Auto Insurance in Moncks Corner, SC
Auto insurance may help provide financial protection from liability claims, injuries and property damage, depending on the coverage included within the policy. This makes it a smart investment for any car owner, and in South Carolina auto insurance is even required by law. Contact Carey Insurance LLC today to learn more about your auto insurance coverage options and compare car insurance quotes.
How Auto Insurance Works
Auto insurance is a contract between a policyholder and an insurance company designed to provide financial protection in case of an accident or covered incident. In basic terms, a policyholder pays a premium to an insurance company, which will then help pay for incidents covered under the policy. Insurers use certain information to determine premiums, including the policyholder’s driving history, age and specific policy coverage details. In the event of a covered incident, the insurance company may help cover the cost of repairs, medical expenses or liability claims, up to the specified limits outlined in the policy.
Auto insurance is highly customizable. Your agent can help you get appropriate coverage.
How Auto Insurance Deductibles Work
An auto insurance deductible is the amount policyholders agree to pay out of pocket toward a claim before their insurance coverage kicks in. When a covered claim is made, the deductible is subtracted from the total cost of repairs or damages.
Insurers do not require policyholders to pay a deductible for liability claims.
How Auto Insurance Claims Work
Policyholders report an incident or accident to their insurance company by filing a claim. An adjuster is assigned to assess the claim and determine what’s covered under the policy and in what amounts. If the claim is approved, the insurance company will either pay for the repairs directly or reimburse the policyholder for the costs incurred, based on the policy’s coverage limits and deductibles.
Auto Insurance Required by Law in South Carolina
All South Carolina drivers must have minimum liability and uninsured motorist coverage to comply with state laws.
Liability insurance may help pay for a driver’s legal liability for accident-related third-party injuries and property damage up to the policy’s dollar limits. Uninsured motorist coverage may help pay for a policyholder’s accident-related injuries and property damage if the other driver is responsible for the accident and is uninsured or the policyholder is the victim of a hit-and-run accident.
Depending on your situation, your agent may recommend that you purchase more than South Carolina’s minimum liability and uninsured motorist coverage.
Contact Us
Contact Carey Insurance LLC in Moncks Corner, SC, for a personalized car insurance quote that fits your needs and budget.