What Is Uninsured Motorist Coverage? Uninsured motorist coverage is part of a car insurance policy that helps pay for your medical bills or car repairs if you’re hit by a driver who doesn’t have car insurance. Typically, when you’re in an accident and the other driver is at fault, his or her auto liability coverage would help pay for your medical bills or repairs to your car. But if the at-fault driver doesn’t have car insurance, you may have to pay out of your own pocket for those expenses. That’s where uninsured motorist coverage may help. What Is Underinsured Motorist Coverage? Underinsured motorist coverage is a protection that helps pay for your expenses if you’re hit by an underinsured driver. In some states, uninsured and underinsured motorist coverages are bundled together and offered as a single protection on your car insurance policy. So, what does it mean to be “underinsured”? It depends on where you live. Each state defines “underinsured” a bit differently. An underinsured driver has auto liability insurance but either: Their liability limits aren’t enough to cover your bills after an accident, or Their liability limits are less than or equal to your underinsured motorist coverage limit What Does Uninsured Motorist Insurance Typically Cover? Uninsured motorist coverage may offer two types of protection: Uninsured motorist bodily injury coverage helps pay for your medical expenses resulting from a crash caused by an uninsured driver. In some states this protection may extend to a family member who is driving your car, or your passengers. Uninsured motorist property damage coverage helps pay for repairs to your vehicle after a crash caused by an uninsured driver. This protection is not available in all states. Underinsured motorist coverage offers one type of protection: Underinsured motorist bodily injury coverage helps pay for your medical bills if you are hit by an underinsured driver. Is Uninsured Motorist Coverage Required? Depending on where you live, uninsured motorist coverage may be required by law: 21 states and the District of Columbia have laws that make it mandatory. Drivers in most states are legally required to carry auto liability insurance coverage. However, one in eight drivers on U.S. roads is uninsured, according to the Insurance Information Institute (III). So, it may be a good idea to consider uninsured motorist coverage, even if it’s optional where you live. Is Underinsured Motorist Coverage Required? Underinsured motorist coverage is an optional protection in most states.
If you want to be an Uber driver, insurance requirements in Georgia & South Carolina dictate that you need a distinctive type of insurance. Your car will be in a unique situation since you will use it for both personal and business reasons. There are many situations where your personal coverage and work coverage will overlap and times where there may be some gaps that may need to be filled. You will have to cover the risk you face, as well as the risk that your passengers face. If you need an affordable Uber driver insurance policy in Georgia or South Carolina Affordable Insurance has you covered.
Find Competitive Rideshare Insurance
We provide Uber driver insurance that meets the company’s requirements and keeps your car safe—and at an affordable price. Like your contract with the rideshare company, we provide an insurance policy that is flexible to your needs. You can choose what kind of policy you want and which types of coverage will provide you the best protection.
Trust in Our Service Guarantee
When you work with an insurance agency, you need one that works with you. At Affordable Insurance Agency we offer excellent customer service to ensure you always receive the personal assistance you deserve. With multiple insurance companies to choose from, together we can craft an insurance policy that meets your needs.
When you want to become an Uber driver, our insurance companies can protect you, your vehicle, and your passengers. Call (706)297-0009 today to speak with an agent and receive a free quote.
Practical things that can be done to reduce auto insurance premium?
Although many factors that affect your premium that are difficult to change, such as where you live, drivers of the vehicles, your age or marital status, there are things that you can do to lower your insurance cost. When purchasing a vehicle, be aware that the type of car does affect the comprehensive and collision rates. A cars crash test results, price of replacement parts, ticket & wreck information on certain makes and models all affect auto insurance pricing. Your driving record, such as accidents and violations, can also affect your premium. It is important that you and all drivers in your household understand the implications of bad driving habits. Allstate and Progressive are now tracking daily driving habits using products that plug into your car and give feedback on a customers speed, hard breaking, and periods of the day the customer drives that may be more congested to help with factoring in the risk and price.
