Auto insurance is a contract you purchase, where by the insuring agency pays for some portion of property, liability and/or medical expenses incurred from some calamity occurring during use of your vehicle. What and whom is covered is determined by the type of policy you obtain. If you have automobile insurance and an accident occurs, your insurance doesn’t necessarily pay to have your car fixed or replaced. The industry terms within your policy dictate how much you will get paid. For example, the following terms will all offer different payouts: liability coverage, collision coverage, actual cash value, agreed value, comprehensive coverage, under-insured and uninsured coverage. The best way to navigate the fine print of your policy is with an experienced agent who has your best interest in mind. At Daigle & Travers, we pride ourselves on being those kinds of agents.