Optional coverage for auto insurance policies

Coverage for transportation replacement

This is our most popular option. Neziol Insurance Group highly recommends this coverage, unless you have a spare vehicle at your disposal. This coverage provides reasonable expenses incurred for a rental vehicle if your vehicle is in a body shop after an accident. This added protection usually costs between $25 and $45 annually.

Family protection coverage

Neziol Insurance Group highly recommends this coverage, and 99.9% of all our clients carry this coverage. This coverage provides payment for you or your family in the event you are legally entitled to recover from an uninsured or underinsured motorist. For example, you are hit by a drunk driver and awarded $350,000 in damages due to your injuries. If the drunk driver does not have enough insurance to pay, or has no insurance at all, this optional coverage will provide payment to you. This added protection usually costs between $20 and $30 annually.

Coverage for damage to non-owned automobiles

Neziol Insurance Group recommends this coverage for clients who rent vehicles for more than 5 days a year. This coverage extends collision and comprehensive coverage to a vehicle that you assume under a written agreement. For example, if you rent a vehicle while on holidays and you have an accident, this coverage will pay for any damage to the vehicle you rented. This coverage usually has a limit between $25,000 and $50,000, and costs about $25 annually. If you purchase this insurance from the car rental company, you may pay up to $15 a day.

Removing depreciation deduction

Neziol Insurance Group recommends this coverage for clients with automobiles less than 2 years old. This coverage will prevent the insurance company from applying depreciation to your vehicle after an insured loss. For example, if your car cost $25,000 six months ago and a careless driver hits you and your car is totalled, you will be able to claim for $25,000. If you do not have this coverage, the insurance company will apply depreciation and you may only end up with $20,000. This added protection usually costs between $25 and $45 annually.