When it comes to choosing a car insurance policy, many of us let the premium price drive our decisions. But cutting corners on cost could leave you under-insured and overexposed to the risks of the road.
1. Do I Have All the Coverage I Need?
This first answer to this question will depend on the state where you live. At a minimum, most states require liability insurance, which covers the cost of accident-related injury, death, vehicle damage, property damage, and legal fees.
2. Am I Getting All the Discounts and Savings I Can?
The cost of insurance partly depends on the coverages, deductibles and policy limits you choose. It is also based on your “risk rating” — a calculation used to determine the likelihood that you will be making a claim in the future. Factors such as the age, gender, driving record, insurance score and garaging location of the vehicles on your policy will largely determine the price of your premium.
3. What Is Covered if My Car Is in an Accident or Gets Damaged?
Be sure to ask your insurance rep whether optional coverage like roadside assistance and rental reimbursement are right for you.
Another important coverage to discuss with your rep is uninsured/under-insured motorist insurance, which can help pay for damages and medical expenses if you get hit by a driver who has no insurance or inadequate coverage.
4. What is Covered if My Car Is in an Accident and Someone Is Injured or Dies?
While bodily injury liability insurance is a requirement in most states, the minimum level of coverage may not offer adequate protection. Discuss policy limits with your insurance rep before purchasing car insurance. Remember: you will be personally responsible to cover any costs above this limit.
Ask your insurance broker to help you determine your need for additional coverage options and protections, too. Depending on where you live, these can include:
Personal injury protection.
Medical payments coverage.
Uninsured/underinsured motorist coverage.
Work/income loss coverage.
Accidental death benefits.
Funeral expense coverage.
First party benefits.
We make quick and easy to get car insurance today. Wherever you go, feel confident that you, your loved ones and your pockets are properly protected. Let us worry about the risks of the road, while you enjoy the freedom of the ride.
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