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Ledford Agency LLC

1910 N Big Spring St
Midland, TX 79705

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Upgrades To Your Automotive Policy – What to Consider

If you are getting ready to purchase a new vehicle or use your current vehicle for a new purpose, you will need to upgrade your automotive policy. Learn how simple changes will protect you while your vehicle is actively operated or parked.

Insurance for a New Vehicle

Your new vehicle may be considerably more valuable than your current vehicle. It may also come equipped with safety features that you do not currently have access to. To acquire full ownership, you may be required to make monthly payments.

These changes will affect the type of automotive coverage you need. An online comparison tool will help you decide which type of automotive coverage your vehicle is best equipped for. You can choose from liability, collision, underinsured, and specialty insurance products.

Insurance for Specialized Use

You may decide that you are going to use your vehicle for towing purposes or another specialized reason. If your vehicle is going to be used differently than you are accustomed to, you may need more automotive insurance coverage.

The insurance you acquire can protect a trailer, hitch, lights, or other materials you will use when driving your vehicle.

Insurance for Different Driving Patterns

If you follow a different driving pattern, you may need more or less automotive coverage. It is a good idea to keep track of your proposed driving pattern and how often you will be driving your vehicle.

Secure Your Automotive Insurance with Ledford Agency LLC

Contact one of our agents at Ledford Agency LLC. An agent will discuss all the insurance options you have. You will be provided with insurance guidance based on the type of vehicle you own and how you plan to use it.

What Can Comprehensive Auto Insurance Do For You?

Investing in comprehensive insurance can help you pay for repairs not covered by liability or collision insurance. This auto insurance can reimburse you if someone steals your car and pays for damages caused by unique circumstances. At Ledford Agency LLC in Midland, TX, our agents can help you understand the benefits of comprehensive auto insurance.

What Is Comprehensive Insurance?

Collision insurance covers damages if another driver hits your car. However, you need additional coverage for events like civil disturbances and car theft. Most comprehensive insurance covers these events and more.

For example, comprehensive insurance can reimburse you for damage due to fire, explosions, and floods, depending on how your policy is written. Falling objects, such as tree limbs and damage caused by rodents, are also covered under many comprehensive auto insurance policies.

Benefits of Comprehensive Insurance

The rental agency probably requires extensive insurance coverage if you lease your car. Additionally, if you finance your vehicle, you’ll probably need comprehensive insurance under the terms of the loan.

Even if you pay cash for your vehicle, it makes sense to cover it against unforeseen incidents such as a deer strike or damage due to rodents that get inside your car. Additionally, if wildfires, tornadoes, and hailstorms are common in your area, you’ll need comprehensive insurance to help pay for potential damage.

If you own a luxury vehicle, it makes sense to invest in additional coverage, even if you no longer have a car payment. Consider how much it would cost to replace your car versus the cost of comprehensive coverage. Use this comparison to determine if you would benefit you.

Review your policy with an experienced agent and get a free quote for comprehensive insurance. Contact the team at Ledford Agency LLC in Midland, TX, to schedule an appointment today.