When shopping for auto insurance, it’s easy to get confused about which coverage to buy. Some auto insurance provisions are crucial, others are desirable, still others are just unnecessary. Auto accidents can happen—yes, even to the best of us. An auto insurance policy can help cover repairs to your vehicle and medical costs in the event of an accident.
Make sure damage to your vehicle is covered if the other guy doesn’t have enough insurance. Underinsured motorist coverage takes care of damages to your vehicle once the other person’s coverage is exhausted.
Automobile accidents can cause great financial and economic insecurity. Financial loss may include property damage, medical bills, and legal costs if a lawsuit arises. Anyone who owns a car should purchase auto insurance so that these important financial protections are provided.
Think about the price of fixing–or replacing–your car after an accident. The numbers add up quickly. Collision insurance will pay for accident-related repairs or replacement. Get the highest deductible you can comfortably afford to keep your premium down.
For many people, increasing the amount of their deductible is also a great way to save money. That’s because when you choose a higher car insurance deductible amount,, it could lower the amount you pay on your insurance premium.
However, it’s important to choose a deductible that you can afford. Imagine not being able to get your car fixed because you don’t have money to cover the deductible.
Know how much insurance you need ahead of time. Establishing coverage limits is key to determining the cost of buying car insurance. For example, if you only want the bare minimum state requirement for bodily injury liability, your quote will likely be far lower than if you were to opt for the maximum allowable amount. Consider your own personal health insurance before taking out an auto insurer’s medical payments insurance.
During your Progressive quote, you won’t be able to select coverages that don’t apply to you. If you’re unsure about what optional coverages to select, you can use the coverage help we provide during your online quote, or you can speak directly with a representative who can answer your questions. Either way, we’ll make sure you’re satisfied with your Progressive policy.
Don’t bother with rental or towing insurance. While the yearly payments aren’t much, it’s better to put the money aside yourself. Better yet, join an auto club that offers these services and additional benefits.