While it is commonplace to find insurance companies to cover your automobile, and the options are vast, AIG Insurance is one of the few auto insurance companies which also offers policies for motorcycles and recreational vehicles, including all-terrain (ATV) vehicles, personal watercraft and boats.
In general, AIG vehicle insurance provides coverage to cover the cost of property damage and medical bills in the event your vehicle is involved in an accident vandalism, theft or collision which involves a covered motor vehicle. Property coverage will pay for theft of the vehicle. or damage to the vehicle. Liability coverage will take care of the policyholder’s legal responsibility to the others for any bodily injury or any property damage.
AIG No Fault insurance includes Personal Protection which provides medical coverage which will pay for medical costs associated with rehabilitation, injuries and AIG also provides optional coverage policies to absorb lost wages or funeral expenses. These coverage’s would extend to the cost of personal injury to the driver and any uninsured passengers of the driver’s vehicle in the case of an accident. Property Protection, is part of No-Fault insurance which covers damage done to other property by your vehicle, no matter who is at fault in the incident.
In addition to typical required coverage plans of No Fault and Personal Protection and the optional coverage’s to cover collision and comprehensive damage to the vehicle in the case of an accident, AIG is very convenient in their payment plans, offering mail processed billing, electronic funds transfer pay options and also the flexibility to pay by credit card, check or money order. The forms of Collision Coverage insurance vary in expense and protection levels are defined as:
Limited Collision, which is the least expensive form of collision insurance, will only pay for damage to your vehicle if you are not deemed to be at fault in the incident.
Basic Collision is the next level of protection, is more expensive than Limited Collision, and in this case, AIG will pay for damages to your vehicle no matter who is at fault in the incident, but you will have to pay the deductible on the policy for each incident, whether you are at fault or not.
AIG Broad Collisions is the most comprehensive form of collision insurance offered by AIG. Under this policy all body damage and repairs to vehicle are covered, no matter who is at fault – in most cases, if you are not at fault in the accident, your deductible amount will also be waived.
The AIG policy premium will be lower if you choose a high deductible which is the amount of cost you agree to pay in the case of a claim.
It may be tempting to select the least expensive form of insurance, but you will need to discuss the specifics of your vehicle and the driving records of those using your vehicles with your AIG agent, who will explain the details of all policies available, and help you come to a decision as to the best form of AIG coverage for you and your family.
In addition to competitive premium rates, AIG also offers discounts on multiple-vehicle policies, discounts for seniors who have completed and accident prevention course, and discounts for paying your full premium up front, rather than in installments.
Again, your AIG Auto Insurance agent’s experience in helping customers save money while providing the best coverage will be invaluable.
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