Tag Archives: accident

Auto Insurance: Do you have what you need?

For me auto insurance has always been one of those things that I’ve had on auto-pilot.  I pay for it, hope I never need it, and I forget about it.  Until last Wednesday.  That’s the day that PA-322 emerged victorious in the battle of Prius versus snow covered roads.  And, after thankfully escaping unharmed and driving the damaged car away from the scene of the accident, that’s the night I started paying a lot closer attention to my auto insurance policy.

auto insurance

When you set up your car insurance, there are a lot of things you need to pay attention to:

  • How much is your deductible?  The lower your deductible, the more you’ll pay each year for your insurance,but the less you’ll pay in case of a claim.  I opted to keep my deductible low, so now I only have to come up with $250.  My insurance company is going to cover all of the rest of the bill to repair the car.
  • Do you need comprehensive insurance?  If you carry only the state minimum insurance, that covers only liability and possibly collision.  Collision actually would have been enough for my accident.  But on that very same snowy day a friend of mine hit a deer.  And he was not carrying comprehensive insurance.  His accident was not covered.  At all.  Comprehensive covers you against things like theft (of either the vehicle or property within), glass breakage, damage resulting from something other than a collision (such as fire or falling objects) and damage from hitting an animal.  There’s a reasonably good chance that one of these things (especially the deer situation) could happen in central Pennsylvania, so if you are not carrying comprehensive insurance, it might be worth adding it.
  • Do you need a replacement vehicle during repairs?  I do pay a little extra to cover the cost of a rental car during the time my car is being repaired.  It turns out I didn’t really need it this time, so I’m saving myself a little money (my insurance covers only 80% of rental car expense) and living as part of a one-car family until my Prius is repaired in a week or so.  (I’m grateful that my friends were willing to cart me around for a day until we sorted out the details of how to make that work!)  But if you can’t get by without your car, rental replacement is coverage you should consider.
  • How much work do you have to do up front after an accident?  I’m feeling very fortunate that my insurance company has been wonderful through this process.  They have a deal with several area auto repair shops where I can take my car without having to have an insurance person come view the car and without having to get multiple estimates.  As long as I stick with the preferred shops (and the one I would have chosen anyway was on the list!), then I just take it in and forget it.  The insurance company will accept their estimate without comparing it to others.  And the insurance company will make payment directly to the auto shop.  I just have to wait for the repairs to be complete then pay my deductible to the auto shop when the work is done.  Amazingly easy.  And that’s a really big deal.  How does it work with your insurance company?

No one ever wants to think about using their auto insurance.  But the day is likely to come when you’ll need to.  Do you have enough coverage?  Can you afford your deductible?  Will your insurance company be easy to work with after an accident?  It’s definitely better to think about these things BEFORE you find yourself losing a battle against a snowy road or a wayward deer.