AUTO INSURANCE

AUTO INSURANCE

Auto insurance coverage is designed to protect you in the event of an accident loss or theft To get coverage you need to purchase a policy from a licensed insurance agent broker or company

The policy acts very much like a contract You agree to pay a premium and the agent company agrees to pay any losses you incur as defined in your policy

Because there are so many different levels of auto insurance coverage available determining the type of policy you need can be very difficult This is why it is a good idea to research the different forms of coverage that are available prior to making any final decisions

If you live in states like California where it is mandatory to have at least liability insurance auto insurance is a necessary expense Online auto insurance quotes are a fast and easy way to find out how much money it will cost you to protect your vehicle and yourself from unforeseen circumstances

Finding Online Auto Insurance Quotes

Finding online auto insurance quotes is not difficult All you need to do is a basic search through Google or other popular search engine Simply type in online auto quotes and a large list of possibilities will be displayed

To assist our readers we have researched insurance companies and online auto insurance quotes carefully Below there are two companies you may want to consider along with advice on choosing the right auto insurance company and auto insurance in general

Choosing the Right Auto Insurance Company

When choosing an auto insurance company there are a few things to consider such as the amount of insurance you need the cost of the policy the discounts you are eligible for and the reputation of the company

Though full insurance coverage is more expensive it is usually necessary if you have just purchased a brand new car On the other hand used vehicles that have little value and no lien holder may call for less insurance

Once you have decided how much insurance you need you will have to decide how you would like to pay for it By paying upfront you can get bigger discounts But if your monthly income is low you may not be able to afford it Your other option is monthly payments If possible try to find a company that offers discounts that apply to you and your situation

You may also want to speak to a qualified insurance professional in regards to your needs and budget They may be able to offer you valuable advice and information on some of the different insurance options currently on the market

Types of Auto Insurance Coverage

Depending on your needs and the laws in your state there are certain forms of auto insurance coverage that are essential and others that you may be able to live without if you are looking to save money on your premiums Here is a breakdown of what you need to have versus what you may want to have

Must Have Coverage

Bodily Injury Liability Liability coverage will prove to be very important should you cause an accident and injure your passengers other motorists or pedestrians This coverage will pay medical bills pain and suffering rehabilitation costs and funeral bills

Property Damage If you cause property damage to another vehicle or someone elses property this coverage kicks in and pays the expense of repairs

Uninsured and Underinsured Motorist Not everyone follows the law Some people who are on the road are underinsured or not insured at all This form of coverage will protect you and your passengers if your vehicle is involved in a hit and run accident or an accident with someone who has little or no insurance coverage

Additional Coverage

Collision and Comprehensive Collision coverage is sometimes good to have because it pays to repair or replace your vehicle regardless of who is at fault in the accident Comprehensive coverage acts in the same way if your car is ever stolen or damaged in a natural event of some kind such as a storm

Medical This form of coverage pays medical bills incurred by you and your passengers no matter who is at fault in the accident If you and your regular passengers have a separate health insurance policy this auto insurance coverage may not be absolutely necessary

Personal Injury Protection Sometimes known as PIP this type of coverage pays for in home health care costs and lost wages that result from an accident

Roadside Assistance Towing This coverage will pay or reimburse you if you need to have your vehicle towed as the result of an accident or breakdown

Rates and Quotes

Many people make the mistake of staying with the same insurer year after year What they dont realize is that they are missing out on the chance to save a lot of money