Although it is illegal to be driving in Utah without insurance, many people don’t understand why. Let’s take a minute to talk about why auto insurance in Utah is important.
Accidents happen and the ability to protect all parties from losses is critical. Losses that incur from these accidents can be extremely serious. The government understands this and therefore makes auto insurance mandatory in order to minimize the risk to the public.
Think of auto insurance like this – it’s main purpose it to restore a person’s pre-accident status. If you are driving down the road and hit a curb, destroying your bumper, your auto insurance should repair the bumper and make your car look brand new. If you are driving down the highway, hit some black ice, and flip over, destroying your vehicle, your auto insurance will simply replace your vehicle.
Auto insurance companies are able to “restore a person’s pre-accident status” as long as that person has adequate coverage on his auto insurance policy. Often times, coverage that protects you in the event of any type of accident or situation is known as “full coverage” insurance. Full coverage insurance, ironically, doesn’t actually exist as a type of coverage. It is just a term that describes being sufficiently insured in case the unthinkable occurs.
The type of insurance coverage than consumers can pick and choose from include:
- Liability – Protecting other people in case you are at fault in an accident.
- Collision – Protecting your vehicle in the event of an accident.
- Comprehensive – Protecting your vehicle from things other than accidents (natural disasters, fires, etc.)
- Medical – Paying for personal injuries sustained in an accident.
Of course, like everything else in life, auto insurance does have it’s restrictions. There are limitations to any auto insurance policy. These include coverage amounts, deductibles, and exclusions. In order to properly protect yourself, make sure you have enough coverage and deductibles you can afford.
We are glad to help you determine the right coverage for you and your family. Just call or email and we’ll get right back to you to answer your questions.