Auto Insurance in Chatham, MA
Massachusetts drivers and vehicle owners face various risks that they can use auto insurance to help manage. Whether you’re driving your vehicle or not, there are threats of loss or damage to your vehicle. Without auto insurance, you may have to pay for all costs associated with an incident out-of-pocket.
However, with the right auto insurance policy, you can gain financial protection for the risks you face. The team at Cape Wide Insurance Agency, Inc. is here to help. Call us today to discuss your auto insurance needs and get a free quote.
What Auto Insurance Coverage Should I Have?
It can be difficult to know what types you should add to your policy, especially with the variety of different coverages available. Additionally, some coverages may be legally required by the state of Massachusetts, and you may also have insurance requirements dictated by your lender if you have an auto loan or lease.
Learn more about some of the most common coverages available for auto insurance policies below:
- Comprehensive coverage—This type of coverage covers damages unrelated to a wreck, such as theft, weather damage or vandalism. If you have financed your vehicle or have a lease, you may be required to carry a minimum amount of collision coverage.
- Collision coverage—This type of coverage helps cover damage costs if you are involved in a collision. If you have financed your vehicle or have a lease, you may be required to carry a minimum amount of collision coverage.
- Liability coverage—If you are at fault in a wreck, this type of coverage helps insure you against any damage you cause others. Most states, including Massachusetts, require drivers to carry minimum amounts of liability coverage. There are two kinds of coverage included in liability coverage:
- Property damage liability—This coverage helps pay for damage to the other driver’s property (e.g., their car).
- Bodily injury liability—This coverage helps pay for medical bills and sometimes death benefits for the other person involved in the wreck.
- Personal injury protection (PIP) coverage—This type of coverage helps you pay for the medical bills of you and your passengers if you are involved in an accident, as well as any lost wages. It covers you regardless of who is at fault for the accident. Massachusetts requires drivers to carry a minimum amount of PIP coverage.
- Uninsured motorist coverage—This type of coverage helps you cover the cost of damages caused by someone who doesn’t have auto insurance or auto liability coverage. In Massachusetts, drivers are required to carry minimum amounts of uninsured motorist coverage.
- Underinsured motorist coverage—This type of coverage helps you cover the cost of damages caused by someone who doesn’t have adequate auto insurance or auto liability coverage.
Please keep in mind that these coverages listed are among the most common to purchase. Depending on your situation, you may consider buying additional coverage, such as GAP coverage or roadside assistance coverage. Be sure to ask our agency how we can tailor your auto coverage to your needs.
How Much Auto Insurance Should I Have?
Choosing an adequate amount of auto insurance can be complicated, and it is a decision you should make with the assistance of a qualified insurance agent at Cape Wide Insurance Agency, Inc. We can discuss your auto insurance needs, Massachusetts’ insurance requirements, and any applicable requirements set forth by your lender. Together, we’ll make sure that you have the auto insurance that you need.
Where to Get Auto Insurance
If you need an auto insurance policy, you’re in the right place. The team at Cape Wide Insurance Agency, Inc. is here to help you navigate your auto insurance needs and find a policy that’s right for you—and your budget. Give us a call today to get started.