Category: Auto Insurance

Adding a New Driver to Your Auto Insurance Policy in Sioux Falls, SD

Having a new driver in your household warrants an important change in your auto insurance policy. Including them in your policy helps protect them, you, your vehicle, and others on the road. For residents in Sioux Falls, SD, Wilcoxon Insurance Inc. is a trusted choice for assistance with this process. We’ll guide you through adding a new driver and ensure you get the most appropriate policy for your needs. Experience peace of mind with our multiple insurer quotes, giving you various options.

Getting professional advice is crucial when dealing with car insurance matters. From adding another driver, changing your vehicle, moving within the town, or simply reviewing your policy, we are here to help. Confidence in your coverage is essential, and having everything accurate on your policy is paramount. By working with us, you are guaranteed personalized support with several quotes to compare and make an informed decision. Our team is here to answer all your questions about the policies you’re considering, allowing you to select the one that suits your needs and lifestyle. With Wilcoxon Insurance Inc., policy selection is no guesswork.

If you’re in the Sioux Falls, SD, area and looking to add a new driver to your auto insurance policy, contact us at Wilcoxon Insurance Inc. We aim to make the process as quick and effortless as possible so you can continue enjoying your drives, knowing your new driver and yourself are adequately protected.

Like other types of insurance, auto policies offer riders, also called endorsements. Common endorsements include accident forgiveness and roadside assistance coverage. This blog considers the available endorsements available to a Sioux Falls, SD policyholder from Wilcoxon Insurance Inc. 

Riders That Don’t Sit in Your Vehicle 

When we mention insurance riders, we refer to a policy endorsement or scheduled item. These terms mean specific coverage added to a basic policy. It adds a little bit to the monthly premium cost but proves worth it if you ever need it – whatever it is. Auto insurance riders vary by carrier, but the 14 most common endorsements include: 

• Accident forgiveness, which forgives your first accident incurred while covered by the policy, so your premium doesn’t increase
• New car replacement coverage, which replaces your totaled vehicle with a new car of the same make and model
• Rideshare coverage, a type of gap coverage, also referred to as transportation network driver coverage, covers what your personal auto insurance and the rideshare company’s coverage do not.
• Roadside assistance coverage provides emergency assistance when you have a flat tire, the vehicle breaks down, or the battery dies.
• Business use, to cover your occasional use of your vehicle for business
• Custom equipment, which covers your aftermarket changes to the vehicle
• Gap insurance, which covers your auto loan if the vehicle gets totaled before you pay it off
• Limited Mexico coverage, which lets you drive your vehicle in Mexico under appropriate insurance conditions
• Low-speed vehicle to cover your golf cart under your auto policy
• Named driver exclusion lets you exclude an individual in your household from coverage under the auto policy
• Named non-owner coverage, which provides the policyholder with coverage even if they don’t own a vehicle
• Snowmobile coverage insures your snowmobile on your auto policy
• Trailer/camper body insures your trailer or small camper on your auto policy
• Trip interruption covers your personal or business trip if a breakdown or accident interrupts it, so you don’t lose money on hotel reservations, airplane tickets, etc.

You’d typically use named driver exclusion if you forbid a family member, for instance, a teen, from driving one of the family vehicles, such as a sports car. Named non-owner coverage provides auto insurance for those who don’t own a car, but rent one frequently.

Customize Your Auto Policy

Contact Wilcoxon Insurance Inc. to customize your auto insurance. Why settle for basic auto coverage when you travel in and around Sioux Falls, SD? Get the coverage you need by adding endorsements to your policy.

Driving can be many things for many people. From that primary means of transportation to a fun way to spend a weekend afternoon, it is also a potential risk for everyone. That is also why drivers from in and around Sioux Falls, SD rely on Wilcoxon Insurance Inc. to keep them safe.

Safe Drivers Drive Prepared

According to recent reports, an estimated one in eight drivers is uninsured. And it doesn’t matter how good of a driver you think you are, an uninsured driver is an unsafe driver and presents serious financial and physical risk to others on the roadway.

The good news is that with the right insurance and coverage for concerns like uninsured motorists, safe drivers can be better prepared for the potential risk unsafe drivers pose. We never know when we might be involved in an accident, and we hope we never are, but auto insurance is there to protect us, just in case.

Auto Insurance for Repairs, Protection, and More

To help with repairs following an accident, to help with medical expenses and or damages caused by uninsured motorists, and peace of mind every time we hit the road, the right insurance makes a difference. To work, for that Sunday drive, and for every reason in between, regardless of why you drive, auto insurance is there to protect you every mile.

For All Your Auto Insurance Needs

If you live in Sioux Falls, SD and are looking for insurance or shopping auto insurance rates, the team at Wilcoxon Insurance Inc. can help. Contact us to learn more or if you have any questions, and let us help with all your auto insurance needs today.

Whoops, you did it! You dinged up someone’s car in a Sioux Falls, SD parking lot. Now what do you do? Run for it? Cameras are everywhere, so maybe that’s not a good idea. Leave a note? You don’t want to get sued for more than you owe. Leave cash? It can get stolen. Resist the urge to panic. 

