Car insurance is not just a legal requirement, but also a crucial financial protection for vehicle owners. It provides coverage for liability to third parties, which includes bodily injury and property damage, as well as physical damage coverage for your own vehicle. However, it's important to note that each state has its own minimum liability limit requirements that drivers must meet to be considered legally compliant. While meeting these minimum limits may keep you on the right side of the law, it may not be sufficient to fully protect you and your assets in case of serious accidents where you are at fault. That's why it's highly recommended for individuals and families to carry higher liability limits to ensure adequate coverage in the event of an unexpected situation. At Stolly Insurance Group, we understand the nuances of state-specific requirements and can help you craft a car insurance policy that provides the right level of coverage to suit your unique needs and offers peace of mind on the road. 

Liability Coverage

This pays for injuries or property damage you cause to third parties in at fault auto accident. Policies can be written with split limits or combined single limits.

Medical Payments

This is a first party injury coverage for you and any passengers riding in your car in the event of an accident, regardless of fault. This coverage is designed to pay for minor to less serious injuries and often serves as a buffer to any health insurance deductible.

Uninsured/Underinsured Motorist Liability

This coverage is designed to protect you as the driver and any passengers from serious injuries caused by an uninsured or underinsured third party driver. These limits typically match your chosen liability limits and have the option of extending onto an umbrella policy as well.

Collision Coverage

This is a first party, physical damage coverage to your vehicle involved in a wreck. This will pay the cost to repair your vehicle after a deductible. Coverage for a total loss usually applies on an actual cash value basis (value of the car) determined at the time of the loss.

Comprehensive Coverage

This is a first party, physical damage coverage for your vehicle involved in a loss other than a wreck. Examples include fire, flood, theft, vandalism, and animal hits. This will pay the cost to repair your vehicle after a deductible. Coverage for a total loss usually applies on an actual cash value basis (value of the car) determined at the time of the loss

Optional Endorsements

Many companies offer additional coverage options to enhance the policy at various premiums. This can include things like towing & roadside assistance, rental reimbursement, original equipment manufacturer (OEM) parts, accident forgiveness, 1-year replacement for newer vehicles, and vanishing deductibles.

Q: What does car insurance typically cover?
A: Car insurance policies typically cover liability to third parties for bodily injury and property damage, as well as physical damage coverage for your own vehicle.

Q: What are the minimum liability limits required by the state?
A: Each state has its own minimum liability limit requirements that drivers must meet to be legally compliant. These limits vary by state and it's important to understand and meet the requirements of your state.

Q: Why is it recommended to carry higher liability limits?
A: While state minimum limits may keep you legally compliant, they may not be sufficient to fully protect you and your assets in case of serious accidents where you are at fault. Carrying higher liability limits can provide additional financial protection and safeguard your assets in case of unforeseen situations.

Q: Can I customize my car insurance policy?
A: Yes, car insurance policies can be customized to suit your unique needs. At Stolly Insurance Group, our experienced agents can help you tailor a policy that provides the right coverage options for your specific situation, ensuring that you have the protection you need without paying for unnecessary coverage.

Q: What other coverage options are available with car insurance?
A: In addition to liability and physical damage coverage, car insurance policies may offer additional optional endorsements, such as towing & roadside assistance, rental reimbursement, accident forgiveness, and vanishing deductibles, among others. These optional endorsements can further enhance your policy and provide additional protection.

Q: Why should I choose Stolly Insurance Group for my car insurance needs?
A: Stolly Insurance Group is an independent agency with access to multiple excellent-rated insurance carriers. Our experienced agents can provide you with comparative quotes and help you find the best policy that suits your unique needs and budget. We strive to provide personalized service, expert guidance, and unmatched customer satisfaction, making us the trusted choice for your car insurance needs.

Car insurance is a critical component of your overall financial plan, and having the right coverage in place can provide you with peace of mind on the road. Don't leave your financial well-being to chance, contact Stolly Insurance Group today and let us help you craft a car insurance policy that provides the protection you need for your vehicle, yourself, and your loved ones.