Serving Tulsa, Claremore, Broken Arrow, Northern Oklahoma
Dorsey Insurance Agency has been in business for over 30 years and we have built our reputation by putting our customer's needs, desires and wants first! Our dedicated staff of experienced agents are committed to helping you with all of your insurance needs. We specialize in auto, home, farm/ ranch, and business insurance. We proudly serve Tulsa, Claremore, Owasso, Jenks, Broken Arrow and the surrounding areas in state of Oklahoma.
What Is Auto Insurance And Why Do You Need It?
Life is risky, and driving can be dangerous. The best way to mitigate or lessen the risk is with insurance. Car insurance protects you financially in the event you cause an accident. Car insurance is so important that state governments regulate and enforce it. Almost all 50 states require a minimum of liability coverage for anyone to drive a car legally.
Insurance companies pool everyone’s money together and use it to payout claims. Not everyone will have an accident, so even though you are only paying $1,427 a year (the national average), there is plenty of money in the pool to cover many times that amount if you have a terrible accident.
Causing an accident when you don’t have auto insurance will not only generate fees and other legal punishments but will leave you on the hook for paying for all the damages and injuries.
Common Types Of Auto Insurance Policies
While a minimum liability policy will allow you to drive legally, it’s probably not enough coverage for most people. Luckily, there are several types of policies that offer you much more protection.
- Liability Insurance: Each state will require a slightly different minimum amount of liability insurance you must carry. Liability coverage only pays claims for the party that you hit in an accident. It will have minimum amounts it will pay for medical and property damage. It will pay nothing towards your own injuries or vehicle repairs.
- Collision Coverage: If you want help paying for your own damage after an accident you cause, then you’ll need collision coverage. This policy will pay to fix or replace your car and extends to collisions with objects like trees or fences, and even accidents that don’t involve another object such as car-flipping.
- Comprehensive Coverage: Sometimes, damage to your car isn’t caused by an accident. Comprehensive coverage will help pay for repairs or replacement if your car is stolen, vandalized, or damaged by weather and falling objects. Full Coverage Auto Insurance: You might have heard the term “full coverage” when talking about auto insurance. This isn’t a specific policy; it’s industry shorthand for stating that a person has liability, collision, and comprehensive coverage. Full coverage is best for most people. If you’ve purchased your car using financing, the bank will require you to carry full-coverage auto insurance until the car is paid in full.
Affordable Business, Auto and Home Insurance
We make finding affordable insurance easy. We shop through over 15 different companies to provide you with the lowest price to fit your needs. Do you know if you are saving the maximum amount possible on your current insurance policy?
Instead of having to give out a lot of your personal information, we make it an easy and quick process to get the basic information we need and get the rates to you. If you prefer to call in and speak with an Agent, we can get you a fast quote by phone as well. Another option is to text us at 918-516-8242, this a text line where you can get a fast quote texted back to you. We try to make it as simple of a process as possible. We can review it for you to find out! Contact us now to get a free quote!
What Does An Average Homeowners Policy Cover?
The main job of a homeowner’s policy is to help you pay for damage to your home’s interior and exterior. The damage can be from weather, fire, vandalism, or other covered perils. After an incident that damages the home, you might need repairs or even a whole new home. Personal items are also covered, but the amounts and limits will differ by policy. You can add on more insurance coverage for expensive personal items like jewelry and artwork with separate riders. Coverage for possessions is typically around 50-70% of the total insured value of your home. Let’s say you had an insured home value of $200,000; your personal items could be covered for up to$140,000 in some cases. In addition to providing risk coverage for your home and possessions, your policy also comes with some personal liability for injuries. If someone falls inside your home and is hurt, then your homeowner’s liability could cover the costs. Your policy might also cover hotel stays while you are put out of your home for repairs. There are strict rules and limitations, however, so read your policy carefully.