Common Car Insurance Terms

by Administrator 30. April 2019 06:55

Being aware of commonly used terms when buying car insurance is extremely helpful. This knowledge can help you in choosing a suitable coverage. 

Following are car insurance terms that every buyer should be aware of:

  • Depreciation: This term refers to the decrease in the value of your car over time as you use it.
  • Premium: An amount that the policy holder pays to an insurer for covering the risks stated in the policy. It can be paid monthly, quarterly or every six months.
  • Deductible: It is the amount paid out of your pocket in case of damage prior to any reimbursement by the insurance company. Higher deductible results in lower monthly payments and vice-versa.
  • Collision Coverage: This is an optional coverage that covers damage caused to your vehicle as a result of colliding with another car or object. 
  • Comprehensive Coverage: This coverage pays for the damage caused to your vehicle due to reasons other than a collision. Some covered incidents are theft, broken windows, storms, striking with an animal or a falling object, etc.
  • Declaration Page: This is a page that mentions the summary of coverage you have, its limit & cost as well as information about the vehicle covered.
  • Liability Insurance: The minimum amount of insurance that every vehicle owner is required to carry. It covers damages and injuries caused to the other party due to your fault. It usually has three parts: bodily injury liability per person, bodily injury liability per accident and property damage liability. 
  • Medical Payments Coverage: Also known as MedPay, it covers the expenses for medical bills associated with an accident irrespective of who is at fault. Also, the coverage pays for funeral expenses in the event of death caused due to an auto accident.
  • Uninsured Motorist Coverage: It covers you and your co-passengers in case of injuries or death in an accident if the accident is caused by other driver who is uninsured.
  • Underinsured Motorist Coverage: If in an accident, other driver is at fault & he does not have enough insurance to cover your bills, then this coverage supports you.
  • Gap Insurance: It offers coverage if a vehicle whose lease or loan has not been paid off is stolen or damaged. The coverage protects you from ‘upside-down’ loan. It is also known as loan/lease payoff coverage.
  • Roadside Assistance: It is an add-on coverage that provides towing services in an event of flat tire, mechanical breakdown overheat, lockout and the like.

Shawn Camp Insurance Agency, Inc. offers auto insurance at affordable rates. Clients can also request instant online quote for their convenience. For more details about auto insurance in Killeen, call at (254) 526-0535. You can also visit 2705 E. Stan Schlueter Loop, Suite 101 Killeen, Texas-76542. 


Tags: ,

Reasons Your Car Insurance Claim May Be Denied

by Administrator 22. April 2019 09:06

Tags: ,

Car Insurance: What Does It Cover?

by Administrator 17. May 2018 06:27

Tags: ,

Types Of Car Insurance Policies

by Administrator 29. January 2018 06:07

The right type of car insurance policy protects car owners from repair, replacement, medical and other costs associated with car accidents. Even though car insurance policies vary from state to state, you can get a combination of insurance policies to suit your situation. The following is a list of common car insurance policies:

1. Liability Insurance
It’s best for those who just want basic coverage. It covers bodily injury liability and property damage liability. It pays for the other party’s medical bills and damage to the vehicle.

2. Collision Insurance
This policy provides additional coverage against damage caused due to collision with an object such as a tree or house.

3. Comprehensive Insurance

Comrehensive insurance covers damage caused due to factors other than an accident for instance theft or a natural disaster, vandalism to your car, etc. This type of insurance is best for those living in areas prone to natural disasters or animal strikes. Consider comprehensive insurance if your car is less than 10 years old.

4. Medical Payments Coverage
Irrespective of who caused the accident, the passengers, family members or anyone else driving your car is liable to get covered for any medical expenses. Personal injury protection limits differ from state to state but you can always purchase additional coverage as per your requirements.

5. Loan/Lease Payoff Coverage
It is also referred to as Gap. Vehicle owners who still owe a certain amount of car loan or lease a vehicle must opt for this policy coverage. It covers the upside down loan if the car is stolen and not recovered.

6. Uninsured Motorist Coverage
If an accident is caused by a driver who does not have an auto insurance, and your car gets damaged as result of the same then this insurance covers the medical bills, wages lost and other costs ensuing.

7. Underinsured Motorist Auto Insurance Coverage
You will be compensated if the driver or owner of car who is responsible for the accident is underinsured and does not have the required insurance coverage.

8. Rental Reimbursement Insurance
This insurance covers your expenses on a rental car due to an inability to use your own damaged car which can’t be driven as a result of an accident.

