Auto Insurance

Auto Insurance

Auto insurance shopping tips

Woman in her carAuto insurance regulations vary from state to state, which means you'll have to purchase different amounts of insurance and different coverages depending on where you live. Most states have a law somewhere that requires people to have auto insurance, or other proof that they can pay for damages they might cause in an auto accident.

The rules of common sense also dictate that you buy, at the very least, liability insurance. If you cause an accident (and it can happen to anyone), you're going to have to pay for those damages. Liability insurance will pay for medical bills, lost wages and property damage up to the limits of your policy. If you don't have liability insurance, then you may end up paying for those damages with your assets, your home and your wages.

Know what you're buying

The first thing you need to do is educate yourself about the thing you're buying. Find out which coverages are required in your state, which coverages you really need, and which coverages you can do without. For more information about the different kinds of auto coverages, give us a call.

Keeping costs down

Regardless of where you live or what you're required to buy, there are some things that you can do to make sure you're getting the best deal. The most important thing to do is shop around. Call as many agents or companies as is humanly possible. Yes, we know it's a drag and it takes a lot of time. Yes, we know that you may have to answer the same questions repeatedly. But look at it this way: Would you walk up to the first house you see and decide to buy it? Would you buy the first car you see in the dealership? Doing a little research can save you hundreds of dollars a year in premiums.

All that being said, price is not the only factor to look for when you're shopping for insurance. It's also important to look at the company that's actually going to be paying your claims.

Here are a few other shopping tips:

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