Here’s what you have to do:

Own What You Did

No matter how minor the damage, leaving the scene counts as hit-and-run. You could be on a surveillance camera, so keep that in mind. You need to try and track down the vehicle’s owner. Go to the nearest business, where the owner is most likely to be, and ask someone at the service desk to page someone with a car matching the description of the one you damaged.

If the person doesn’t show, then it’s time to leave a note. Write down your name, phone number, and other info along with a brief explanation, and leave the note under the windshield wiper. Take down the license plate number and photograph the damage. If the damage was very severe, you might have to call the police and explain what happened. It’s better than having someone call the police on you.  

Working With Your Insurance Company 

Report the incident to your insurance company right away. If you have property damage liability coverage that will cover the cost of the damages. Will your insurance rates go up? That depends. Were you ticketed? Did the damage reach the company’s chargeable accident threshold? Have you made a habit of getting into vehicular scrapes? These can all make your rates go up considerably. 

Wilcoxon Insurance Inc. Is Here To Help

If you are in the Sioux Falls, SD area and are in need of auto insurance contact Wilcoxon Insurance Inc. We will get you the help you need. 

There are many options for choosing an insurance plan for your vehicle. When comparing plans, it’s important to know the difference between them to make an informed decision. Considerations such as your vehicle’s age, model, value, and more should help you decide which plan will best meet your needs.

Understanding Collision Insurance

Collision insurance covers damage repairs if your vehicle collides with another car, an object (like a fence or tree) or encounters a road hazard like a guardrail. This is a bare-bones insurance plan that may work if you’re driving an older vehicle at the end of your life. While it can be tempting to go with collision insurance, you might regret not choosing a more involved plan later.

Coverage Under Comprehensive Insurance

Comprehensive insurance covers damage from non-collision events, like fires, vandalism, falling objects, natural disasters, and more. It provides an extra layer of protection to collision insurance and accounts for more things that could go wrong with your vehicle. Since we can’t control the weather, robberies, fires, and things of that nature, it makes sense to protect yourself against them.

Collision and Comprehensive Insurance Bundles

These two types of insurance are often bundled together, giving you two layers of protection for your vehicle’s well-being. Sometimes they might not be enough coverage, though, as they don’t cover damage done to another car. Therefore, you need an agent who can explain these plans in depth.

Looking for Auto Insurance in Sioux Falls, SD?

At Wilcoxon Insurance Inc., we know how confusing navigating the world of vehicle insurance can be. Our agents guide you through your options and tailor a plan that fits your needs.

Learn more about collision vs. comprehensive insurance by calling Wilcoxon Insurance Inc. in Sioux Falls, SD.

With the ever-changing roads and highways in Sioux Falls, SD, it’s essential to have auto insurance coverage to give you peace of mind while driving. There are many add-on services and features available from Wilcoxon Insurance Inc. that can enhance your driving experience.

Let’s look at some of the most popular options:

Rental Reimbursement Coverage

Rental reimbursement coverage is an add-on service that can help cover the costs of renting a car if yours is damaged or stolen. If your vehicle is out of commission for over 24 hours, this coverage will pay for a rental so that you can get back on the road quickly and safely. At Wilcoxon Insurance Inc, you can customize this coverage to fit your needs, so you don’t have to worry about paying for a rental.

Towing and Labor Coverage

If you find yourself stranded on the side of the road with a dead battery or flat tire, towing and labor coverage is there to help. This add-on service covers up to a certain amount of towing your vehicle, depending on monthly plan limits and any labor fees incurred when getting your car running again.

Reimbursement for Travel Expenses

If you’re ever in an accident away from home, this add-on feature helps cover hotel costs and other travel expenses related to returning home safely. Depending on the plan chosen, reimbursement for travel expenses may also cover meals and other incidentals, such as lost wages due to time spent away from work while recuperating from an accident.

Get The Right Coverage For Your Needs

Whether you need rental reimbursement coverage or reimbursement for travel expenses, Wilcoxon Insurance Inc has plans tailored for drivers in Sioux Falls, SD. Contact us today for quality auto insurance add-ons to improve your driving experience. We look forward to helping you get back on the road safely and securely.

Deciding on the right auto insurance coverage can be a difficult and confusing task. There are so many different types of coverage available, and it can be hard to know which one is right for you. At Wilcoxon Insurance Inc. in Sioux Falls, SD we understand the confusion and are here to help. In this blog post, we will discuss some of the different types of coverage available and give you some tips on how to choose the right coverage for you. 

Basic Coverage Types 

There are four basic types of auto insurance coverage: bodily injury liability, property damage liability, collision, and comprehensive. If you accidentally injure someone, bodily injury liability insurance will cover their medical bills and other associated expenses. 

If you cause an accident that damages another person’s property, such as their vehicle, property damage liability will cover those repairs. Collision coverage pays for damages to your own vehicle that are caused by an accident, regardless of who is at fault. Comprehensive coverage pays for damages to your vehicle that are caused by non-accident events, such as vandalism or weather damage.