 9. Pet Injury Coverage
This coverage provides for an injury caused to your pet in an auto accident.

For affordable car insurance in Killeen, TX, contact Shawn Camp Insurance Agency, Inc. We are located at 2705 E. Stan Schlueter Loop, Suite 101, Killeen, Texas 76542. You can also call us at (254) 526 – 0535.

Tags: ,

Simple Car Maintenance Tips To Lower Your Insurance Premium

by Administrator 14. September 2017 10:02

Regularly maintaining you car well translates to fewer accidents on the road and this consequently affects your insurance premium. Fewer insurance claims may bring down your insurance premium or maybe an annual discount from your insurance provider. Therefore, make an effort to have a clean driving record and ensure that your car is in optimum working condition always.

Some simple car maintenance tips that can lower your insurance premium are:

  • Tires: Switch or rotate your tires often so as to guarantee even wear and tear. The time between two rotations entirely depends on your car model, tire type and usage. Regular rotation will not only prolong the life of your tires but also enhance your vehicle’s performance. Winter tires are a must for those residing in areas that receive heavy snowfall. The tread pattern and rubber used in these tires is perfect for driving in snowy conditions.
  • Oil: The number of miles you require between oil changes depends on the type of oil used in your car. The car make and model are other significant factors that determine the time period between oil changes. Regular oil changes ensure that you get better gas mileage and an improved engine performance. It is best to use high quality oil to remove debris from the engine and keep it running smoothly.
  • Lights: The headlights, brake lights and tail lights need to be in the best working condition to avoid any accident on the road. Clean and fully functional lights are important to communicate with other drivers on the road. Remove dirt or snow accumulated on the car lights and change any faulty bulbs as soon as possible.
  • Filters: The engine air filter must be completely clean because it affects the performance of your car. The air filter helps in stopping the entry of any dirt or debris into the car engine and causing damage. Prolong use of a dirty filter will reduce the car mileage, so change the air filter after every 35,000-40,000 miles.
  • Brakes: The brake pads and shoes also experience wear and tear and need to be changed after a period of time. Check the brakes regularly to detect any changes or unwanted noises. Pay attention to any screeching or grinding noises and make a trip to the mechanic at the earliest. There can also be a warning sign on your dashboard to indicate some problem in the brakes.
  • Belts: The function of the timing belt is to rotate the crankshaft and camshaft so that they work in tandem with each other. This ultimately helps in smooth functioning of the engine valves and keeps your vehicle in good working condition. Any fault in the timing belts can cause serious damage to the engine, so replace the belts after every 60,000 to 100,000 miles.

For affordable car insurance in Killeen, TX, contact Shawn Camp Insurance Agency, Inc. We are located at 2705 E. Stan Schlueter Loop, Suite 101, Killeen, Texas 76542. You can also call us at (254) 526 – 0535.

Tags: ,

Steps To Get Cheap Car Insurance

by Administrator 24. August 2017 15:44

Tags: ,

Save Money On Teen Driver Insurance

by Administrator 18. August 2017 15:50

Teen driving comes with its own set of potential risks on the road. Apart from the safe and responsible driving, it is also imperative to have a requisite insurance policy. Teen driver insurance costs are high owing to the high risk factor that it poses for the insurance companies. However, there are a number of ways that can help in saving money on teen driver insurance. It is important to be aware about what you can do to get a comprehensive teen driver insurance policy without putting a load on your pocket.

Since adding a teen driver to your car insurance policy can bring in additional costs, you can implement the following ways to reduce the expenditure:

  • Encourage your teen to get good grades: There are a number of car insurance companies that offer discounts to teenagers who earn top grades in high school or college. However, only those students qualify for the discount who are enrolled full-time in high school or college. Teenagers getting education through an academic home-study program are also eligible for teen driver insurance discount. The amount of discount provided by the insurance company can differ from one state to the other.
  • Get your teen enrolled in a driving course: The number of teenagers involved in road accidents is quite high as compared to drivers of any other age group. Therefore, it is best to get your teen enrolled in a safety course that can give him/her the requisite experience for driving on road. Moreover, this can help in providing teen driver discounts on the insurance policy as a safety course eventually reduces the risk of accidents or collisions on the road.
  • Get an old or used vehicle for your teen: The type of car being driven is one of the major factors that contribute towards determining the premium rates. Therefore, luxury vehicles, sports cars or other brand-new cars will have higher premium insurance rates. So it is best to opt for a low-end model or a used vehicle while handing over the car keys to your teen.
  • Get safety features installed in the car: Cost-saving safety features such as anti-theft alarm and electronic stability control can go a long way in bringing down the insurance costs. These insurance discounts can vary from one state to the other, so it is best to check out with your insurance provider regarding discounts for including safety features in your four-wheeler. Not only will you get financial savings, but your teenager will also be fully-protected while driving on the road.
  • Use technology to keep a track on teen driving: There are many insurance companies that offer electronic devices for keeping a check on teen driving habits. These devices can be easily installed under the car’s dashboard and keep a tab on how someone drives. An online report card is generated that can be monitored by families to regulate teen driving. The drivers who meet certain benchmarks in terms of miles covered, number of hours driven, frequency of brakes applied and speed limits can get up to 30% discount on insurance premiums.

