When you are a driver, you need to think about protecting your car and that means having auto insurance. You also need to protect your assets and that is what basic auto insurance is all about. At New American Insurance in Columbia, SC, we use our expertise as independent insurance agents to make sure our clients have the right insurance to meet their needs.
In South Carolina, basic auto insurance is 25/50/25. This is strictly liability insurance. $25,000 for one person hurt in an accident where you are the driver at fault with a total of $50,000 for all injuries in the accident. Another $25,000 is for damage done to the property. These are reasonable amounts of coverage if you don’t have a lot of assets.
If you have a loan on your vehicle or you are leasing, you will need to have additional insurance to cover the vehicle itself. This means adding collisions and comprehensive coverage to your policy.
Collision coverage will help to pay for damage to your vehicle in an accident you are responsible for. It will also pay for the damage as a result of a one-car accident or a hit and run. It comes with a deductible that must be met before coverage begins.
Comprehensive covers your auto for theft and other damage not resulting from a collision. It covers things like floods, potholes, vandalism, and damage caused by the weather. It also includes glass coverage which will fix or replace your windshield for free with no deductible.
The answer to the question is basic auto insurance ever enough is yes. If you have few assets, an older car with no loan, and can afford to repair your vehicle if it is damaged, then go for it.
Contact New American Insurance in Columbia, SC for your auto insurance needs.