Every driver in the US needs auto insurance, but the minimum requirement often isn’t enough. True Coverage
Experts say that one of the most important things you can do to protect your finances is getting comprehensive auto insurance coverage. It’s not required in most states, but consider what could happen if you don’t have enough coverage. You might be responsible for the huge costs of repairing your vehicle. You could be left without a car. How would you get to work, or pick the kids up? Protecting yourself from this possibility is important for you and your family.
But auto insurance can be expensive, and full coverage is even more expensive. That’s because it covers such a wide range of things that can happen when you’re in the car. If you cause an accident, you’ll have to pay other drivers for damage to their car. That means you need insurance against this possibility, which is sometimes called liability insurance. You also may need to pay for damage to your car, and this coverage is sometimes called collision coverage. Many comprehensive insurance policies cover lots of other circumstances, like theft, property damage, damage due to storms or flooding, medical coverage, and even lost work time.
How Can I Get Cheaper Insurance?
Perhaps now you’re thinking about getting comprehensive but you’re worried about the cost. Don’t worry, there are some tried and true ways you can lower your premiums while still getting great coverage. The most important tip is to keep your driving record clean. Avoiding tickets and speeding fines shows the insurance company that you’re a safe driver and a small risk to them. They will reward you with lower rates. Over time, you can save thousands by maintaining a good driving record.