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Auto InsuranceAuto Insurance is a contract between an individual (the policyholder) and an insurance company. It provides financial protection and coverage in case of accidents, damage, theft, or other events related to the insured vehicle. The primary purpose of auto insurance is to help the policyholder mitigate the financial consequences that can arise from unexpected situations involving their vehicle.

Here are some key reasons why you need auto insurance:

  1. Legal Requirement: In many countries and states, having auto insurance is a legal requirement. You are required to carry a minimum level of coverage to drive legally. Failure to do so can result in fines, license suspension, or even legal consequences.
  2. Financial Protection: Auto insurance provides financial protection in case you are involved in an accident, and it covers the costs of repairing or replacing your vehicle, as well as any medical expenses for you and others involved in the accident. Without insurance, you would have to pay these costs out of pocket, which can be financially devastating.
  3. Liability Coverage: Auto insurance also includes liability coverage, which protects you if you are at fault in an accident and someone else is injured or their property is damaged. Liability coverage pays for their medical bills, vehicle repairs, or any other damages they may seek from you through legal action.
  4. Peace of Mind: Having auto insurance offers peace of mind. Knowing that you are financially protected in case of unexpected events can reduce stress and anxiety associated with driving.
  5. Lender or Lease Requirement: If you have a car loan or lease, your lender or leasing company will typically require you to have auto insurance to protect their investment until the loan is paid off. This is known as collision and comprehensive coverage.
  6. Protection from Uninsured/Underinsured Drivers: Uninsured and underinsured motorist coverage is an option that can protect you if you are in an accident caused by a driver who does not have insurance or does not have enough insurance to cover your damages.
  7. Legal Defense: Auto insurance can provide legal defense coverage if you are sued as a result of an accident. It can help cover the costs of hiring an attorney and other legal expenses.

Auto insurance policies can vary widely in terms of coverage types, limits, deductibles, and premiums. It’s essential to understand your specific insurance needs and options and choose a policy that suits your circumstances and budget. Having auto insurance is not just a legal requirement but also a responsible financial decision to protect yourself, your assets, and others on the road.

Don’t hesitate to contact Murphy Insurance at 800 222 8711 or submit an inquiry via our Contact Us form to learn about our Auto Insurance.

Posts

Proud to be a MAPFRE agent! MAPFRE Insurance named auto insurance #1 Best Value in MA

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MAPFRE Insurance was awarded the ValChoice #1 Best Value Award for auto insurance in Massachusetts on May 30, 2018. Scoring 92 out of 100 in ValChoice’s 2016/2017 analysis, MAPFRE stood out for its customer service, claims handling, and overall value. Only one insurer in each state receives this prestigious recognition based on unbiased data from each state’s department of insurance. Murphy Insurance is proud to be an agent for MAPFRE, offering customers access to this top-rated provider known for its outstanding service and value.

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MA RMV Closed and No RMV Services For 3 Days Starting March 22 at 7PM

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From Thursday, March 22, 2018 at 7 p.m. until Monday, March 26, 2018 at 8 a.m., the MA Registry of Motor Vehicles will be closed for a technology upgrade to meet federal security standards. During this period, non-public safety services will be unavailable, and no transactions will be processed.

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New MA Real ID & Driver’s License Documentation Requirements Starting March 26, 2018

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Starting March 26, Massachusetts requires documentation of U.S. Citizenship or lawful presence for any driver’s license, ID, or learner’s permit renewal or issuance. Four documents are necessary to confirm your Social Security Number, Date of Birth, and Residency.

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What Affects the Cost of Your Auto Insurance?

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Our approach to finding you the best auto coverage at the best price involves understanding various detailed factors. From the car you drive to where you live, your driving record, and potential discounts, we ensure you get tailored coverage that suits your needs and budget.

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Court Hearing Filing Fee Refunds for Civil Motor Vehicle Infractions

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A recent federal court decision (Crawford v. Blue et al.) now requires refunds for the $25 court hearing request fee if a driver was found not responsible for all civil motor vehicle infractions on their citation. This applies to citations issued after September 22, 2017. If eligible, recipients should receive their refund within 60 days—provided their current address is on file with the RMV. Learn more about how to ensure you receive your refund.

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Thanks and Please Be Safe In the Kitchen & On the Road

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During this season of gratitude, we extend our heartfelt appreciation to everyone who has contributed to our continued success. We’re especially grateful to our customers for entrusting Murphy Insurance Agency with the responsibility of serving you, and we remain dedicated to safeguarding your family, business, and valued possessions.

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Equifax Breach – Freezing Your Credit May Impact Your Insurance

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The ongoing coverage of the substantial Equifax data breach highlights its significance. With over 143 million American consumers potentially affected, if you possess a credit report, you may be among those whose sensitive personal information was compromised.

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Uber, Lyft and Other TNC Drivers…New Endorsement Covers Insurance Gap

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Once you sign into a Transportation Network Company (TNC) app, your personal auto insurance ceases coverage for vehicle damage, property damage, bodily injury, and most other protections. Insurance policies provided by TNCs usually offer only limited coverage from logging into the app until picking up a fare.

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Flood Cars: How to Avoid Purchasing a Washed-Up Vehicle

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Floods, like other natural disasters, can inflict significant damage on properties and vehicles. Unfortunately, flood-damaged vehicles present a tempting opportunity for criminals seeking to defraud unsuspecting consumers.

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Insurance for Uber, Lyft and Other TNC Drivers – Close the Gaps

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Good news for Uber, Lyft, or other Transportation Network Company (TNC) drivers: certain insurance carriers now provide personal auto insurance policy endorsements, addressing coverage gaps. Plymouth Rock Assurance and Mapfre Insurance are among the companies offering these endorsements, bridging the insurance gap for TNC drivers.

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