Best Auto Insurance Companies In Tennessee
AmeriAgency Quotes You With The Best Auto Insurance Companies In Tennessee
Whether you’re a new driver or just want to know a little more about the how and why, it’s good to start with a basic definition of auto insurance. Simply put, auto insurance is an agreement between you and your insurance provider about what would happen in the event of an accident. It protects you from financial losses in the event of incidents covered by your policy. Rather than being on the hook for things like repair, replacement costs and even medical bills, you pay a car insurance premium to your insurance provider and they will help cover the costs based upon the coverage and limits you choose.
Your car insurance policy serves as a contract that defines what costs the insurance company is responsible for, and under what circumstances. In exchange for these services, you are required to pay a monthly insurance bill (or “premium”) to your insurer.
While the basic concept of insurance is pretty straightforward, accidents are anything but. That’s why it’s important to know how auto insurance works, what each type of car insurance covers and how to choose the coverages that are right for you.