With Pemco auto insurance new car buyers will be well-protected with plenty of affordable options
Buying a new car can be both exciting and worrisome, especially once you drive your new vehicle off the lot. Having the right auto insurance coverage can help relieve fears of a costly accident destroying your hard-earned savings. Pemco auto insurance new car coverage can provide you with the options you need to protect your pocketbook from costly repairs and injuries in the wake of an accident.
When you're evaluating Pemco auto insurance new car policies, you need to compare the premiums you'll be paying against the coverage options and what they provide. The average cost of new car insurance through Pemco depends on a variety of factors, including:
- Your age
- Your gender
- Where you live
- Vehicle make, model and year
- Your credit rating
- Your driving history
Pemco agents and underwriters will use this information to determine your accident risk. The higher your risk is, the higher your premiums will be.
Coverage options you'll need for your new car
Pemco provides a variety of coverage options tailored to your needs and budget. A new car brings with it some specific needs to be considered.
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To start with, your state has set minimum levels of bodily injury and property damage liability you need to have in place as a licensed driver. With a new car, you will probably want to have limits higher than your state's minimum as those levels are notoriously low.
If you took out a loan to purchase that new car, or even if you are just leaisng it, there's a good chance that the lender/lessee may require you to purchase a minimum of collision, comprehensive or both coverage options. The terms and conditions of most car loans and leases will require you to carry these as a way of protecting the lender/lessee's interests in the car until you own it outright or fulfill the terms of the lease.
Uninsured/underinsured motorists coverage are other options that some states require licensed drivers to carry. With your new car, you will want to be sure that you at least fulfill any legal or contractual obligations you have for auto insurance.
Other options to consider
If you are going to have passengers riding along with you in your new car on a regular basis, you may want to add personal injury protection or medical payments coverage to you Pemco auto insurance new car policy. These options will pay for any treatment you or your passengers may need in the event you are in an accident.
If you have taken out a loan on your new vehicle, Pemco provides auto loan endorsement coverage, which protects your assets should the balance of that loan exceed the vehicle's value at the time of a total loss or if the car is stolen.
Discounts make coverage easier
Pemco provides a variety of discounts to help keep your annual costs within your budget, while encouraging you to drive safely. Aside from providing the typical safe driver and student discounts, Pemco offers up to 5 percent off your monthly rate if you use your vehicle less than twice a week. Additionally, you can shave up to 20 percent off your bill if you purchase liability coverage for more than one vehicle through Pemco.
If your new car comes equipped with select safety devices it can save you even more money. If you combine two policies, such as home and auto insurance, Pemco will reward you with up to a 9 percent discount.
You may also qualify for Pemco's educator discount, new customer discount and defensive driver discount.
Pemco auto insurance new car coverage can bring you the flexibility you need to find affordable protection tailored to your needs. To know for sure if this will be a good option for you, take some time to visit with a local, licensed car insurance agent with access to leading companies like Pemco. Reply! can assist by helping you find local auto insurance agents who can help you put an insurance coverage plan in place worthy of your new car.