Liability Coverage: Pays for bodily injuries to other
people or damage to their property, if you are liable. Pays
whether your car is driven by you, a qualified family member, or
another driver using your car with your permission. This coverage
is mandated by the State of New Mexico.
Property Damage: Pays for property damaged (car, fence posts, bus stop etc.) as a result of your negligence in an accident deemed your fault. Does not include your property.
Medical Coverage: If you and your passengers are injured in an auto accident, this will pay for you and your passengers' medical expenses up to a specified amount in your coverage.
Uninsured Motorist Coverage: This will pay for any bodily injury claims for you and your household passengers in the event that a negligent uninsured motorist hits you or a hit and run.
Comprehensive Coverage: Pays for damage to your car in the event of theft, fire, vandalisum, glass breakage, wind storm, sand storm, falling objects, animals, water or flood. Pays for the actual loss incurred less the deductible you selected.
Collision Coverage: Pays for accidental damage to your car by collision with any object or by upset. Pays up to the actual value of your vehicle less the deductible, you selected.
Uninsured Motorist/Property Damage: If you are involved in an accident with an uninsured motorist and you are not at fault, than Farmers pay for the damages less a state mandated $250.00 deductible.
Loss of Use: Includes Car rental and travel expense. It pays up to $50 a day and up to $1000 while your car is being repaired for collision damage or comprehensive loss or pays up to a $1000 if your car is a total loss due to collision or comprehensive loss depending on the plan you select.
Towing and Road service: With just one toll free call, Farmers representative across the U.S. and Canada will help get you back on the road quickly and safely. You can just sign for reasonable and necessary service.
Y.E.S. Program: This is for teens and young adults between the age of 16 and 24. This is a safety course, developed by Farmers, to make young drivers aware of the statistics, and the penalties behind getting into an accident or getting a ticket. In order for the teens and young adults to qualify for the Y.E.S. program, the parents or guardian must qualify for Farmers Insurance. (No more than one ticket in the past 3 years with proof of liability coverage)
Social Security Number: and FARA Credit scoring is used to determine by far the largest discount Farmers has to offer. Like many other insurance companies, Farmers uses a risk modeling tool to predict the likelihood of future auto losses. This model is based on characteristics from your consumer (credit) report, but does not include any income, employment, or residence information. We believe that drivers with a lower likelihood of future auto losses should pay less than drivers with a higher likelihood of future auto losses. Ultimately, the model, in conjunction with your other factors (i.e. driving record, claims history, driving experience) allows us to charge drivers a rate reflective of their risk level. By providing your SS# and giving us your permission, we will be able to receive your FARA score. This score is in the form of a letter of the alphabet from A to Z. We will use this letter to accurately determine your new rate. This will not reflect your credit rating in any way and we will only receive the score value only.
If you have any questions, contact Canfield Insurance Agency at (505)
857-0222 or