Auto Insurance McKinney TXIf you're a North Texan who's a new driver or a first-time car owner, there are a lot of things you have to remember and learn. One of the most important things you have to be knowledgeable about is auto insurance in McKinney, TX. For many people, young people especially, auto insurance is often perceived as being something that is optional or that is too expensive to bother with - or both. Sadly, that perception leaves a lot of people vulnerable to serious financial problems when they do get into an accident. If you happen to be one of those drivers who doesn't know as much about auto insurance in McKinney, TX as you should, here is some basic information you need from the Insurance Information Institute:
▪ Why You Shouldn't Drive Without Insurance
In almost every state in the United States - Texas included - you must have, at the very least, liability coverage. If you are found to be without liability coverage, you could face severe penalties including paying escalating fines and fees and payment of any court costs associated with prosecuting you. You could even lose your license for a period of time if you drive - and crash - multiple times without insurance.
▪ What Auto Insurance Does
Auto insurance protects you against financial loss if you are ever in a car accident. You sign a contract with an insurance company that agrees to pay for damage to your car, another person's car and more as long as you pay your premiums. Generally, property coverage pays for damage to or theft of your car. Liability coverage pays for any damage you do to another person's property or for any bodily injuries. Medical coverage pays for the cost of medical treatment, lost wages and, often, funeral expenses.
▪ How Much Auto Insurance You Need
Though liability coverage is mandatory, other types of coverage like collision and comprehensive are optional. Collision insurance pays for your own vehicle in the case of an automobile accident and comprehensive covers other losses not accident-related, like vandalism, flood and fire. If your car is financed, the lender will likely demand that you get collision insurance in addition to liability coverage. How much insurance you get depends on how much you can afford to pay each month in premiums and how much of a deductible you want to pay should you make a claim.
▪ Where You Can Buy Auto Insurance
To buy auto insurance in McKinney, TX, you can either go straight to specific insurance company's office or you can go to an insurance agency that sells different types of insurance - auto, life, homeowner's - for a multitude of different companies. In general, an agent who works with many companies can often get you the best rate for the coverage you need because he is able to access and compare a few different sources for your insurance.
If you're looking for auto insurance in McKinney, TX, look no further than the James Flynn Insurance Agency. At the James Flynn Insurance Agency, we will give you all the information you need to get the right insurance at the right price for you. Call us at (972) 521-3880 or visit us online at www.texasinsuranceexpert.com.
Auto Insurance Frisco TX
Texas Insurance Expert
7850 Collin McKinney Parkway
McKinney, Texas
(972) 521-3880
