Auto insurance is not a one-size-fits-all product. All drivers are required by law to carry public liability insurance for coverage of claims resulting from injury to other people or damage to other people’s property, but coverage for any damage to your car is optional. OIC will work with you to tailor a policy that meets your specific needs at a competitive price. Auto insurance is required by law to protect you from the financial burden resulting from property damage or injuries caused in a collision. The policy will also provide coverage for medical expenses and loss of income after a car accident.
Your insurance rates are determined by many factors. The type of vehicle you own and your driving and insurance histories are the most important. Age, gender, marital status and the area you live in also contribute to the rating structures used by insurance companies. Similarly fleet insurance can be extended at most effective pricing.