Category: Auto Insurance

Determining Auto Insurance Coverage with Multisurance

Many people, especially those on a budget, may be tempted to opt for the most basic auto insurance coverage. In Louisiana, that equates to liability coverage of 15/30/25. At Multisurance in New Orleans, LA, we’re here to discuss all auto insurance options and help you determine the best coverage for you.

What Does the State Minimum Cover?

The state mandatory coverage provides $15,000 in injury coverage for the first person injured in an accident and a total of $30,000 for all injuries occurring in an accident where you are at fault. The $25,000 is for property damage coverage. If you’re still financing your vehicle, this basic coverage may fall short for most lienholders, who commonly require comprehensive and collision coverage.

Understanding Collision and Comprehensive Coverage

Collision coverage protects your vehicle in case of a collision with another vehicle or with a stationary object. It also covers your vehicle if you are hit by an unseen vehicle, namely a hit-and-run incident. It comes with a deductible that applies any time you make a claim.

Comprehensive insurance covers your vehicle for damages beyond your control or theft. This includes flooding, hail damage, falling branches, cracked windshields, and vandalism. A deductible also applies to comprehensive coverage.

For many people, their vehicle forms an integral part of their life. If your vehicle were to be damaged or totaled, it could cause a significant inconvenience. Moreover, out-of-pocket expenses for repairs or replacement might be unaffordable. Having the right auto coverage could make all the difference.

Let Multisurance Help You Choose the Right Auto Insurance

Contact Multisurance in New Orleans, LA with any questions or concerns about your auto insurance coverage. We’re here to help you decide on coverage that suits your needs and budget. Give our office a call today.

Determining Auto Insurance Coverage with Multisurance

Many people, especially those on a budget, may be tempted to opt for the most basic auto insurance coverage. In Louisiana, that equates to liability coverage of 15/30/25. At Multisurance in New Orleans, LA, we’re here to discuss all auto insurance options and help you determine the best coverage for you.

What Does the State Minimum Cover?

The state mandatory coverage provides $15,000 in injury coverage for the first person injured in an accident and a total of $30,000 for all injuries occurring in an accident where you are at fault. The $25,000 is for property damage coverage. If you’re still financing your vehicle, this basic coverage may fall short for most lienholders, who commonly require comprehensive and collision coverage.

Understanding Collision and Comprehensive Coverage

Collision coverage protects your vehicle in case of a collision with another vehicle or with a stationary object. It also covers your vehicle if you are hit by an unseen vehicle, namely a hit-and-run incident. It comes with a deductible that applies any time you make a claim.

Comprehensive insurance covers your vehicle for damages beyond your control or theft. This includes flooding, hail damage, falling branches, cracked windshields, and vandalism. A deductible also applies to comprehensive coverage.

For many people, their vehicle forms an integral part of their life. If your vehicle were to be damaged or totaled, it could cause a significant inconvenience. Moreover, out-of-pocket expenses for repairs or replacement might be unaffordable. Having the right auto coverage could make all the difference.

Let Multisurance Help You Choose the Right Auto Insurance

Contact Multisurance in New Orleans, LA with any questions or concerns about your auto insurance coverage. We’re here to help you decide on coverage that suits your needs and budget. Give our office a call today.

Motorists need to understand how important it is to make the right decisions when choosing auto insurance. If you’re looking for an auto insurance policy in New Orleans, LA, we can assist you at MultiSurance. 

The following are four rules that you should follow when you buy auto insurance:

Understand what exclusions are in effect on your policy

There may be some exclusions in the effect of your policy. For example, your policy might exclude coverage if your vehicle is involved in an accident while someone other than you is driving.

Make sure you’re aware of any policy exclusions and address them by adding on the excluded coverage when possible. 

Make sure you have an emergency fund to cover your deductible

Your insurance coverage kicks in after you file a claim when you pay the deductible. This makes it very important for you to have at least the deductible amount available in an emergency fund so that you’re prepared when accidents happen. 

Explore your options

You need to shop around and get quotes from several auto insurance companies if you want to get the best policy available. Research auto insurance providers in your area and choose a few companies to get a quote from. You can then evaluate the quotes you get and decide which option is best for your situation. 

Consider changes to your auto insurance needs as time goes on

Changes over time to your vehicle’s value or your financial situation could make it so that you want to adjust your auto insurance policy coverage. That’s why you should reevaluate the terms of your policy each time you renew your coverage. 

We Are Here To Help

Call us today at MultiSurance to get a quote on an auto insurance policy in New Orleans, LA. 

When it comes time to shop for auto insurance, there will be numerous questions you must answer for each carrier you want to get a quote from. Though these questions may seem like a nuisance, they are actually vital to determine what coverage options you need and the premiums you’ll pay for those options. To help drivers in New Orleans, LA better understand the reasoning and importance behind these questions, the team at MultiSurance is here to help.

Why Are Auto Insurance Application Questions So Important?

In the most basic sense, auto insurance companies will ask you a variety of questions to help them accurately assess your risk level. Your risk level allows them to adjust the price you pay for insurance coverage based on how much coverage you need and how likely you are to use it. It simply wouldn’t be fair to charge a low-risk driver the same amount as someone with a history of accidents or tickets. 

The Types of Questions You Can Expect to Be Asked

• What’s your full name, date of birth, driver’s license number, and address?
• What’s your marital and employment status?
• What’s your vehicle’s year, make, model, license plate number, VIN number, and odometer reading?
• Any accidents or tickets within the past 5-7 years?
• What’s the average mileage you drive in a year?
• Do you have an insurance policy currently?

Looking for Auto Insurance? Contact Us Today!

Though it may seem time-consuming and tedious, it’s vital that you take the time to give honest answers to all of the questions your car insurance company asks. Drivers in New Orleans, LA can count on the team at MultiSurance to help you find the right coverage at the right price. Contact us today to learn more or receive a quote!