People that live in the Harrison, AR area will find owning a vehicle is a good idea as it will make it much easier to get around the community. If you are going to own a car when you are in this area, you also need to get auto insurance. This coverage is required in practically all situations and offers great protection. There are a few things that could happen if you do not have this coverage. 

Be Responsible for Damages and Losses

A key reason that you should have insurance is that it will give you financial protection if you cause an accident or incur a loss. If you are responsible for an accident, you will need to pay damages out of pocket. Further, if your vehicle is stolen or damaged, you will want to have coverage to help you replace it. If you do not have insurance, you will need to cover all of these costs out of your own savings. 

Legal Penalties

In Arkansas, all drivers are obligated to have auto insurance at all times. If you do not have this coverage in place, you could face various penalties. Those that are caught without insurance could be fined and may even lose their right to drive temporarily. Further, you could be in default of an auto loan if you don’t maintain this coverage. 

When you are a vehicle owner in the Harrison, AR area, it will be very important that you continue to take your insurance needs seriously. The team with Foresee General Insurance Agency Inc. can continue to provide you with the support needed to assess your insurance situation and needs. Foresee General Insurance Agency Inc. is able to do this by taking a personalized approach and offering the right guidance while you are selecting your next plan.

People don’t spend a lot of time thinking about their auto insurance. In fact, until they have a fender-bender or need something repaired, they rarely consider it at all. But it is a good idea to think about it if you want to make sure you are following the law in your state.

Foresee General Insurance Agency Inc. reminds you that Insurance laws are allocated to the states so it’s important to note that insurance laws vary from state to state. If you live in Arkansas for example, you need to know that the mandatory requirements are:

• $25,000 bodily injury liability coverage
• $50,000 per accident
• $25,000 property damage per person

Alternative coverage includes:

• $25,000 Underinsured and uninsured motorist bodily injury coverage 
• $50,000 per accident
• $25,000 Underinsured and uninsured property damage per person

These alternative coverages are not mandated, but it’s a good idea to consider carrying uninsured and underinsured insurance in the event you are involved in an accident with an underinsured or uninsured motorist. If you have this coverage, your insurance will pay for your repairs and medical bills if the other party’s insurance doesn’t. 

Penalties for not carrying the minimums

The required insurance coverages are not negotiable. In Harrison Arkansas (or anywhere else in the state of Arkansas), penalties for failure to carry the required insurance are:

• Mandatory fines ranging from $50-$250 per incident for the first offense
• $250-$500 for the second offense
• $500-$1000 for the third offense

Beyond that, you can also be subject to paying additional court fees and costs including jail time up to one year. You could even lose your license permanently if you are involved in an accident while uninsured.

Keep it in Your Car

Not only do you need to make sure you are carrying the minimums, but you are also required by Arkansas law to keep a copy of your proof of insurance in your car. If you do not have this in your glove compartment when pulled over, you will pay additional fines for failure to carry it in your vehicle. 

Why Risk It?

Arkansas is one of the many states that require auto insurance. It’s really not worth the risk to not carry it. So study the minimums and make sure you have the basic requirements covered. Then discuss your personal insurance needs with the professionals with Foresee General Insurance Agency Inc in Harrison, AR.

Auto insurance is a special kind of monthly expense. It is probably one of your only expenses that are required by law. This makes auto insurance especially important, and it makes getting a good deal even more important. At Foresee General Insurance Agency, Inc., serving Harrison, AR, we want to help our clients and future clients make the best insurance choices. This is why we strive to provide great insurance information during the process. Keep reading to find out what you need to know about auto insurance. 

Why Is Auto Insurance So Important?

Driving can be risky. If you are involved in a wreck, you can sustain injuries that could cause thousands of dollars of medical expenses, not to mention your vehicle’s possible damage or loss. This could happen to you at no fault of your own, but you are still left financially vulnerable. Insurance policies strive to eliminate this financial risk. You may still get in a car accident, but if everyone in the accident were covered by insurance, you would not need to worry about paying for repairs or replacing your car. Medical bills will also be taken care of. This provides financial protection and peace of mind, which are crucial to our economy. 

What Does Auto Insurance Cover?

Auto insurance will provide coverage in the following general areas:

• Comprehensive/Collision – This type of insurance will cover the cost of repairing or replacing your car if it is lost or damaged due to natural disaster, accident, or theft. 
• Liability – This type of coverage will cover any expenses that might result if you caused a wreck. This can include repairs and replacement of the other car or medical bills. 

