Personal Auto Insurance policies (PAP) protect you from the following losses:
- Physical Damage to your autos – referred to as Comprehensive and Collision
- Liability – referred to as Bodily Injury/Property Damage
- Medical Payments – “no fault” coverage for medical expenses
- Uninsured/Underinsured Motorists – coverage for bodily injury following an accident by an uninsured or under-insured driver
In a report by the Insurance Information Institute, it was shown that in 2016 there were $88M of liability losses paid out. Protect your personal assets and your autos from lawsuits and physical damage. Get competitive rates from Shields Insurance.
Unscheduled Household Drivers
Failure to schedule all household drivers on your auto policy could result in uninsured claims if that driver ever gets behind the wheel.
If your auto is owned by your business (or any business, for that matter), then you cannot insure it in your personal name. Personal auto policies specifically exclude such circumstances. These must be covered under a Business Auto Policy.
Personal Auto Insurance, clearly, won’t protect you from every type of exposure you may face. As a result, there are other types of insurance designed to meet your entire needs.
Here are a few:
>> LEARN ABOUT OTHER PERSONAL INSURANCE SOLUTIONS
Lets Reduce Your Rates and Improve Coverage
Most people don’t understand their unique risks or their insurance and are therefore buying the wrong coverage and paying too much. If you work with our insurance agency, we will implement our simple 3-step process to identify your key exposures, improve insurance coverage and reduce rates.