Having more than one vehicle on the same policy can give you a multi-car discount, and many companies will give you a discount for bundling your auto and homeowners with the same company. Increasing your deductibles will save you money on your comprehensive and collision coverages, and if you have an older vehicle, it may be worth considering whether you need these coverages. Taking an approved defensive driving course can reduce your premium. There are also safety devices on vehicles, such as air bags, anti-theft devices, gps tracking, and anti-lock brakes that can discount premiums.
Chat an Affordable Insurance Agent today, or call (706) 297-0009 for more information on our various insurance products such as auto & home insurance to investments and web security. Affordable Insurance is an independent agency that has multiple companies allowing us to quote you with the company that covers your specific coverage needs at a competitive price.
General liability insurance is often combined with property insurance in a Business Owners Policy (BOP), but it’s also available to many contractors, store owners, property owners etc. as a stand-alone coverage.
As a contractor or small business owner, you need general liability protection to safeguard your business.
A single accident could result in a lawsuit that you might not be able to afford. A great way to protect against this is to make sure you have liability coverage that matches your level of exposure.
Typically Landlords, Property Owners, or General Contractors might require you to carry a certain amount of general liability before you can work for them.
General liability insurance for contractors
If you’re a contractor, you might only want general liability – not a full Business Owners Policy. For example, you might not own any commercial buildings that require property insurance, or need to cover payroll or other operating expenses. However, you’re still exposed to liability risks from your job.
General liability insurance cost
The cost of general liability insurance is impacted by many factors. Mainly:
1)Your business type
2)Your location
3)The level of risk your company is exposed to
4)The number of employees you have
Get it all in a Business Owners Policy
General liability, along with other coverages, is available in Business Owners Policies known in short as BOP’s. By bundling the coverages together you get a more comprehensive policy covering business furniture, Commercial buildings or Storage facilities just to name a few.
•Seven in ten women agree that life insurance is a necessity and all people should have it (only 62% of men believe this to be true).
•One-third of wives own no life insurance at all – despite the fact that seven in ten households are dual income, and nearly 30% of wives earn more than their husbands.
•Women comprised 49% of the workforce in 2012 – an all-time high – yet 43% had absolutely no life insurance.
Sources: 2012 Life Insurance Awareness Month Facts From LIMRA fact sheet. “Life insurers: Don’t forget the ladies”, LifeHealthPro newsletter, 3/22/13.
negainsurance.com is the trucker’s source to stay legal and safe on the road. We offer:
1. Leased Operator Insurance 2. Bobtail Insurance 3. Occupational Accident Insurance 4. Cargo Insurance 5. Commercial Auto Liability 6. Physical Damage Insurance 7. Health Insurance and Benefits 8. Owner Operator New Authority Insurance 9. Non-Trucking Liability Insurance
Facts About Individual Owner / Operator Insurance
At negainsurance.com, we offer a variety of truck insurance policies to meet the needs of owner/operators, trucking fleets and fleets of owner/operators. We can answer any questions you may have about the different types of truck insurance we offer and what coverage each provides. The following are the answers to some frequently asked questions we encounter. If you have any other questions, don’t hesitate to give us a call!
Q: Should I package my truck payment with insurance? It sounds so easy.
A: You can, but it will probably be more expensive; definitely give us a call or an email for a quote before getting trucking insurance from a truck dealer. We’re the trucking insurance experts, and can almost assuredly get you a better price.
Q: What’s the difference between primary liability and non-trucking liability?
A: Non-trucking liability insurance is generally used by owner/operators who are leased onto a motor carrier. When you are dispatched for the motor carrier, their primary liability trucking insurance will cover you. However, if you are your own trucking company with your own customers or if you have your own authority, you will need to get your own primary liability trucking insurance.
Q: What type of trucking insurance coverage do I need to repair damages that result from an accident?
A: Physical damage insurance protects truck drivers in the event of an accident. This type of insurance is also called collision insurance.
Q: If I have to have my vehicle towed, will the cost be covered by my insurance?
A: If you need a tow because of an accident, it will be covered by your insurance. If your truck breaks down as a result of mechanical failure, it will not be covered by insurance. Breakdown/Roadside assistance is available.
