Auto and Home Owner’s Insurance

Home Owner’s Insurance

Whether it’s a 2 bedroom condo or a 5 bedroom estate, your home is your castle. It’s your refuge. It’s where you relax with family and friends. If something tragic happened to your home such as a fire or a tornado, you would want to get life back to normal as soon as possible. That’s where we come in.

There are several options when it comes to a homeowner’s insurance policy. We will work closely with you to make sure your home, your personal property and your personal liability are protected.

Click here to get a free insurance quote on your apartment, condo or house.

Auto Insurance

It is believed that the first move by society to deal with the financial results of an auto accident began back in 1927 in Massachusetts. Many states followed this lead and passed laws during the 1940’s requiring people to get insurance on their vehicle.

In today’s world, car insurance regulations vary from state to state. But one thing that holds true is that South Dakota requires mandatory car insurance.

There are many different part and pieces to an insurance policy, along with terminology that can be very confusing. That’s why we strongly suggest that you rely on the staff at American Trust Insurance. When you sit down to talk with us about your auto insurance, here are some of the terms that we will talk about.

Liability coverage

Bodily injury liability covers other people’s bodily injuries or death for which you are responsible. Claims may be for such things as medical bills, loss of income or pain and suffering. In the event of a serious accident, you want enough liability insurance to cover a judgment against you in a lawsuit, without jeopardizing your personal assets.

Property damage liability covers you if your car would happen to damage someone else’s property. Examples of property include a vehicle, house or fence.  This coverage also provides you with legal defense if someone would file a lawsuit against you.  We suggest purchasing liability limits to account for both your current assets and your future net worth.

Medical payments

After a car accident, you might find medical bills piling up. Medical payment insurance will cover your medical bills and any other passengers who were in your car at the time of the accident up to your policy limits. Some examples of expenses covered include medical, surgical or dental treatment, X-rays, prosthetic devices, eyeglasses, ambulance service, hospital and funeral costs.  Your policy’s “insuring agreement” will give the specifics of what exactly is covered under your policy.

Uninsured Motorist coverage

If you are in an accident where the other driver is at fault but has no insurance, your uninsured motorist coverage will cover your medical expenses up to the limit listed on your policy.

Underinsured Motorist coverage

If you have an accident with a person whose insurance coverage can’t pay for your bodily injuries, your policy will meet the difference – up to the limit of liability listed on your policy.

Physical damage coverage

Physical damage coverage is optional and is not required by the state of South Dakota. There are two different types of coverage that you can choose from – comprehensive coverage (otherwise known as other than collision) and collision coverage.

Collision coverage covers damage to your car when your car hits, or is hit by another vehicle or other object. If you lease your vehicle or get a loan for your vehicle, the lien holder may require this coverage.

Comprehensive coverage covers your vehicle for losses resulting from incidents other than collision. Some examples include damage to your car if it is stolen, damaged by flood, fire, or animals. If you lease your vehicle or get a loan for your vehicle, the lien holder may require this coverage.

Other coverages

  • Rental reimbursement
  • Towing and labor
  • Accidental death and disability
  • Custom parts and equipment

Click here to get a free insurance quote on your vehicle, boat, motorcycle or RV.