Vehicle insurance is just that: insurance that covers a vehicle whether that is a car, truck, RV, motorcycle, boat or ATV.
There are several different coverages that make up an auto insurance policy:
- Liability Vehicle Insurance
Liability pays for losses that you cause to others up to the limit of the policy. The State of Arkansas requires that everyone carries liability coverage with a limit of at least $25,000/$50,000/$25,000, which means $25,000 of bodily injury coverage for any one person that is injured, $50,000 of bodily injury coverage total from any once accident, and $25,000 of property damage coverage. - Uninsured Motorist Coverage
Uninsured motorist coverage covers you and your vehicle in the event you are in an accident with someone who doesn’t have insurance. - Underinsured Motorist Coverage
This covers you in the event you are in an accident with someone and they don’t have enough insurance to coverage your injuries - Medical Payments
Medical payments covers you and people in your vehicle regardless of who is at fault for an accident - Work Loss
Work Loss helps to cover the loss you would experience if you can’t work as the result of an accident - Accidental Death
Accidental Death Insurance pays a set amount in the event someone in your vehicle is killed in an accident - Collision Vehicle Insurance
Collision Vehicle Insurance covers your vehicle if it collides with something - Comprehensive Vehicle Insurance
Comprehensive insurance covers your vehicle in the event of a fire, theft, hail, etc. - Rental Car Coverage
Rental Car Coverage pays a set amount towards the cost of a rent car if you vehicle is damaged - Towing & Labor
Towing & Labor Insurance pays a set amount in the event you need your vehicle towed, jump started, etc.
Discounts
One of the first things people want to know is how to save money on their insurance. Below is a list of some of the many discounts available on your auto insurance:
- Safe Driver
- Multi-policy discount
- Multi-Car
- New Car
- Claims Free
- Early Signing Discount
- Anti-Theft System
- Anti-Lock Break
- Defensive Driver Training
- Driver’s Education
- Good Student
- Paid in Full
- Electronic Draft
- Electronic Policy