While all Georgia drivers must maintain minimum auto liability insurance, other policies are optional. Your agent may recommend numerous policies and endorsements, depending on your situation.
Optional auto insurance policies can address specific needs to help tailor your coverage.
This type of coverage may help pay for damages to your vehicle resulting from a collision with another car or object, regardless of who is at fault for the accident. Collision coverage often comes with a deductible, meaning you’ll pay a certain amount out of pocket before the insurance coverage takes over.
Comprehensive insurance may help cover noncollision-related incidents. This may include theft, vandalism, fire, natural disasters and hitting an animal. Like collision coverage, comprehensive insurance usually has a deductible.
Guaranteed Asset Protection (GAP) Insurance
GAP insurance is designed to help cover the difference between your insurer’s settlement and the amount you still owe on the insured car after an accident. This is especially useful for newer cars that depreciate quickly. If your vehicle is totaled in an accident, GAP insurance helps ensure you’re not left paying off a loan for a vehicle you can no longer use.
This optional coverage may help provide help for emergencies while you’re on the road. Services can include towing, flat tire changes, battery jump-starts and locksmith services.
Also known as MedPay, this coverage may help pay for medical expenses incurred by you or your passengers after an accident, regardless of who is at fault. It can cover costs such as hospital bills, surgeries and X-rays. It is designed to work with your health insurance, filling in the gaps where needed.
This coverage protects you if you’re in an accident with a driver with insufficient insurance to cover the damages. It can pay for medical expenses, lost wages and property damage. This coverage may also extend to hit-and-run incidents.
Consult your insurance agent to discuss which options best fit your lifestyle and budget.
While you can’t predict the future, you can prepare for it. Optional insurance auto coverage can give you an extra layer of security, ensuring you’re ready for whatever life throws your way.
Let Peachstate Insurance help you explore the broad landscape of optional insurance coverages, tailoring a package that suits your unique needs. Contact us today to start your journey toward truly comprehensive protection.
This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.