Finding the Right Auto Insurance for YOU

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You need auto insurance, but insurance policies can look like a jumble of jargon and figures if you don’t know what you’re looking for.  Finding the right insurance policy requires attention to the finer points of detail in order to ensure that you get all the coverage you need without paying too much for it.  Read on to demystify the process of learning about and purchasing an auto insurance policy that’s right for YOU.


There are several different types of insurance available, and they each come with different scopes of coverage and price tags to match.  Full coverage auto insurance typically refers to insurance policies that include some combination of collision insurance, comprehensive insurance and liability insurance.  Full coverage is the best option when you want to make sure that you have the most protection possible for your vehicle, your own body, and the health and property of others should you be held “at fault” in an auto accident.  Full coverage insurance will compensate you for damage to your vehicle (minus your deductible, which is paid by you and varies in amount according to your policy), injury to yourself and others, and damage to someone else’s vehicle.


Full coverage auto insurance is the insurance of choice for those who want the greatest possible peace of mind.  Unfortunately, full coverage auto insurance policies are also usually the most expensive.  If you’re an insurance buyer on a budget, it pays to break down your insurance into components and figure out which of those policies you definitely need or may not need.


Collision insurance covers your vehicle in the event of a collision, i.e. if your vehicle collides with an inanimate object (such as a tree or a fence post) or someone else’s auto .  Collision insurance is important so you don’t have continue making payments on a car that gets damaged or totaled in an accident.  If you have newer, more expensive and/or financed vehicle, you’re definitely going to want collision insurance.


Not all accidents happen when you are driving; for those, comprehensive insurance protects your car, truck or SUV in the event of any non-collision accident.  These may include such instances as instance vandalism, theft, natural disaster or fire.  You may decide that, because you live in a safe neighborhood that doesn’t tend to flood or experience hurricanes, you might not need comprehensive insurance.  Still, it is a risk worth considering.


Liability insurance is one of the most important types of insurance — so important that it is mandatory in some states.  Liability insurance is for those situations when your negligence as a driver results in an injury to someone else (bodily injury) and/or damage to their vehicle (property damage).  There are various “limits” to liability insurance payouts, and lowering your limits is one thing you can do when you’re trying to lower your insurance bill.


Whether you choose full coverage, collision, comprehensive or liability insurance, make sure you always carry your proof of insurance with you in your vehicle.


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