Pros And Cons Of Purchasing Comprehensive Auto Insurance

The agents of Luebbering Insurance Agency, LLC in Jefferson City, MO have an expertise when it comes to types of car insurance. There are four common types of auto insurance coverage including liability, collision, uninsured/underinsured motorist, and comprehensive coverage.

Understanding Auto Policies

The question of what is the best auto insurance coverage requires the understanding of the purpose of the coverage. Collision and comprehensive coverage address different events that damage cars. It is not uncommon to confuse comprehensive insurance with collision insurance. Whether or not to accept collision coverage is based upon a simple cost-benefit analysis, comparing the value of your car with the cost of repairing the vehicle.

Comprehensive insurance and collision coverage both insure your car from damages by different events. Collision covers car accidents. The advantage of comprehensive coverage is for such events that are out of control of the car’s owner such as theft, Acts of God, damages caused by animals, riots, floods, vandalism, and fire. It is clear that coverage for a theft of a car is one of the best reasons to purchase comprehensive coverage especially if your car is costly or you live in an area of frequent car thefts. 

The disadvantage of comprehensive coverage is the higher price of the premiums that exceeds the cost of collision coverage. Further, comprehensive coverage triggers such features as insurance riders for any rental car options, or emergency roadside services. The only way to reduce the charge is to cancel these services. Riders to collision coverage could make it less expensive than comprehensive coverage such as having a garage for a car to make it less exposed to vandalism.

Luebbering Insurance Agency, LLC in Jefferson City, MO will provide you with the auto insurance coverage that best meets your needs. Please call us for a quote and to have your questions answered!

Who Can Be Covered Under a Missouri Auto Insurance Policy

Every driver in the State of Missouri is required to have an active policy on their vehicles, or they could be faced with certain penalties. You must have the following minimum amounts of liability coverage:

•    $25,000 per person for bodily injury
•    $50,000 per accident for bodily injury
•    $10,000 per accident for property damage

You’re also required to have uninsured motorist coverage of at least $25,000 in bodily injury for every person and at least $50,000 in bodily injury for every accident, and you must make sure that you have proof of insurance inside your vehicle at all times.

Covered Individuals in a Missouri Auto Insurance Policy

If you have a Missouri auto insurance policy, it will cover the following individuals:

•    The person who has been listed on the policy
•    Any spouse or family member who is living in the same household
•    Any other person who has been given permission to drive the vehicle

You can name specific individuals that you want to exclude from the policy, which can include any family members who live in your home. Some policies will only provide the minimum liability limits to any other person who is not living in the same household even if the limits are higher.

Finding the Right Auto Insurance Policy in the State of Missouri

If you live in Columbia or Jefferson City, MO and you want to find an auto insurance policy that meets state-required minimums, Luebbering Insurance Agency, LLC has experts who can find a plan that will meet your needs and fit your budget. Our team has a thorough understanding of insurance regulations in the State of Missouri, and we can help you get a policy that’s right for you and your family.

If you want to find a great auto insurance agency in Jefferson City, MO, get in touch with Luebbering Insurance Agency, LLC today! Our agents are ready to work on your policy and address any questions or concerns you may have.