Auto insurance is required by law in Washington State, yet nearly 20% of all drivers are uninsured. At Sound Investment Services, whether you are currently fully covered or uninsured, our goal of providing you with the proper coverage, remains the same. Since we are independent, we are able to shop your policy with multiple carriers which allow us to find you the very best coverage and price available. We find that many individuals have?to re-evaluated their coverage in several years, and as life changes, the carrier with the best rates can change, too. That is why having an independent broker can be so valuable; we can find the best coverage for you as life changes, so you don’t have to change agents just to save money.
Another obstacle that we face is that most people are unsure of their coverage limits or simply do not understand what their policy covers and how it affects them and their passengers. We pride ourselves on not only getting you the best plan, but also educating you on your policy, so that in the event of a claim you know exactly how you are covered. Below is a brief description of common policy terms.
Liability (Bodily Injury and Property Damage) Covers the amount that you are liable for, up to your policy limits, as a result of causing bodily injury or property damage in an auto accident, using your car.
Personal Injury Protection (PIP) Covers bodily injury, lost wages and lost services of the driver and passengers of your auto regardless of fault. Payments are made on a per person, single limit basis, up to the policy limits.
Medical Payment Covers medical and funeral costs. This is not offered by all companies in WA State.
Uninsured/Underinsured Motorist Bodily Injury Covers you when injured by a driver that is uninsured or underinsured.
Uninsured/Underinsured Property Damage Covers property damage to your vehicle caused by an uninsured or underinsured driver.
Collision Covers damage to your vehicle that is caused by a collision. Usually includes deductible.
Comprehensive (other than collision) Covers damage to your car that is cause by anything other than collision. Usually includes deductible
Rental Expense Cover full or partial cost of a rental car in the event of a claim, that is covered under your policy.
Towing Covers emergency roadside service and towing when your vehicle breaks down.