carries a deductible.

Warrior Insurance and Services Group strives to provide Colorado residents with the absolute best care. Contact us today and speak with one of our experienced agents about updating your auto insurance policy.

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