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A New Car

 

You’re thinking about purchasing car insurance but you don’t know where to start. You’re not alone; millions of people just like you have the same problem.

Before purchasing auto insurance, you must consider a variety of factors including what kind of car you have, your driving record and the amount of money you are willing to pay. Understanding the simple basics of auto insurance will make you confident that the car insurance policy you choose will take care of your needs in the event of an accident.

Although insurance policies and prices vary from company to company, there are three basic types of coverage you’ll want to consider.

Liability: If an accident is your fault, the insurance company will usually cover the damage you caused, including bodily injury and property damage.

Collision: The insurance company will pay for repairs performed after an accident. Make sure you go to a repair shop approved by the agency.

Comprehensive: Damage from vandalism, theft, floods, fires and other events is covered but make sure you know all the details and exclusions of your policy. Uninsured and underinsured protection is also important as well.

Find Out Your Auto Lender’s Preferences

If you owe money on your car (through your loan), your lender may have some rules on the kinds and amounts of coverage you’ll need. Most lenders want a comprehensive coverage package to protect the car in the event of accident. However, if you own your car outright and have the title, you are free to select the insurance you feel most comfortable with as long as you comply with state insurance requirements.

What’s The Smart Amount Of Coverage For Me?

Figuring out how much time you spend in your car and the number of hazards that your car faces on a regular basis (traffic, parking, etc.) can help you figure out the coverage you need. If your car is frequently exposed to hazardous conditions, you may want to consider adding more coverage. If you keep your car in a garage most of the time, you probably don’t need as much coverage as someone who is parking on congested city streets every day.

As your independent insurance agent, we will ask you about your driving habits and offer a plan that is appropriate for you. You should also consider where you live, work or go to school. Are you concerned that your car may get stolen or vandalized? Weigh all these things when choosing your insurance plan. We can easily increase your coverage if necessary.