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Guffey Insurance Services

3409 Williams Blvd #9
Kenner, LA 70065

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Does Auto Insurance Cover Theft?

Auto theft is a crime that strikes fear into the hearts of car owners everywhere. The feeling of walking out to where you parked your beloved vehicle, only to find it missing, can be a gut-wrenching experience. In such moments of distress, understanding the extent of your auto insurance coverage becomes crucial. Do you have the protection you need if your car falls victim to theft? At Guffey Insurance Services LLC in New Orleans, LA, we are your partner for auto insurance in the event of the unexpected.

Does Auto Insurance Cover Theft?

Many people assume that auto insurance automatically covers theft, but the reality is more nuanced. Most standard comprehensive auto insurance policies include coverage for theft and offer financial protection in case your vehicle is stolen. However, it’s important to review your policy details to understand the extent of theft coverage provided.

In cases of vehicle theft, auto insurance can help cover the cost of repairing or replacing your stolen vehicle. This coverage typically extends to both the car itself and any personal belongings inside at the time of the theft. Some policies may also include reimbursement for rental cars during the time it takes to resolve the theft claim and replace your vehicle. It’s crucial to be aware of any limitations or exclusions in your policy regarding theft coverage and consider adding optional endorsements if needed for specific circumstances. At Guffey Insurance Services, we can help you get the coverage you need.

Contact Guffey Insurance Services LLC in New Orleans, LA for Auto Insurance

At Guffey Insurance Services LLC, we understand the importance of having quality auto insurance. Having the peace of mind of knowing you are protected is invaluable. Contact us today to speak with an agent and start your policy. 

Uninsured/Underinsured Motorist Coverage: An Essential for Every New Orleans Driver

Driving in New Orleans is not just about enjoying the scenic beauty of our unique city. With it comes the responsibility to ensure safety for ourselves and those on the road with us. Auto insurance plays a critical role in this context. While there are various components to auto insurance, we shine the spotlight on a component which many undervalue: the Uninsured/Underinsured Motorist (UM/UIM) coverage.

What is Uninsured/Underinsured Motorist Coverage?

Uninsured Motorist coverage protects you if you’re in an accident with an at-fault driver who doesn’t carry liability insurance. Underinsured Motorist coverage, on the other hand, comes into play when you’re in a collision with an at-fault driver whose liability limits are too low to cover the damage or medical expenses.

Why is UM/UIM Coverage Important in New Orleans?

Although auto insurance is a legal requirement in Louisiana, the Insurance Research Council reports that approximately 13% of motorists were uninsured in 2019. Beyond these figures, many drivers carry only the minimum liability coverage, which often doesn’t suffice in severe accident scenarios. Thus, you could incur significant out-of-pocket costs if involved in an accident with such drivers. UM/UIM coverage is a safety net you need in such situations.

Choosing UM/UIM Limits

It’s crucial to opt for UM/UIM coverage on par with your regular liability limits. This ensures you have the same level of protection whether the at-fault party is insured adequately, underinsured, or not insured at all.

At Guffey Insurance Services in New Orleans, LA, we believe in comprehensive coverage that shields you from all vulnerabilities on the road, including those presented by uninsured or underinsured drivers. Get in touch with us to discuss your auto insurance needs and include this essential component in your policy.

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