Auto Insurance

There are a staggering amount insurance companies claiming to get you the best rate with various policy options to chose from.  We understand the challenges and that’s where we come in! J9 Property and Casualty Insurance is an independent agency, where we scan rates and policies from many different companies to find one that fits you just right.

What is Auto Insurance?

Auto Insurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company where you agree to pay a premium and the insurance company agrees to pay your losses as defined in your policy. Most auto policies are written for six months or one year. We will notify you by mail when it’s time to renew the policy and pay your premium. There are seven types of Auto Insurance coverage that you should be aware of:

  • Bodily Injury Liability — protects you in the event that you injure or kill a person while operating your vehicle. It will also assist with legal counsel should the opposing party decide to file a lawsuit against you. You will want to think about the level of coverage necessary to cover your personal assets in the event of a serious accident.
  • Personal Injury Protection Coverage — assists in payment of medical bills for an injured driver and passengers in your car.
  • Uninsured Motorist Coverage — pays for injuries caused by an uninsured driver, or in some state a hit-and-run driver. Given the large number of uninsured motorist – 20% according to the Texas Department of Motor Vehicles (TxDMV) – this is a very important coverage to have.
  • Comprehensive Physical Damage Coverage — protects you for losses resulting from incidents other than collision. Comprehensive insurance can cover events such as floods, fire, damage by animal, or if your car is stolen.
  • Collision Coverage — pays for damage to your car if your car hits, or is hit by another vehicle or other object.
  • Property Damage Liability — protects you if your car damages someone else’s property. It also provides you with legal defense should another party file a lawsuit against you.
  • Rental Reimbursement Coverage — pays for a rental vehicle, usually up to $25 a day, when your vehicle is out of commission as a result of a loss covered under comprehensive or collision coverages.

Why do I need Auto Insurance?

Colorado drivers must have liability insurance, which covers only the other car and/or driver when an accident is your fault. Colorado drivers must carry liability coverage at the following minimum requirment: $25,000 per person for bodily injury. $50,000 per accident for bodily injury.

Essentially, Auto Insurance exists to help you protect yourself financially. Even if you are the best driver out there, that’s not going to stop the worst driver from wreaking havoc – potentially on you. Auto Insurance helps the insurer:

  • If you’re in an accident or your car is stolen, you Auto Insurance will help pay for costs to replace or repair.
  • If you or any passengers are injured in an accident, your Auto Insurance can help subsidize medical bills.
  • If you or your car is responsible for damage or injury to others, your Auto Insurance can help assume legal costs.
  • Most states require some form of Auto Insurance, so it helps you follow the law!