There is a lot of mis-information out there about personal auto policies. Let's take a minute to clear some of them up.
Myth 1 -My liability covers hit & run accidents and UNinsured motorists.
Truth -Uninsured motorists coverage is not included but can be added to your policy. Make sure it is.
Myth 2 -My policy automatically pays for a rental car.
Truth -this is not included in basic auto insurance policies, but you can add it.
Myth 3 -My uninsured motorist coverage covers damage to my property.
Truth -In Oklahoma it only covers bodily injury.
Myth 4 -All of my medical expenses will be covered if I am in a car accident.
Truth -You can purchase "med pay" to assist with minor medical expenses.
Myth 5 -If I drive my friend's car, my coverage follows me.
Truth -There will be some coverage that follows you, but you must meet the requirement covered. Look at your policy under "Coverage for the use of other cars."
Auto Insurance Myths
Written by Sullivan Insurance Agency on Aug 12, 2014