Questions you may not know to ask
The state of Connecticut requires a vehicle to be insured for you to be able to get it registered. The minimum requirements per the state of CT is having liability with limits of at least 25/50/25. Allow me to explain what this means...
Liability breaks down into three parts: bodily injury, property damage, and uninsured/under insured motorists. Bodily injury will pay out if you hit another vehicle and the driver or their passengers are injured, your policy will pay no more than $25,000 for any one person but no more than $50,000 for the one accident/occurrence. The next section is property damage, which will pay out if you are at fault in an accident and have damaged someone else's property. State minimum limits for property damage is $25,000 per accident/occurrence. This leaves us with the third part of liability, which is the uninsured/under insured motorists coverage. These limits will normally be equal to your bodily injury limits unless an insured requests otherwise. This part of the policy will cover you or passengers in your vehicle if someone hits you resulting in bodily injury and they have no insurance or not enough coverage to cover the whole claim, at which point you are able to put a claim in against your own policy for uninsured or under insured motorists up to $25,000 per person and no more than $50,000 per accident/occurrence.
You also have the option to double the uninsured/under insured limits or choose to include conversion coverage. If you have questions about these additional uninsured/under insured motorists options, please give us a call and I will be happy to explain in detail.
Full coverage is a policy that comes with the required liability with limits that are chosen based on your personal assessment of your insurance needs as well as coverage that will pay for damage to your vehicle(s).
What this means: The two optional coverages added to an auto policy that makes up "full coverage" are comprehensive and collision. Comprehensive or "comp" covers damage to your vehicle due to fire, theft, vandalism, or hitting and animal, or any act of nature like a tree branch that fell on your vehicle. Choosing comp requires you to choose a deductible, the higher the deductible, the cheaper your insurance rates will be. Lastly, you have the option to include full glass coverage with comprehensive. There normally is no deductible for any glass claim.
There are also optional coverages that become available if you choose to include comprehensive and collision. Roadside assistance and rental reimbursement also called transportation expense, which covers a rental if your vehicle is damaged in an accident and in the shop for repair. For more details, please contact us.
The deductible applied to comprehensive, or collision claims and is the portion of the damage that you pay out of pocket and the policy pays any amount over the deductible. Choosing a lower deductible will increase the premium or decrease if you increase the deductible.
If you have a member of your household that is licensed but does not have their own insurance, they will need to be added to your policy if you allow them to drive your vehicle. If they are not a driver on your policy, there is a chance your insurance company may deny a claim if they are in an accident. If you allow someone to drive your vehicle that does not live with you, they are automatically covered if they drive your vehicle. Household members must have their own policy or be listed as a driver on yours if they are driving any vehicle on your auto policy.
Typically, the rule is, even though your child is off to college, your address is still their permanent address and must be listed on your policy even when they are away at college. We cannot tell you what and what not to do, but carriers typically require all licensed drivers in a household to be listed on the policy or carry their own coverage. In some instances, the DMV will automatically add a driver to the primary policy of the household if they find the person is not covered on a policy and your insurance company must make the change if they receive notice from the DMV, but they should notify you of the change being made to your policy, so you are aware of it.