Auto Insurance in Littleton, NH
To be a responsible driver and vehicle owner, you must adhere to various laws and regulations while maintaining appropriate loss control measures. After all, even the most experienced and accountable drivers may not be able to avoid all accidents, and failing to be prepared for the aftermath of incidents involving your car could leave you in dire financial straits. With these things in mind, understanding, acquiring and maintaining auto insurance is essential.
As its name suggests, auto insurance, also known as car insurance, is a type of coverage that provides financial security for you and your automobile. These policies establish a contractual agreement between you and your insurance company; as long as you keep up with your premiums, you can retain access to financial assistance that may be critical in limiting out-of-pocket costs and losses.
How Does Car Insurance Work?
Like many types of insurance, auto insurance can render financial aid in response to incidents covered under your policy. This type of coverage can often be heavily customized to suit your unique circumstances, including your needs, budget and preferences. Once your policy details have been established, you maintain your coverage by paying regular (e.g., monthly or annual) premiums and, in the event of an incident, may submit a claim against your insurance. If approved, your policy may then provide financial assistance up to your coverage limits and minus any applicable deductibles.
What Does Auto Insurance Cover?
Your auto insurance policy may have several components that provide specific coverage options. Some of the most common features include the following:
- Bodily injury liability coverage may help pay for losses related to third-party injuries following accidents for which you were responsible.
- Property damage liability coverage may provide financial assistance if you are at fault for damaging another party’s property.
- Collision coverage may render financial aid if your vehicle is damaged after striking another vehicle or stationary object.
- Comprehensive coverage may help you recoup losses if your vehicle is damaged in a noncollision incident, including fires, severe weather or crime.
- Medical payments coverage may compensate you and your passengers for health care costs following an accident regardless of who was at fault.
- Uninsured/underinsured motorist coverage may help you recover your financial losses if another party was at fault for an accident but lacks adequate insurance.
Do I Need Car Insurance?
Auto insurance is among the most commonly purchased types of coverage across the United States and, in most cases, it is legally required. In New Hampshire, drivers are required to prove financial responsibility in the event of an at-fault accident. Most satisfy this requirement by carrying minimum levels auto insurance, which includes bodily injury liability, property damage liability, uninsured and underinsured motorist, and medical payments coverage. Beyond these insurance options, additional coverage is often advisable, as lacking appropriate insurance following an accident could leave you without the means to repair your vehicle or manage out-of-pocket expenses.
Get the Right Coverage
At Hunkins & Eaton Insurance Agency, we have a history of service dating back to 1880. Our team has the knowledge and experience to help motorists, families and businesses in the Littleton area understand their insurance needs and maintain optimal coverage. Contact us today to get started.