Auto Insurance Coverage Options

Various special enhancements are available and briefly outlined below. If you’re interested in adding any of these to your policy, please contact us to request a quote for additional protection and specific details.

Accident Forgiveness

Suppose you have an at-fault accident while driving your vehicle. In that case, an accident forgiveness enhancement forgives the additional premium assessed due to the driver’s merit rating points change, which can be significant.  Accident forgiveness is subject to specific eligibility requirements and limitations, which vary among insurance companies that offer this feature.

Disappearing Deductible

This enhancement reduces the deductible you’ve chosen to pay on a claim. The amount of the reduction is based on how long you’ve been with the insurance company and how long you’ve had a clean driving record.

New Vehicle Replacement Cost

If you drive a new vehicle and it is totaled in an accident, this enhancement covers the cost to replace your vehicle even if it is determined that the book value is less than the replacement cost. This can be a valuable feature because a new vehicle’s value tends to depreciate quickly.

Auto Loan/Lease Gap Coverage

This option provides coverage to pay off any unpaid balance on your loan or lease if your vehicle is totaled and its value is less than the car loan. This coverage is different from the new vehicle replacement cost.

Extended Road Travel Coverage

If you are traveling far from home and have a covered accident or breakdown, this coverage can pay for extra travel expenses you incur.

Expanded Original Equipment Manufacturer (OEM) Parts Coverage

If you have a covered loss on your vehicle, this provides expanded coverage to get original manufacturer parts to repair your vehicle.

Pet Injury Related to an Accident

Provides for medical treatment costs if your pet is riding with you in your vehicle and is injured in an accident.

Personal Belongings Coverage

Provides coverage for specific personal property in your vehicle if damaged in an accident or stolen and does not involve a deductible.

Enhanced Substitute Transportation

This feature increases the substitute transportation coverage limits you have purchased on your policy.

Use of Other Auto Endorsement

An auto policy does not cover the regular use of a non-owned vehicle. By adding this endorsement, you are covered by your policy when routinely driving a company car or other non-owned. This can be important if the vehicle you’re driving has lower coverage limits than your policy.

Named Non-Owner Policy

If you don’t own a personal vehicle, you should consider a Named Non-Owner Policy. This type of policy provides bodily injury and property damage liability coverage for you and listed family members when driving vehicles you don’t own, such as a company car, a borrowed vehicle, or a rental. Keep in mind, a Named Non-Owner Policy typically does not cover physical damage (comprehensive or collision) to the vehicle you’re driving, including losses from theft or vandalism. For that, separate rental coverage or the vehicle owner’s policy may apply.

*NOTE: This information is only a general description of the available coverages and is not a statement of contract. All coverages are subject to all policy provisions and applicable endorsements. Some coverage may be subject to individual insureds meeting underwriting qualifications and to availability within a state. For further information, Contact Us at Murphy Insurance Agency.