If you would like to learn more about our services, please contact Foresee General Insurance Agency, Inc., serving Harrison, AR.

If you’re looking for auto insurance in Harrison, AR, you may have heard of comprehensive. This is a catch-all term that may make you think that all events are covered, regardless of how they occur. However, the actual terms of comprehensive aren’t as straightforward. Foresee General Insurance Agency Inc. wants you to have all the facts, so you can decide which type of insurance is right for you. 

What Does Comprehensive Insurance Cover?

The idea of comprehensive is that it covers more than liability or collision insurance options. So this includes theft, vandalism, and natural disaster damage (e.g., fire, storms, etc.) It also covers damage from accidents that weren’t caused by two cars colliding with one another. So if you hit a deer under this policy or a tree happens to fall on your car, the repairs are likely to be covered. 

Do I Need Comprehensive Insurance?

Usually, you’ll need comprehensive insurance if you’re going to lease or finance your car in Arkansas. This is so the lender can protect their investment if something happens that you can’t cover. However, it’s not required by law to have. Comprehensive insurance is usually right for you if you live or travel to areas where you will need more protection than basic insurance. For example, if you don’t want to take the chance in case your car is stolen. 

If you want to learn more about comprehensive auto insurance, Foresee General Insurance Agency Inc. is here to help. Our staff in Harrison, AR can answer questions about the kind of car you have and what kinds of threats or dangers are most likely to befall it. Give us a call today so you can choose for yourself the best possible policy for you. 

When you are in the Harrison, AR area, you are likely going to want to own a car to ensure you can get around town. One task that you need to take seriously involves picking your auto insurance policy. All people in this area will have a variety of different auto insurance requirements that should be taken into consideration when choosing your next policy.

State Minimum Requirements

Similar to other states, Arkansas requires all drivers to carry the state minimum level of liability insurance. This coverage ensures that all drivers can pay for damages if they cause an accident. In this state, you will need to carry bodily injury coverage of at least $25,000 per person and at least $50,000 per incident cap. Additionally, you will need to have property damage coverage of at least $25,000, which will cover and protect your vehicle. 

Compliance with Lender

Beyond meeting the state minimum requirements for auto insurance, you also need to spend time assessing your auto insurance requirements with your lender. If you have taken out a loan to buy the car, you are going to need to have auto insurance on the vehicle at all times. Most lenders are going to require that you carry a policy that has a reasonable deductible as well as full collision and comprehensive insurance protection. 

When you are in the Harrison, AR area, you are likely going to have a variety of auto insurance requirements. To ensure that you comply with these requirements, you should call the team at Foresee General Insurance Agency, Inc. The insurance team at the Foresee General Insurance Agency, Inc. can help you to assess your need better and ensure you get into a policy that provides you with full legal and loan compliance. 

Teen drivers are at higher risk of causing accidents due to a lack of driving experience. For this reason, your teen should have excellent insurance coverage to protect him or her on the road. At Foresee General Insurance Agency, Inc. in Harrison, AR, we can help you choose the type of insurance coverage your teen needs.

Coverage Options

Basic auto insurance policies offer numerous coverage options to protect your teen, others, and your teen’s vehicle in the event of an accident. These include:

• Liability
• Collision
• Comprehensive
• Uninsured Motorist
• Roadside Assist

Mandatory Coverage

Minimum liability insurance is a requirement in Arizona for all drivers. Liability protects others by paying their medical or property damage expenses in accidents that are your fault. As teens are more prone to causing accidents due to their immaturity and lack of driving experience, it’s best your teen has more than minimum liability coverage to protect them against major accidents they may cause.  

Optional Coverage

Collision, comprehensive, uninsured motorists, and roadside assistance are optional coverage that offers valuable protection for teen drivers.

Collision coverage pays for damages to your teen’s (or your family’s) vehicle if your teen crashes into another vehicle or swerves into a tree, fence, or wall. If your teen drives the family car, collision coverage is a must. 

Comprehensive covers vehicle theft and damages caused by non-collision incidents like falling objects, hailstorms, or vandalism. Uninsured motorist covers damage to your teen’s vehicle if an uninsured or underinsured driver hits them. If your teen has a breakdown while driving, roadside assistance will cover his towing costs, so he’s not left stranded on the side of the road.

The right insurance coverage will give you peace of mind that your teen is well protected on the road. For help in selecting auto insurance for your teen driver, contact Foresee General Insurance Agency, Inc.in Harrison, AR.