Worst case scenario: you’re in an accident. Both cars are damaged. You exchange insurance information only to discover you’re not adequately covered, and not only will you have to pay out of pocket, but you’re also being sued. Sounds like a nightmare right? That’s why choosing the right car insurance policy from a trusted provider like Newfoundland and Labrador’s own Steers Insurance is so important. Keep reading to learn more.
What are the different types of car insurance coverage?
Policies vary from carrier to carrier, but most basic car insurance plans offer the following types of coverage:
- Collision coverage
Collision covers any damage your car sustains when it collides with another car or object, or if it flips over, even if the accident is your fault. - Property damage
Property damage covers damage to everything from other cars, lamp posts, fences, buildings, telephone poles and any other structure you hit with your car. - Bodily injury
Covers any harm that you cause to other people as a result of an accident. And you’ll still be protected if another listed driver was driving your car at the time. - Personal injury protection (PIP)
This coverage pays for the cost of treatment of injuries sustained by you or your passengers. It can include the cost of medical payments, lost wages and funeral expenses. - Uninsured and Unidentified auto
This coverage will reimburse you, if you are legally entitled to recover from the owner or driver of an uninsured or unidentified automobile. You’ll be protected whether you were behind the wheel or were a pedestrian at the time of the accident. - Comprehensive
Comprehensive coverage protects you in the event that your car is damaged by natural disasters like:
• Fires
• Earthquakes
• Windstorms
• Hail
• Flooding
• Wild animals
It also covers your losses if your car is stolen, vandalized, gets hit by a falling object, or is destroyed in an explosion or a riot.
How much coverage do you need?
To determine how much auto insurance you need we’ll consider:
- How often you drive
- How far you drive
- Where you live
- The age of your car
Steers Insurance can help you figure out how much coverage is right for your personal situation so you can find the policy that fits your budget and your lifestyle.
Why choose Steers Insurance?
Steers Insurance has been steering the people of Newfoundland and Labrador in the right direction for over 80 years. With Steers Insurance you’ll enjoy:
- Flexible payment options
- Zero interest options
- Air Miles
- 24/7 claim service
- 11 locations for your convenience
Contact our offices in St. John’s, Corner Brook, Labrador City or at any one of our other Newfoundland and Labrador locations for more information or to sign up for car insurance today.