Your Auto Insurance Agency In Norman, Oklahoma
Tatum insurance is an independent agency with an office in Norman, Oklahoma. We are selling auto insurance policies at competitive prices with adequate coverage to the Norman community. Our auto insurance professionals will give you expert advice and help you to choose the right coverage.
We will educate you about different car insurance policies and state law in this regard. As an independent agency, Tatum insurance gives you unbiased advice because we sell insurance from several carriers. We work for you, not the carrier.
As an independent insurance agency, Tatum insurance sells a wide selection of insurance policies including auto insurance. We sell insurance packages from multiple carriers; however, we work for you, not the carrier. Our team of experts will educate you about different car policies in a simple and easy to understand language. We will make sure that you find the right car insurance at competitive pricing with adequate coverage.
The Different Types of Auto Insurance
Auto insurance policies are different in each state. Types of coverage and minimum coverage limits depend on the state you live. In Oklahoma, the tort insurance system means that if an accident happens, someone has to be accountable (at fault) for causing it.
This person has the financial responsibility to cover the related cost as a result of the accident. Drivers are required to carry a basic liability insurance policy to pay for:
- Property Damage
- Bodily Injuries
Property Damage Liability
It is mandatory for drivers to carry property damage liability with a minimum coverage of $25,000. This set amount is meant to pay for damages to another person’s car or other property you may be held at fault.
Bodily Injuries Liability
Drivers must carry this liability with a limit of at least $25,000 per person and $50,000 per accident to cover the cost of injuries for the victims.
This mandatory insurance is designed to protect drivers from lawsuits. An accident victim may seek compensation for damages such as:
- Lost Income
- Bodily Injury
- Damaged Property
Collision insurance pays for repairs and replacement of an insured car after it has been involved in an accident with another vehicle. If the vehicle rolls over, this coverage will also compensate for the loss. A deductible normally applies to claims.
This is optional insurance coverage. It pays for damages and loss caused by most events which do not fall under the collision coverage. Such events include:
- Hail Storms
Comprehensive insurance typically includes coverage for glass such as cracks in your windshield. This coverage usually has a deductible.
Why You Need Auto Insurance
Car insurance is mandatory in 48 states and the District of Columbia. If you are at fault of an accident, the auto liability coverage on your insurance policy compensates the other party’s medical expenses. It will also pay for property damage and legal fees in case you are sued.
To Protect Your Finances
If you are to blame for causing a crush, you may be required to pay costs associated with it. Such costs may include:
- Medical Expenses For The Victims
- Legal Fees
- Lost Income
Liability coverage may pay for these costs. You would have to pay out of your pocket without car insurance.
To Satisfy Loan Requirements
If perhaps you want to finance or lease your vehicle, your lender requires you to buy collision coverage and comprehensive coverage. This two coverage may help to repair or replace the vehicle after damages from a covered loss. The lender has to protect their interest also.
Our Office In Norman, Oklahoma
We have an office in Norman, Oklahoma. We have experienced in selling auto insurance policies for more than 60 years. Tatum insurance helps the Norman community to get competitive pricing and adequate coverage.