Use the RK Toyota Virginia / RK Scion auto insurance glossary to make quality decisions when insuring your new vehicles.

Whether you’re buying a brand new car, truck or SUV, or a quality used one that’s new to you, use this glossary to understand your auto insurance coverage.

Understand the role that these auto insurance professionals play:

• Adjuster: appraises damage or injuries from accidents
• Insurance agent: represents a particular insurance company; he or she sells their auto insurance products to you
• Insurance broker: recommends products from multiple insurance companies

Discover what each type of coverage means to you:

• Bodily injury liability coverage: offers protection for policyholders who cause injuries in accidents; helps pay medical expenses / lost wages of the injured
• Full auto insurance coverage: policy contains both collision and comprehensive auto insurance; collision pays for repairs after a collision with another vehicle and comprehensive covers loss by fire, theft, vandalism and other non-collision causes
• Liability coverage: offers protection when you are responsible for damage or injuries sustained in an auto accident

Know how these auto insurance terms might affect you:

• Benefit: monetary compensation provided by an insurance agency to cover damage or injuries
• Claim: request for reimbursement for a covered loss
• Deductible: amount required to pay out-of-pocket when filing a claim
• Emergency road service: covers pre-determined portions of costs for towing, tire changing, gas, oil and water delivery, as well as battery and lockout services
• Exclusions: not covered by insurance policy
• No-fault insurance: allows for claim settlement without determining liability

Choose RK Toyota Virginia / RK Scion as your one-stop information resource when buying a car, truck or SUV.

Stop by today! We’re here to answer your questions and to help you. Call us at 757-486-2222 or email us today.