Auto Insurance
The more you understand your auto insurance policy, the better we can work together to protect you. Following are some of the most commonly used terms. For a complete explanation of these and other insurance terms and coverages, you should always consult your agent.
Bodily Injury Liability Coverage
Pays claims against you, including the cost of your legal defense, resulting from injuries to other persons in an automobile accident for which you are legally liable.
Collision Insurance
Optional coverage that reimburses you for damage to your vehicle resulting from overturning or colliding with another object, including another vehicle, regardless of who is at fault.
Comprehensive Insurance
Reimburses you for damage to your vehicle from causes other than a collision or overturning, including hail, flood, theft, fire, glass breakage, falling objects, explosions, earthquakes, windstorms, vandalism or malicious mischief, riot or civil commotion and collision with a bird or animal.
Deductible
The portion of an insured loss you pay before the insurance company starts picking up the bill.
Liability Insurance
Pays claims against you as well as your legal defense costs when you are legally responsible for an accident in which you have injured another person or damaged his or her property.
No-Fault Auto Insurance/
Personal Injury Protection
Coverage through which the financial losses you, your passengers or a pedestrian sustain from an auto accident, such as medical and hospital costs and lost income, are paid by your insurance company regardless of who is at fault.
Premium
The amount you pay for insurance for a specific period of time, usually one year.
Property Damage
Pays for claims for your financial loss if you are found liable for physical damages to tangible property belonging to a third party.
Supplementary Uninsured/
Underinsured Motorist Coverage
Uninsured Motorist coverage pays for injuries sustained by you and your passengers caused by an uninsured motorist or a hit-and-run driver. Underinsured motorist coverage pays when you or your passengers are injured as a result of negligence by someone with insufficient liability insurance to cover your losses.
Available limits
| Combined Single Liability Limits
$60,000 $100,000 $300,000 $500,000 $1,000,000 |
Split Limits
$25,000/$50,000 $50,000/$100,000 $100,000/$300,000 $250,000/$500,000 $300,000/$300,000 $500,000/$500,000 $1,000,000/$1,000,000 |
Property Damage Limits
$10,000 $25,000 $50,000 $100,000 $250,000 $300,000 $500,000 |
Ways to Save on Auto Insurance with Fingar Insurance
Accident Prevention Course
10% discount for having taken an approved accident prevention course.
Anti-Lock Braking System (ABS)
7% discount if your vehicle is so equipped.
Anti-Theft Devices (25% maximum total discount for Anti-Theft Devices.)
- Discount of 5% each for having an alarm and/or vehicle identification number window etching.
- A discount of 15% if your vehicle is equipped with a passive disabling device or a vehicle recovery system.
Multi-policy Program
Up to a 10% discount when you have both your personal auto and homeowners policies with the same company. (You could also save another 5% on your homeowners!)
Daytime Running Lights
Factory installed daytime running lights give you a 3% discount.
Loss-Free Discounts
If you have been loss-free for 48 months and conviction-free for 39 months. You can qualify for the discounts plus an additional 20% off the comprehensive and collision portions of your premium, for total savings of up to 30%!
Multi-Car Discounts
20% savings for having more than one vehicle on your personal auto policy.
Passive Restraints Discounts
20% if your vehicle is so equipped on the driver’s side; 30% if equipped on both the driver and front passenger sides. (Applies to factory installed front occupant restraints.)
Additional Vehicle Insurance Coverages
Fingar Insurance also offers a variety of related coverages, including protection for full glass, trailers, campers, motorhomes, motorcycles, snowmobiles, RVs and custom vans.
Personal Liability Umbrella Policy
Umbrella liability coverage goes significantly beyond even the highest limits available under the auto and homeowner’s insurance programs in New York to protect you against a wide range of personal liability hazards. In the event of a major lawsuit, it can help protect you against financial ruin, especially if your assets are substantial. The cost is modest compared to the available limits of liability – $1 million up to a maximum of $10 million.