It is important to make sure that you have adequate coverage for all of your belongings. We can help you determine what coverage is appropriate for your needs. Call Greenwood Agency today and schedule an annual review of your policies. Our staff is available to answer any of your questions and make recommendations to save you money. The following are the 5 main coverages you need and what they cover:
Liability-includes bodily injury, property damage, uninsured and underinsured motorist, and medical payments coverage. Residents of Minnesota have personal injury protection instead of medical payments.
Collision- protects your vehicle if it collides with another object. This coverage carries a deductible and the limits are based on actual cash value basis.
Comprehensive- protects your vehicle from damage caused by fire, theft, glass breakage, weather damage, or colliding with an animal. This coverage in most cases carries a deductible.
Towing- pays a certain amount if your car is disabled from a covered loss and needs to be towed.
Rental car coverage- covers up to a certain amount towards a rental car if your vehicle is disabled from a covered loss.
Other coverage’s that are offered as “add ons” are: full replacement cost of the car, gap coverage, and underinsured motorist property damage.
Call our auto insurance agents today at 507-534-3861.