Q: I am new to the trucking industry, what type of insurance coverage do I need?
A: You will probably need commercial auto liability, physical damage coverage, motor truck cargo insurance and non-owned trailer coverage. Every situation is different so it is important that you work with an agent who is experienced in providing trucking insurance. Call the experts at Affordable Insurance (706)297-0009 today for a quote.
Q: If I pay off my truck, do I still need physical damage insurance?
A: Legally, you do not need this type of coverage any longer if your truck is paid off. However, we recommend you still carry physical damage insurance as this coverage protects your truck which is your livelihood and it is important to have that protection.
Q: Can I get insurance if I have had a DUI, other infractions or a bad driving record?
A: At negainsurance.com, we make every effort to insure every type of truck driver, regardless of your past driving record. Sometimes, the premium may become prohibitive so we will work with the driver to make sure we find the policy that works for you.
Q: If I change trucking companies, can I still keep the same insurance?
A: When you change trucking companies, you can almost always keep the same insurance. Your insurance rates will probably not change at all.
Q: Is there a penalty for cancelling my insurance? Will it affect my credit?
A: You can cancel your policy at any time without a penalty. Your credit will not be affected by your cancellation. However, you will have to pay any premiums or payments that have accrued on your account before cancelling the policy.
Q: Is bobtail insurance the same as non-trucking liability insurance?
A: Although they are often used interchangeably, bobtail insurance and non-trucking liability insurance are different. Leased operators generally need non-trucking insurance but many people still refer to this type of coverage as bobtail insurance.
Q: How do I pay my trucking insurance?
A: At negainsurance.com, we make it as easy as possible to pay your trucking insurance. We take credit cards or we will automatically deduct the premium from your checking account each month. Let us know what is most convenient for you.
Q: If I have to file a claim, how long will it affect my insurance?
A: Most claims will affect your insurance premiums for three years.
Q: Should I get my trucking insurance from my truck dealer?
A: It may sound easy but it is often more expensive to get trucking insurance from the truck dealer. At Affordable Insurance, we are experts in providing trucking insurance and we can work with you and shop multilple trucking carriers to get the best rates available. Before you get an insurance policy from a dealer, give us a call for a quote and compare.
Q: What does unidentified trailer coverage insurance cover?
A: A driver may need this type of insurance if you have a trailer attached to your tractor that is not owned or long-term leased you.
Q: Can I purchase a policy that will protect my personal items in my truck?
A: Many insurance policies include an option that covers personal items through physical damage coverage. This coverage is important if you have valuable items that you carry with you on the road.
Q: What is the difference between pro-rate and short-rate?
A: If your policy is pro-rated, it means you only pay for the days you are actually insured. When your insurance company charges you for the days insured plus percentage for early cancellation, this is considered short-rate.
Q: What kind of coverage do I need if I have a lienholder?
A: Lienholders require physical damage insurance which protects their interest in case there is a trucking accident.
Q: What are some of the issues with a Motor Truck Cargo policy?
A: Every Motor Truck Cargo policy is different but some of them exclude or only partially cover certain merchandise such as electronic equipment or clothing. Some of these policies may exclude coverage completely if the truck is left loaded and unattended. Before you purchase a Motor Truck Cargo policy, talk to the professionals at Affordable Insurance about the provisions in your policy.
Q: Do I need occupational accident insurance?
A: Occupational accident insurance can be truly beneficial if you have a work-related accident or illness, especially if you don’t have health care coverage. Talk to the insurance experts at Affordable Insurance Agency to find out what type of policy would work best for you.
Q: Does Affordable Insurance Agency assist with getting permits and licenses required to operate?
A: The experienced professionals at InsureMyRig.com assist drivers in obtaining all of the permits and licenses they may need to operate their trucks safely and legally. For a small fee, we can help you with these permits, including hazardous and special permits.
For more information or to get a quote you can call Affordable Insurance Agency at 706-297-0009 or fill out the required forms on our web site.