Car Insurance Coverages
- Liability
- Medical Payments / Personal Injury Protection
- Uninsured / Underinsured Motorists
- Collision
- Comprehensive
Car Insurance Benefits
- Accident Forgiveness
- New Car Replacement
- Unlimited Rental
- Multi-Policy Discount
5 PRIMARY REASONS THAT KEEP INSURANCE RATES CLIMBING
(Source: Liberty Mutual):
1. People Have Accidents
With 40 million accidents in the world each year, insurance costs are hard to decrease.
What We're Doing
By teaming up with other insurance companies and consumer groups to form "Advocates for Highway and Auto Safety," we're working on programs and legislation to impact drunk driving, safety belt use, child safety seat use and speed enforcement. Liberty Mutual also supports the Insurance Institute for Highway Safety's Vehicle Research Center
What You Can Do
Drive defensively and within speed limits.
Support legislation to crack down on drunk and reckless driving.
Support police in their traffic enforcement efforts.
Think air bags, automatic safety belts and anti-lock brakes in your next car. In bad weather, drive accordingly. Or don't go if you don't have to.
2. Cars are Expensive to Repair
To repair a totaled $24,815 automobile with manufactured replacement parts, the cost would be more than $71,000 -- and that is not including the $20 to $60 per hour labor costs.*
*Property Casualty Insurers Association of America
What We're Doing
We're working to have strong federal bumper requirements reinstated, as well as on legislation to make bumper strength ratings available in new car showrooms. We also believe in fully-guaranteed Quality Replacement Parts. Equal in quality to those from auto manufacturers, they'll keep repair costs, and our rates, down.
What You Can Do
Support legislation to improve the safety and construction of automobiles.
Accept guaranteed Quality Replacement Parts as equal to original equipment.
Buy a car with a 5 mph bumper.
3. Medical Treatment for Accident Victims is Expensive
Upward trends in medical treatment costs** in the U.S.
**U.S.
What We're Doing
We're a strong advocate of meaningful, long-term, health care reform. Short-term we hope to control medical costs by preventing and reducing the severity of injuries.
What You Can Do
Always use safety belts. Always make those riding with you use them too.
Make air bags a priority in your next car.
Drive defensively and to suit road conditions.
Don't speed.
And never drive under the influence.
4. People Steal Cars
As auto theft continues to rise, so will the cost of auto insurance.
What We're Doing
Whether it's helping initiate new laws, participating in auto theft-prevention bureaus that make grants to local police departments fighting serious theft problems, or donating electronic retrieval systems to help police to recover stolen cars, we're at the front in the war on auto theft.
What You Can Do
Park in well-lit areas.
Always lock your car and take the keys.
Install an anti-theft device in your car.
5. Some People File Fraudulent or Inflated Claims
Some people believe an accident is an opportunity to make money.
What We're Doing
Aside from having our own special investigative teams to root out fraud, we support legislation to create government-run, anti-fraud units. We're also looking to reduce lawsuits while making sure seriously injured people are fairly compensated through the enactment of meaningful no-fault laws. A good no-fault law allows people injured in auto crashes to receive their appropriate medical and wage loss benefits faster, easier and still pay lower premiums.
What You Can Do
Understand that using minor bodily injuries to gain a major cash award raises everyone's rates.
Encourage legislators and insurance officials to enact a good no-fault law.
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