Auto Insurance FAQs
Does my kid need to get their own auto insurance when they go to college?
In most situations, your kid is still considered a household member when they are away at school and they should still be listed as a driver on your auto insurance. Once they are no longer considered your dependent, they are completely financially independent from you, and they have their own primary mailing address, they are no longer considered a household member and cannot be covered under your insurance.
For more tips about insuring your kid while they are in college, see our blog Read this guide if you're sending your kid to college.
What is “Full Coverage”?
Though it is a term used often in insurance, there is really no such thing as “Full Coverage.” Often times when that phrase is used, it simply refers to having optional coverages on your vehicle in addition to the liability coverage that is required by law. Since every insurance carrier offers different coverages, there is no common grouping of coverages that falls under the term “Full Coverage.”
How is Medical Payments coverage different from Uninsured/Underinsured Motorist coverage?
Medical payments coverage usually has a limit of $5,000 per person, though that can vary, and it extends for injuries sustained by you and the passengers in your vehicle, regardless of who is at-fault in the accident. Uninsured/Underinsured Motorist coverage is also for you and the passengers in your vehicle, but the limits generally match the liability limits on your policy, and the coverage will not extend if you are at-fault in an accident. Uninsured Motorist coverage will extend if you are hit by someone who does not have insurance, or who flees the scene of the accident. Underinsured Motorist coverage will extend if the other driver is at-fault but their coverage is less than yours and is insufficient to pay for all of the injuries incurred in the accident.
Our blog Pay only for what you need? This is why you need Uninsured Motorist coverage explains why it is important to have Uninsured Motorist coverage.
What is “Comprehensive” coverage?
Comprehensive coverage pays for damage to your vehicle from causes not related to a collision. This is an optional coverage that you can add to your auto policy for additional premium. Common losses covered by Comprehensive coverage include fire, theft, vandalism, hail, and falling objects.
Am I covered if I rent a car?
You’ll want to check with your agent or insurance company since every carrier has different guidelines, however most insurance carriers will extend the same coverage you have on your vehicles to a car that you rent. If you only have liability coverage on your vehicle, that is the only coverage that will extend to a rental car so it would be prudent to purchase coverage through the rental car company. Some carriers do have gross weight limits or usage limitations, so it is important to check that you have coverage before making any assumptions.
What can I do to lower my auto insurance costs?
Some options for lowering your insurance costs include increasing your Comprehensive and Collision deductibles and checking to make sure you are getting any applicable discounts.
See our blog, 10 ways to get the best insurance rates in Colorado without losing coverage for more tips on how to save!
Does my auto insurance cover me if I use my vehicle for delivery (pizza, Amazon, Door Dash)?
Most insurance carriers will not provide coverage for any type of delivery service, that is generally considered a commercial risk.
See our blog Food delivery drivers need to understand these three things.
Does my car insurance cover my belongings in my car?
The belongings in your car are generally covered under the Personal Property coverage on your homeowners, condo or renters insurance. Most auto policies will not cover your personal property, just the car itself.