How to Choose the Right Coverage 

Now that you have a basic understanding of the different types of coverage available, how do you choose the right coverage for you? The best way to start is by getting quotes from different insurers and comparing rates. 

Once you have a few quotes, you can start looking at different coverage options and deciding which ones are right for you based on your needs and budget. If you are unsure which coverage options to choose, our team at Wilcoxon Insurance Inc. can help guide you in the right direction. 

Get Auto Insurance Today

In conclusion, choosing the right auto insurance coverage can be a difficult task. However, armed with a basic understanding of the different types of coverage available and some tips on how to choose the right coverage for you, it doesn’t have to be so daunting. If you need help deciding on the right auto insurance coverage for your needs, our team at Wilcoxon Insurance Inc. in Sioux Falls, SD would be more than happy to assist you. Give us a call today.

Having a reliable mode of transit in the Sioux Falls, SD area is quite important. As you are looking to drive a motorcycle when you are here, it would be a good idea to have proper insurance for it. As you are looking for this insurance, you will find that it offers various forms of coverage and benefits that make it a good option and investment.

The Value Of Having A Motorcycle Insurance Plan

Reduce Liability Risks

An important reason for anyone to get a proper motorcycle insurance policy in this area of the state is to reduce the risk of liability. There is always going to be a risk that you could cause an accident when you are operating your motorcycle. In these cases, you will have to pay for any damage that you cause. If you get motorcycle insurance, it will provide the support you need if you cause an accident.

Protect Asset

You also should have motorcycle insurance to protect your asset. There is always a big cost that comes with purchasing a motorcycle. To ensure this investment pays off, you should consider investing in your own motorcycle insurance plan. If you get the right coverage, it will provide the support you need to ensure you can replace or repair the motorcycle if a loss is incurred.

If you want to be a motorcycle owner in the Sioux Falls, SD area, it would be a good idea to get a proper insurance plan for it. There are a lot of choices that you need to make here and calling the team with Wilcoxon Insurance Inc. is a good first start. If you work with Wilcoxon Insurance Inc., you will get to learn much more about your different insurance options and how they can protect you.

When you own a vehicle, it comes with some risks. You need to protect yourself from the risks that come with driving. The state of South Dakota has auto insurance requirements that all drivers are mandated to follow. At Wilcoxon Insurance Inc. in Sioux Falls, we make sure that all of our customers understand the law and have the insurance they need to stay on the right side of the law.

In South Dakota, you need to show proof of financial responsibility. The easiest way to do that is with auto insurance. The amount of coverage you must have is 25/50/25  plus uninsured motorists. This breaks down as $25,000 for a single person injured in an accident where you are the responsible driver, $50,000 for the entire amount of injuries in an accident, and $25,000 for property damage. The uninsured and underinsured motorist coverage needs to be at least the amount of the minimum required for injuries.

If you have an auto loan, your lender will require that you have coverage to protect your vehicle as well. That means having comprehensive and collision coverage. Collision coverage protects your vehicle from damage due to a collision. It can be with another vehicle when you are responsible, it can be a one-vehicle accident or even a hit-and-run. There is a deductible of your choosing with this coverage.

Comprehensive coverage is for damage your vehicle sustains that is not caused by an accident. It also covers you for the theft of your vehicle and for glass damage. The types of other coverage it provides are for things like hail and wind damage, flooding, and a deer that runs in front of your vehicle.

If you need your vehicle, having this coverage is a good choice. 

Contact Wilcoxon Insurance Inc. in Sioux Falls, SD when you are in the market for auto insurance.

Finding an excellent car insurance policy can be a complicated process for many people. We at Wilcoxon Insurance Inc. have worked with many Sioux Falls, SD residents who don’t quite understand the complexities of this process and need help managing this situation properly.

Policy Costs May Significantly Vary

Looking at an insurance policy with its many payment terms can be pretty confusing. Thankfully, the three most important terms are surprisingly easy to understand and include:

• Premiums – These consist of your monthly payments.
• Deductibles – These include what you pay before your policy kicks into play.
• Copays – Anything you have to pay for your coverage with your provider.

These cost factors vary based on your policy and may change if you tweak them. For instance, changing your premiums to a higher level will decrease your deductibles. Therefore, consider these factors before you buy a policy.

Insurance Types Vary

When choosing insurance, you may see a lot of types that don’t make sense to you. Just a few options you may consider include:

• Liability coverage for accidents
• Uninsured motorist protection against other drivers
• Medical insurance for other riders
• Collision and comprehensive policies for repairs
• Personal injury protection for any injuries in a crash
• Gap policies to cover loan costs
• Accident forgiveness to minimize your accident penalties

Understanding these coverage options makes it easier to choose those that make the most sense for you. So make sure you work with your agent to minimize confusion here.

Coverage is Available for You

At Wilcoxon Insurance Inc., we can help Sioux Falls, SD area residents get the high-quality coverage necessary to keep their car safe. So please contact us today to learn more. Our experts will do what they can to make sure that you are happy with your coverage options as a person.