Understanding Auto Insurance


Understanding Auto Insurance

Auto insurance protects you against financial loss if you have an accident.

It is a contract between you and the insurance company.

You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy.

An auto insurance policy is comprised of six different types of coverage:

  • Bodily Injury Liability
    For injuries the policyholder causes to someone else.
  • Medical Payments or Personal Injury Protection (PIP)
    For treatment of injuries to the driver and passengers of the policyholder's car. At its broadest, PIP can cover medical payments, lost wages and the cost of replacing services normally performed by someone injured in an auto accident.
  • Property Damage Liability
    For damage the policyholder caused to someone else's property.
  • Collision Insurance
    For damage to the policyholder's car from a collision. The collision could be with another vehicle, a light post, fire hydrant, etc.
  • Comprehensive Insurance
    For damage to the policyholder's car that doesn't involve a collision with another car. Covered risks include fire, theft, falling objects, missiles, explosion, earthquake, flood, riot and civil commotion.
  • Uninsured Motorist Coverage
    For treatment of policyholder's injuries as a result of collision with an uninsured driver. Under insured motorist coverage can also be included in an auto policy. Under insured motorist coverage comes into play when an at-fault driver has auto liability insurance, but the limit of insurance is inadequate to pay for your damages.

Personalized Insurance For You!

Where it be for you vacant lot, car, business

Lock Insurance Has You Covered!

Locations

Lakeland Office


225 Doris Dr
Lakeland, FL 33813
United States (US)
Phone:
863-646-4300

Davenport Office


42721 HWY 27 Suite #102
Davenport, FL 33837
United States (US)
Phone:
407-720-4700

Lock Insurance

Business Hours

Customer Reviews

StatisticsReview of Lock Insurance

Insurance Partners

Insurance Partners

>