Tags: ,

Car Accident: What You Should Do

by Administrator 17. July 2017 11:02

Tags: ,

Questions To Ask Before Buying Car Insurance

by Administrator 28. March 2017 05:05

Tags: ,

What Is Comprehensive Car Insurance Coverage?

by Administrator 26. January 2017 18:52

If you are looking for a car insurance policy, you may have across a myriad of coverage options, leaving you completely confused about which of them to choose. Having a complete understanding and comparing the different insurance plans is essential to make a well informed decision.

Given below is detailed information about comprehensive car insurance coverage and how it can protect you against unexpected financial liabilities.

Comprehensive Coverage: Overview

Comprehensive auto insurance helps to safeguard your vehicle from any sort of damage caused due to unforeseen circumstances, other than motor vehicle collisions. The policy will pay for the cost of repairing or replacing the damaged parts, up to the coverage limits. If your car is totaled, you may also be entitled to complete coverage according to the current market value of the same make and model.

Why Do You Need Comprehensive Coverage?

In some states, buying comprehensive coverage is a legal requirement for car insurance policy holders. This is important for you to have the complete possession of your vehicle. Also, if you are planning to get the car financed, your lender may require full coverage. The loan agreement may include a clause stating that your car is protected against all types of physical damage with comprehensive and collision insurance coverage. People who use their car to commute on a daily basis or park it in a location where it is at risk of being stolen, buying comprehensive coverage becomes a necessity.

What Does Comprehensive Insurance Cover?

Situations in which comprehensive car insurance can protect you include:

  • Theft: If your car gets stolen, you can file a claim with your insurance provider to receive its actual cash value. There is a certain time period, most commonly 30 days, for your car to be considered as stolen.
  • Fire Damage: Whether the fire was caused due to a faulty engine, fuel system leak or due to your own negligence, comprehensive coverage will protect you from any financial liability.
  • Natural Disasters: Damage to the vehicle due to natural disasters such as tornado or hurricane is also included in comprehensive auto insurance coverage. However, you may need to confirm with your agent about the specific natural disasters included in the policy.
  • Vandalism: Any kind of vandalism to your car including being painted or scratched by the kids while it was parked on the street is covered by comprehensive auto insurance.
  • Windshield Damage: The cost to repair chipped and cracked windshields, irrespective of the cause, is provided by this coverage. Any other glass damage, including back glass, sunroof or windows, is also covered.
  • Hail Damage: Hailstorm is quite unpredictable and can cause serious damage if you have not parked your car in the garage. However, if you have comprehensive coverage you do not worry about the dents in your car.
  • Falling Objects: In case of damage due to the car being smashed under a fallen tree, comprehensive insurance can save you from the exorbitant repair costs.
  • Animal Accidents: If you accidentally hit an animal on the road, the policy will reimburse the cost of repairing the vehicle. 

Besides the above mentioned instances, comprehensive insurance coverage will also provide protection when your car has suffered wear and tear while in storage. When you do to drive the car for a long period of time, it may lead to physical damage and mechanical issues. If you have bought comprehensive coverage, the policy will take care of all the repair expenses.

What Is Not Covered Under Comprehensive Insurance?

  • Damage to the car due to a motor vehicle collision
  • Medical expenses and lost income for you and your fellow passengers
  • Damage to the other vehicle in an accident
  • Treatment costs, legal expenses or lost wages of another person due to an accident

We, at Shawn Camp Insurance Agency, Inc., offer a wide range of car insurance policies to the clients in Killeen, TX. Our agents will help you to compare the different coverage options and choose the most suitable ones that provide complete financial protection. For more information, you can call us at (254) 526 - 0535 or visit our office at 2705 E. Stan Schlueter Loop, Suite 101, Killeen, Texas 76542.

Tags: ,