In Georgia, basic insurance is mandatory for driving on the roads. The state requires a minimum liability coverage of 25/50/25 to protect other drivers. This coverage includes $25,000 for the first person injured, $50,000 for all injuries, and an additional $25,000 for property damage. At Commerce Insurance Agency in Commerce, GA, we ensure all our customers have the right amount of insurance.

Collision Coverage

Collision coverage pays for repairing or replacing your vehicle if it’s damaged in an accident where you’re at fault. This coverage comes with a deductible that you’ll need to pay.

Comprehensive Coverage

Also known as non-collision coverage, comprehensive coverage protects your vehicle from various types of damage caused by wind and water. It also covers theft, vandalism, and damage caused by large animals like deer. This coverage also includes a deductible.

Gap Coverage

If you have a newer vehicle with an auto loan, considering the rapid depreciation of vehicles once driven off the lot, you might owe more on your vehicle than your insurance will pay to replace it. Gap insurance covers the difference between what you owe and what you receive from the insurance company.

Full Glass Coverage

While comprehensive coverage includes glass coverage, it comes with a deductible. Opting for full glass coverage means you won’t have to pay any deductible to replace your windshield.

Rental Car Coverage

If your vehicle is damaged in an accident or totaled, you might be without a vehicle for a few weeks. Rental coverage ensures you can get a rental vehicle during this period.

Contact Commerce Insurance Agency in Commerce, GA, to discuss your auto insurance needs with one of our independent agents.

Navigating Auto Insurance for a Leased Vehicle

Navigating auto insurance for a leased vehicle can be more complicated than insuring a vehicle you own outright. Most leasing companies have strict insurance requirements, meaning you may need more coverage than you originally anticipated. Our reputable agents at Commerce Insurance Agency in Commerce, GA can help you build a personalized auto insurance policy that fits your unique needs.

Understanding Lease Requirements

Leasing requirements can vary depending on the individual leasing company. However, insurance requirements for leased vehicles may include additional coverages, such as comprehensive and collision coverage. Guaranteed Asset Protection (GAP) insurance is also a common requirement for leased vehicles. It covers the difference between your vehicle’s worth and what you still owe.

Determine Coverage Needs

When comparing auto policies, consider different coverage levels, such as:

• Liability coverage
• Comprehensive and collision coverage
• Uninsured/underinsured motorist coverage

One of our experienced agents can help you determine what levels of coverage are right for you.

Compare Auto Insurance Policies

Not every auto policy is right for every driver. Review key features, such as coverage limits, deductibles, and similar components, to determine which is best suited for your needs. Ask your agent about potential approaches to help reduce insurance costs, such as bundling policies or safe driver discounts.

Review and Adjust Your Policy Regularly

Over time, your auto coverage needs may change. Periodically review your insurance policy to ensure that it continues to meet your personal needs and lease requirements. Changes in your lease or certain personal circumstances may require you to adjust your coverage.

Please speak With One Of Our Trusted Agents

Securing the right auto insurance for a leased vehicle can help you meet your lease requirements and ensure you have the necessary protection. For help navigating auto insurance, contact Commerce Insurance Agency in Commerce, GA.