Understanding the Lingo: Auto Insurance in Glendale, AZ

For most people, buying auto insurance in Glendale, AZ, is a matter of picking the best price and hoping you have the right coverage options. That’s not consumers being lazy — it’s tough to navigate all the industry-specific language and technical terms used in most policy documents. When it matters most, though, understanding your insurance can be critical to your personal and financial wellbeing.

Henderson Anderson Insurance helps clients navigate the coverage market every day, and we understand how important it is to pick apart words and phrases that could make a major difference in your policy. Let’s take a look at some common terms and what they mean:

Coverage Types — Typically, most policies fall into either collision coverage or comprehensive coverage. The key difference is that collision coverage only pays for damage caused in an auto accident, while a comprehensive plan also helps you handle damage to your vehicle from other sources like falling limbs or severe weather.

Fault — Exactly what your provider may cover often depends on who is at fault for the accident. In cases where you are held responsible, your provider will also cover damage and injuries for the other parties involved, which may impact your coverage in the future.

Uninsured Motorist Coverage — This is a crucial type of protection that pays for lost wages, treatment, and other costs when you’re in a collision with someone who is at fault, but doesn’t carry their own insurance. It’s not included in all policies, so be sure to check.

Of course, there are too many terms to cover in any quick guide. If you’re considering an auto insurance policy plan, the best way to protect yourself from gaps in protection is to work with an agent who can explain the specifics of your situation.