Importance of Securing Auto Insurance This 2020

​Car insurance may seem impractical in this pandemic, but there is always urgency for this investment. With restrictions on public transportation, private vehicles are very much a necessity these days. An increase in the use of these for movement equates to an increase in vehicular accidents as well.

Understanding Auto Insurance
Safety should always be considered as there is no assurance over what could happen next. Knowing the basics of auto insurance is crucial in deciding to invest in one.

1. Auto insurance covers property payments in case the car is stolen or damaged.
2. It also pays for liability damages in case of injury or property damage done when using the vehicle.
3. Medical coverage for injuries as well as funeral expenses and lost wages are also usually covered. 

Coverage and Exceptions
Paying for insurance requires an understanding of who and what exactly the policy covers. This knowledge will help the client make a more informed decision for customizing and renewing coverages.

1. Primary benefactors include the client regardless of whether they own the car that they are driving.
2. Immediate family members listed in the policy are also beneficiaries.
3. Persons driving the car of the policyholder with their consent are also insured.
4. Coverage is only for the use of vehicles on personal errands and not commercial activities like delivery and ride-on services.

Additional Coverages
To be able to effectively invest in the appropriate auto insurance, one has to understand its basic components. There are some coverages required by federal governments which should be noted. Also, there are extended coverages that could be obtained for broader protection.

1. Uninsured motorist coverage pays for damages done on the client by an uninsured motorist or in case of hit-and-run accidents.
2. Collision coverages pay for damage to the car in case it collides with another vehicle or an object.
3. Comprehensive coverage pays for specified damages that are not caused by a collision.
4. Glass coverage pays for damage on the windshield and even other glass parts of the vehicle.

Conclusion
The COVID-19 pandemic showed that being a step ahead is critical and this does not translate to just health responsibilities. Safety amidst this crisis should be a priority and getting car insurance is one way to do so. Since people are now traveling privately more often, investing in this type of insurance has become an urgent responsibility.

At Old Bay Insurance Agency, Inc., we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (410) 777-5390. Get your free quote today by CLICKING HERE.