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You may be in the market for a new auto insurance plan or just shopping for a better deal, either way Oak Creek Insurance Agency is here to help you through the process.

Oak Creek Insurance Agency will shop the top carriers in the country to find you an auto insurance policy that is affordable and reliable. Contact us today to receive a quote on your auto insurance.

Understanding Your Auto Insurance

Auto insurance can seem confusing. But once you understand the different types of coverages that make up your policy, it’s not difficult at all. Your auto insurance is really a package of seven primary coverages. Taken together, these coverages make up a standard auto policy. Each of these coverages has its own separate premium. Your premium payment is the total of these separate premiums.

In addition to the primary coverages, for additional premiums you can also add on more coverages. Contact us to find out more.

1. Bodily Injury Liability provides protection if you injure or kill someone while operating your car. It also provides for a legal defense if another party in the accident files a lawsuit against you.
   
   In the event of a serious accident, you want enough insurance to cover a judgment against you in a lawsuit without jeopardizing your personal assets.
   
   Bodily injury liability covers injury to people, not your vehicle. Therefore, it’s a good idea to have the same level of coverage for all of your cars.
2. Property Damage Liability protects you if your car damages someone else’s property. It also provides you with legal defense if another party files a lawsuit against you. It’s a good idea to purchase enough of this insurance to cover the amount of damage your car might do to another vehicle or object.
3. Medical Payments, no-fault or personal injury protection coverage usually pays for the medical expenses of the injured driver and passengers in your car. There may also be coverage if you’re injured by a vehicle as a pedestrian.
4. Uninsured Motorists coverage pays for your injuries caused by an uninsured driver or, in some states, a hit-and-run driver, in an accident that is not your fault. In some states, there’s also uninsured motorist coverage for damage to your vehicle. Given the large number of uninsured motorists, this is very important coverage to have, even in states with no-fault insurance.
5. Comprehensive Physical Damage coverage pays for losses resulting from incidents other than collision. For example, comprehensive insurance covers damage to your car if it is stolen or damaged by flood, fire, or animals. To keep your premiums low, select as high a deductible as you feel comfortable paying out-of-pocket.
6. Collision coverage pays for damage to your car when your car hits, or is hit by, another vehicle or other object. To keep your premiums low, select as large a deductible as you feel comfortable paying out-of-pocket. For older cars, consider dropping this coverage, since coverage is normally limited to the cash value of your car.
7. Rental reimbursement coverage pays for a rental vehicle (usually up to $25 a day) when the insured's vehicle is out of commission as a result of a loss covered under comprehensive or collision coverage.

How can I save money on my Auto Insurance ?

Your auto insurance premiums can vary by hundreds of dollars, depending on the amount of coverage, your deductible, and the insurance company you choose. Many auto owners mistakenly assume that all policies and providers are the same. This type of thinking could cost you thousands of dollars in the long run. Here are some ways you can save money:

Shop around. Prices vary from company to company, so it pays to shop around. Get at least three price quotes. You can call companies directly or access information via the Internet. Your state insurance department may also provide comparisons of prices charged by major insurers.

Get quotes from different types of insurance companies. There are three types of insurance companies:

1. Those that sell directly over the phone to the consumer
2. Those that sell through their own agencies that share the name of the insurance company
3. Those that use independent agents

Price alone should not be the determining factor. Customer service and fair, efficient payment of claims are also important. You should speak to friends and co-workers about their experiences with various providers. Check with your state insurance department to research consumer complaint ratios.

Keep in mind: if you have a serious claim, these are the people you will be relying on to help you through it.

Raise your physical damage deductible. A deductible is the amount of money that you have to pay toward a loss before your insurance company starts to pay a claim. The higher your deductible, the more money you save on your premium. Consider a deductible of at least $500. If you can afford to raise it to $1,000, you can save even more.

Buy your home and auto policies from the same insurer. Ask your insurance provider if they offer discounts for multiple policies. If your provider offers auto and homeowners insurance, find out how much you’ll save and then compare that to the individual costs of your existing policies.

Ask about discounts. Most insurance providers offer a discount for items such as burglar alarms, defensive driver training, multiple vehicles, anti-lock brakes, etc. If you have your children on the policy inquire about a Good Student Discount (generally available with a B average or better on their report card). The key is to ask lots of questions before, during, and after you choose a policy and a provider.