If you are an Arkansas driver, the law requires you to purchase auto insurance. Our team at the Owens Agency LLC invites you to visit our offices to choose an auto insurance policy. Drivers in the Waldron, AR area have discovered that we provide excellent customer service. We’ve been working with Arkansas drivers like you since 2014.
Do You Need Comprehensive and Collision Auto Insurance?
In order to satisfy the Arkansas state minimum requirements for auto insurance, your policy must include liability and property insurance. While you were shopping for auto insurance, you may have heard about collision and comprehensive auto insurance. According to Higginbotham, collision insurance is meant to cover damage to your car, due to an accident or due to impact from objects. Comprehensive insurance covers you for damage to your car from non-accident events (like a storm, theft, or fire.)
You may wonder if these types of insurance are mandatory. According to Forbes, state laws don’t require this coverage, but if your car is financed, your lender will typically require both collision and comprehensive insurance. If you own your car, it will be your decision whether to purchase these types of insurance. According to Higginbotham, if your car is an older model, those types of insurance may not be worth the cost – while owning a new or custom-designed vehicle might warrant your investment in comprehensive and collision insurance.
Contact Us Today for Your Appointment
Don’t take a chance by driving without auto insurance. Our team at the Owens Agency LLC will help you find an auto insurance policy with the coverage you need; at a price you can afford. Drivers near Waldron, AR know we are available for their insurance needs any time they need help. Contact us today for an appointment.
