Auto Insurance

Auto insurance protects you against financial loss if you have an accident. At the Karcher Agency Marketplace, we’ll help determine your needs and match you with the best policy at the best price.

Auto insurance covers physical damage, liability and medical needs:

  • Physical damage coverage pays for damage to or theft of your car.
  • Liability coverage pays for your legal responsibility to others for bodily injury or property damage.
  • Personal Injury Protection can cover the cost of treating injuries, rehabilitation, lost wages, and funeral expenses.

What is in a basic auto policy?

1. Bodily Injury Liability

This coverage applies to injuries you, the designated driver, or policyholder cause to someone else. Individuals listed on the policy are also covered when driving someone else’s car with their permission.

2. Medical Payments or Personal Injury Protection (PIP)

This coverage pays for the treatment of injuries to the driver and passengers of the policyholder’s car. At its broadest, PIP can cover medical payments, lost wages and the cost of replacing services normally performed by someone injured in an auto accident. It may also cover funeral costs.

3. Property Damage Liability

This coverage pays for damage you (or someone driving the car with your permission) may cause to someone else’s property. Usually, this means damage to someone else’s car, but it also includes damage to lamp posts, telephone poles, fences, buildings or other structures.

4. Collision

This coverage pays for damage to your car resulting from a collision with another car or object. Collision coverage is generally sold with a deductible – the higher your deductible, the lower your premium.

5. Comprehensive

This coverage reimburses you for loss due to theft or damage caused by something other than a collision with another car or object, such as fire, falling objects, earthquake, windstorm, hail, flood, vandalism, riot, or contact with animals such as birds or deer. Comprehensive insurance is usually sold with a deductible, though you may want to opt for a higher deductible as a way of lowering your premium. Comprehensive insurance will also reimburse you if your windshield is cracked or shattered.

6. Uninsured and Underinsured Motorist Coverage

This coverage will reimburse you, a member of your family, or a designated driver if one of you is hit by an uninsured or hit-and-run driver.

Underinsured motorist coverage comes into play when an at-fault driver has insufficient insurance to pay for your total loss. This coverage will also protect you if you are hit as a pedestrian.

7. Understanding Michigan No Fault Insurance

Depending on the company you choose, you can get discounts for:

  • Being a good driver
  • Driving a safe car
  • Insuring more than one car with the same carrier
  • Anti-theft device
  • Low annual mileage
  • Student drivers with good grades
  • Having a Homeowner’s Policy with your auto insurance carrier