Auto Insurance in Medford, OR

Auto insurance is essential for responsible drivers, often offering critical financial protection against accidents, theft and other unforeseen events involving motor vehicles. Understanding the intricacies of auto insurance policies can help you make informed decisions and ensure you have the necessary coverage.

How Much Auto Insurance Do I Need?

The amount of car insurance you need may depend on several factors, including your vehicle’s value, location and financial situation. Many states, including Oregon, require minimum liability coverage, which can pay for damages or injuries you cause to others.

However, it’s often wise to purchase more than the minimum to protect your assets in case of a significant accident. Additional requirements may also apply, such as for collision and comprehensive coverage, if you have an outstanding auto loan.

How Much Does it Cost?

The cost of car insurance can vary based on your age, driving record, location and vehicle type. The details of your policy may also influence your rates. For example, a higher deductible may mean lower premiums, but you’ll have to pay more out of pocket following an incident.

Discounts may also be available for safe drivers, multiple policies and vehicles with safety features.

How Much Do Auto Insurance Rates Increase After an Accident?

Your auto insurance rates may increase after an accident for which you were at fault. Resulting changes can depend on the severity of the incident and your insurer’s policies. Some carriers may offer accident forgiveness programs that can prevent your first accident from affecting your rates.

Shopping around and comparing rates if your premiums rise is often advisable.

Get the Right Coverage

With over 20 years of experience serving motorists in the Medford, Oregon, area, the team at AIC Insurance Agency - Medford is ready to assist you in securing suitable coverage at an affordable rate. Contact us today to learn more or to get an auto insurance quote.