What Auto Insurance Coverages Are Available?
Let's break down some common auto insurance coverages you might encounter in Oklahoma. Remember, the specifics can vary depending on your policy and insurance provider, but here's a general overview:
1. **Liability Coverage:** This is the foundation of auto insurance and is required in Oklahoma. It covers bodily injury and property damage you might cause to others in an accident. It helps pay for medical bills, legal fees, and property repairs for the other party. Oklahoma minimum is 25/50
2. **Uninsured/Underinsured Motorist Coverage:** This coverage steps in if you're in an accident with a driver who doesn't have insurance or doesn't have enough coverage to pay for damages. It helps cover your medical bills and property damage when the at-fault driver can't.
3. **Personal Injury Protection (PIP):** PIP covers your medical expenses and those of your passengers regardless of who's at fault in an accident. It can also cover other expenses like lost wages and funeral costs.
4. **Collision Coverage:** This coverage helps repair or replace your vehicle if it's damaged in a collision, regardless of who's at fault. It usually comes with a deductible.
5. **Comprehensive Coverage:** Also known as "other than collision" coverage, this pays for damage to your vehicle caused by things like theft, vandalism, weather events, and collisions with animals.
6. **Medical Payments Coverage:** Similar to PIP, medical payments coverage helps pay for medical expenses for you and your passengers, regardless of fault. It covers medical costs beyond what your health insurance might cover.
7. **Rental Reimbursement:** If your car is being repaired due to a covered claim, rental reimbursement coverage helps pay for a rental car while yours is in the shop.
8. **Towing and Labor Coverage:** This covers the costs of towing your car to a repair shop and might include other roadside assistance services like tire changes, fuel delivery, and jump-starts.
9. **Gap Insurance:** If your car is totaled and you owe more on your auto loan than the car's actual value, gap insurance covers the difference between what you owe and what the car is worth.
10. **Custom Equipment Coverage:** If you've added aftermarket parts or equipment to your vehicle, this coverage helps protect those customizations.
At Durant Insurance, we can help you navigate the ins & outs of auto insurance coverage... without a GPS.
Whether it's for your car, truck, or motorcycle, Durant Insurance Center has the coverage you need.
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