Auto insurance is a legally binding contract between you and your insurance provider. The insurer agrees to cover the agreed premium and the insured pays the insurance premium to the insurer each month. Auto insurance offers liability, property, and medical insurance: Property coverage covers the cost of damage to or theft of the car; liability coverage pays for accidents that occur other than collisions. Medical coverage generally pays the costs of treatment for injuries to or death of you or a passenger in an accident. Some policies also include breakdown cover, rental car coverage, rental insurance, and emergency assistance.
A deductible is an amount you agree to accept with the insurance carrier prior to the insurance covering the accident or damage. Some drivers choose higher deductibles to reduce their monthly insurance premium; however, if you choose a high deductible you may end up paying out of pocket for damages in the event of a collision or accident.
Brokers like max j pollack & sons provide insurance policies through a third-party agency. Most car dealerships and auto insurance brokers sell insurance policies through their own affiliate agencies. These brokers may be the best source for your insurance needs as they are usually more reputable and can provide you with a better deal. When shopping around online, you should use Max J. Pollack Insurance for all your insurance needs.