Aon auto insurance is a comprehensive coverage option that offers a wide range of features to protect vehicle owners from unforeseen events. When considering Aon auto insurance, there are several key features to take into account to ensure that the policy meets the individual's or business's specific needs. In this article, we will delve into 9 Aon auto insurance features to consider, providing a detailed analysis of each feature and its implications for policyholders.
Introduction to Aon Auto Insurance Features
Aon auto insurance features are designed to provide flexible and customizable coverage options for vehicle owners. The company offers a range of features that cater to different needs, from basic liability coverage to comprehensive coverage that includes additional perks such as roadside assistance and rental car coverage. Understanding these features is crucial in making an informed decision when selecting an auto insurance policy. Some of the key features to consider include coverage limits, deductibles, and additional coverage options such as uninsured motorist coverage and collision coverage.
Feature 1: Liability Coverage
Liability coverage is a fundamental feature of Aon auto insurance, providing protection against damages or injuries caused to others in an accident. This feature includes bodily injury liability and property damage liability, which cover medical expenses and property damage, respectively. Policyholders can choose from various coverage limits, and it is essential to select limits that adequately protect their assets. For instance, a policy with a 100,000 bodily injury liability limit per person</strong> and a <strong>300,000 bodily injury liability limit per accident can provide sufficient protection for most drivers.
Feature 2: Collision Coverage
Collision coverage is another essential feature of Aon auto insurance, covering damages to the insured vehicle in the event of a collision, regardless of fault. This feature typically includes a deductible, which is the amount the policyholder must pay out of pocket before the insurance coverage kicks in. Policyholders can choose from various deductible options, and it is crucial to select a deductible that balances premium costs with the potential out-of-pocket expenses in the event of a claim. For example, a policy with a 500 deductible</strong> may have lower premiums but higher out-of-pocket expenses, while a policy with a <strong>1,000 deductible may have higher premiums but lower out-of-pocket expenses.
Feature 3: Comprehensive Coverage
Comprehensive coverage is an optional feature of Aon auto insurance, providing protection against non-collision related damages, such as theft, vandalism, or natural disasters. This feature typically includes a deductible and may have additional coverage limits. Policyholders should carefully consider their needs and select comprehensive coverage if they live in an area prone to theft or natural disasters. For instance, a policy with 1,000 comprehensive coverage limit</strong> and a <strong>500 deductible can provide adequate protection against non-collision related damages.
Feature 4: Personal Injury Protection (PIP)
Personal Injury Protection (PIP) is a feature of Aon auto insurance that provides coverage for medical expenses and lost wages for the policyholder and their passengers, regardless of fault. This feature is typically optional and may have additional coverage limits. Policyholders should consider their health insurance coverage and income protection needs when deciding whether to add PIP to their policy. For example, a policy with 10,000 PIP coverage limit</strong> and a <strong>1,000 deductible can provide sufficient protection for medical expenses and lost wages.
Feature 5: Uninsured/Underinsured Motorist Coverage
Uninsured/Underinsured Motorist Coverage is a feature of Aon auto insurance that provides protection against accidents caused by drivers who do not have insurance or have insufficient insurance coverage. This feature typically includes bodily injury and property damage coverage and may have additional coverage limits. Policyholders should consider the risk of uninsured or underinsured drivers in their area and select this feature accordingly. For instance, a policy with 100,000 uninsured motorist bodily injury coverage limit per person</strong> and a <strong>300,000 uninsured motorist bodily injury coverage limit per accident can provide adequate protection against accidents caused by uninsured or underinsured drivers.
Feature 6: Roadside Assistance
Roadside assistance is an optional feature of Aon auto insurance, providing 24⁄7 emergency services such as towing, fuel delivery, and lockout service. This feature may have additional fees and coverage limits. Policyholders should consider their driving habits and vehicle reliability when deciding whether to add roadside assistance to their policy. For example, a policy with 24⁄7 roadside assistance and a $100 coverage limit per incident can provide peace of mind and financial protection against unexpected vehicle breakdowns.
Feature 7: Rental Car Coverage
Rental car coverage is an optional feature of Aon auto insurance, providing reimbursement for rental car expenses while the insured vehicle is being repaired or replaced. This feature may have additional coverage limits and deductibles. Policyholders should consider their transportation needs and budget when deciding whether to add rental car coverage to their policy. For instance, a policy with 40 per day rental car coverage limit</strong> and a <strong>1,000 coverage limit per claim can provide sufficient protection against rental car expenses.
Feature 8: New Car Replacement
New car replacement is an optional feature of Aon auto insurance, providing coverage for a new vehicle of the same make and model if the insured vehicle is totaled within a certain timeframe (e.g., one year). This feature may have additional coverage limits and deductibles. Policyholders should consider the value of their vehicle and their budget when deciding whether to add new car replacement to their policy. For example, a policy with new car replacement coverage and a $1,000 deductible can provide peace of mind and financial protection against the total loss of a new vehicle.
Feature 9: Accident Forgiveness
Accident forgiveness is an optional feature of Aon auto insurance, providing protection against premium increases after an at-fault accident. This feature may have additional fees and coverage limits. Policyholders should consider their driving record and budget when deciding whether to add accident forgiveness to their policy. For instance, a policy with accident forgiveness and a $100 fee per year can provide financial protection against premium increases after an at-fault accident.
| Feature | Description | Coverage Limit | Deductible |
|---|---|---|---|
| Liability Coverage | Covers damages or injuries caused to others | $100,000/$300,000 | $0 |
| Collision Coverage | Covers damages to the insured vehicle | $10,000 | $500 |
| Comprehensive Coverage | Covers non-collision related damages | $1,000 | $500 |
| Personal Injury Protection (PIP) | Covers medical expenses and lost wages | $10,000 | $1,000 |
| Uninsured/Underinsured Motorist Coverage | Covers accidents caused by uninsured or underinsured drivers | $100,000/$300,000 | $0 |
| Roadside Assistance | Provides 24/7 emergency services | $100 | $0 |
| Rental Car Coverage | Covers rental car expenses | $40 per day | $0 |
| New Car Replacement | Covers a new vehicle of the same make and model | $10,000 | $1,000 |
| Accident Forgiveness | Protects against premium increases after an at-fault accident | N/A | N/A |
In conclusion, Aon auto insurance features provide a wide range of coverage options to protect vehicle owners from unforeseen events. By understanding these features and their implications, policyholders can make informed decisions when selecting an auto insurance policy that meets their specific needs and budget.
