Taylor & Associates and our insurance carriers offer many flexible payment plans including, monthly, quarterly, semi-annual, or annual. We also offer the flexibility for automatic payment by Electronic Funds Payment (EFT) or bill by mail and most of our companies will allow a single direct payment by phone or by their website.
Auto insurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy.
An auto insurance policy is comprised of six different kinds of coverage. Most states require you to buy some, but not all, of these coverages. If you’re financing or leasing a car, your lender or leasing company may also have requirements.
Property coverage pays for damage to or theft of your car. Types of coverage include Collision and Comprehensive coverage also know as Other than Collision.
Liability coverage pays for your legal responsibility to others for bodily injury and/or property damage. Find out more information on liability limits.
Medical Expense coverage pays for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses. This coverage applies to you and the people in your vehicle.
Un/Under Insured Motorist coverage is for your personal injury in the event you are injured by someone who either doesn’t have auto insurance or doesn’t have enough coverage.
Towing/Disablement coverage pays some of the expense of common roadside breakdowns. Some of the things covered by this would be, jump-starts, lock-outs, small amounts of fuel if you run out.
Rental Cost coverage helps cover the cost of a rental car expense that you may incur while your vehicle is being repaired for damages covered by your auto insurance policy.
If you’re in an accident or your car is stolen, it will cost money, often a lot of money, to fix or replace it.
If you or any passengers are injured in an accident, medical costs can be extremely expensive.
If you or your car is responsible for damage or injury to others, you may be sued for much more than you’re worth.
Not only is having insurance a prudent financial decision, many states require you to have at least some coverage. In Ohio the law requires every licensed driver and vehicle to be insured to at least the state minimum coverage of $25,000/$50,000/$25,000. (Bodily Injury Per Person/Bodily Injury Per Accident/Property Damage) (Just because the law requires this minimum rate of insurance doesn’t mean that would be enough coverage for you and your family. Please call us to discuss what coverage limits mean and to help you determine what limits you should have. (937) 962-2123
Your Independent Agent is an advocate for finding auto insurance that meets your specific needs. Here are a few things to consider as you prepare for the discussion:
How much can you afford to pay if you get in an accident? To keep premiums low you may want to have a higher deductible and be willing to pay more for repairs. But don’t go overboard on deductibles. Higher deductibles can bring your premium costs down but is it enough cost difference to justify the extra out of pocket expense and can you afford that much out of pocket in the event of a claim.
What is the insurance company’s level of service and ability to pay claims? You want a reputable insurance carrier with the ability and the desire to satisfy you when you find yourself in a claims situation. Insurance carriers are rated by several industry groups such as AM Best. While those ratings are important they are not enough by themselves. Consult your agent and ask them what they have experienced about a companies reputation and ability to pay claims.
What discounts are available? see below for a breakdown of possible discounts available.
What’s the procedure for filing and settling a claim? Ask who to call and what happens after you file a claim.
What is the reputation of the agent/agency? Check out reviews on Google, Facebook and on the web.
Depending on the company there are quite a few discounts that could apply to you and your situation. What is the insurance company’s level of service and ability to pay claims?
Multi Policy (auto/home or auto/home/umbrella)
Paid In Full
Electronic Policy Delivery
Usage Based Insurance
There are so many discounts that are available depending on which company you choose. That is just another reason to choose Taylor & Associates, an independent agent, to help you find the best coverage, carrier and discounts.