Pemco's Auto Insurance Recommendations: How Much Coverage Do You Need?

PEMCO Insurance is a regional insurance company that offers auto insurance to residents of Washington and Oregon. PEMCO is a mutual insurance company, meaning its policyholders are in full control. The company was founded in 1949 and operates from Seattle, Washington. PEMCO offers a range of insurance products, including auto, homeowners, condo, umbrella, pet, boat, motorcycle, scooter, ATV, utility vehicle, and renters insurance. PEMCO's auto insurance covers damage by other drivers, medical costs for passengers, and liability for accidents. The company also offers a variety of discounts and has excellent customer service.

Collision coverage

PEMCO Insurance offers collision coverage as part of its auto insurance policies for residents of Washington and Oregon. Collision coverage from PEMCO pays for damage to your car from a crash, minus your deductible, regardless of who is at fault. If you have a car loan, your bank may require this coverage. PEMCO also offers a leased auto discount, currently available in Washington, which provides a discount on both comprehensive and collision coverage for leased vehicles.

In addition to collision coverage, PEMCO offers a range of other auto insurance coverages, including liability, uninsured/underinsured motorist, personal injury protection, and comprehensive. The company also provides some less common options, such as accidental death coverage, pet coverage, and rideshare coverage. PEMCO offers various discounts on auto coverage, including good student, defensive driver, loyal auto customer, and low mileage discounts.

Comprehensive coverage

PEMCO's comprehensive coverage insures your car against damage that is not included in collision coverage. This includes damage from theft, fire, vandalism, and glass breakage. The coverage is subject to a deductible, and your bank will require it if you have a car loan.

Additionally, comprehensive coverage can provide peace of mind if you frequently park your car in areas with a high risk of vandalism or theft. It can also be beneficial if you have a custom or expensive audio system, as this type of equipment is often targeted by thieves.

PEMCO's comprehensive coverage also includes glass coverage, which is crucial if you live in an area with a lot of debris or gravel that could crack or chip your windshield. Glass coverage will pay for the repair or replacement of your windshield or other glass components, without requiring you to pay a deductible.

Overall, PEMCO's comprehensive coverage is an important aspect of their auto insurance offering. It provides protection for a wide range of scenarios that are not covered by collision insurance, giving drivers peace of mind and financial security in the event of unforeseen circumstances.

Underinsured/uninsured motorist coverage

PEMCO, a mutual insurance company serving residents in Washington and Oregon, offers underinsured/uninsured motorist coverage as part of its range of insurance products. This coverage is required in Oregon and optional in Washington. With PEMCO's underinsured/uninsured motorist coverage, you can rest assured that your car will be covered if it is damaged in an accident caused by an uninsured or underinsured driver.

PEMCO's underinsured/uninsured motorist coverage includes both bodily injury and property damage components. The bodily injury coverage pays for medical costs and other related damages if you or your passengers are injured in an accident caused by an uninsured or underinsured driver. On the other hand, the property damage coverage pays for repairs to your vehicle if it is damaged in such an accident.

In conclusion, underinsured/uninsured motorist coverage is a crucial form of protection for drivers, and PEMCO offers this coverage to its customers in Washington and Oregon. By choosing PEMCO's underinsured/uninsured motorist coverage, you can have peace of mind knowing that you are financially protected in the unfortunate event of an accident with an uninsured or underinsured driver.

Towing and labour coverage

PEMCO's Towing and Labour Coverage is a useful feature to have in case of an emergency. It provides assistance if your car breaks down and needs to be repaired on the spot or towed to a shop for further work. This coverage is ideal for peace of mind, knowing that you won't be stranded on the side of the road and that your car will be taken care of.

In addition to the convenience of having your car towed or repaired, this coverage can also help you save money on unexpected expenses. Without it, you would be responsible for the full cost of towing and labour, which can be quite expensive, especially for long-distance towing or complex repairs.

PEMCO's Towing and Labour Coverage is just one of the many ways the company safeguards responsible drivers and their vehicles. By offering this coverage, PEMCO provides its customers with the assurance that they will be taken care of in the event of a breakdown, reducing the stress and hassle of dealing with unexpected car troubles.

Rental reimbursement coverage

There are three rental car reimbursement options available for purchase: $30/day up to a total of $900 per occurrence, $50/day for up to $1,500, and $70/day up to $2,100. The annual cost is roughly $26, $44, and $59, respectively.

To be eligible for rental reimbursement coverage, you must have chosen collision and comprehensive coverage for your car. Collision coverage pays for damage to your car from a crash (minus your deductible), and comprehensive coverage includes damage to your car that's not caused by a collision, such as theft, fire, or vandalism.

PEMCO's rental reimbursement coverage is only available in the United States and Canada. If you're renting a car abroad, you may need to purchase additional insurance from the rental company.

Additionally, PEMCO's coverage has limitations when it comes to unique costs associated with rental cars, such as administrative fees, diminished value charges, or loss of use claims. In Washington, PEMCO can cover up to $750 of these fees, while in Oregon, this coverage is currently unavailable.

When deciding whether to add rental reimbursement coverage to your PEMCO policy, consider your personal situation. Do you have another car you can use if yours is being repaired? How easily can you make alternative transportation arrangements? Do you have an emergency fund that could cover the cost of a rental car for an extended period? These factors will help determine if rental reimbursement coverage is a worthwhile addition to your auto insurance policy.

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