Grab a FREE quote below:
http://www.facebook.com/pages/Car-Insurance/295518327215961?sk=app_201189479924274
Do I need collision and comprehensive coverage?
If you are financing or leasing your vehicle, collision and comprehensive coverage will be required by your financing or leasing company. If you own your vehicle these coverages are optional for you but provide protection for your vehicle in the event of a covered incident. The key things to consider are the value of your vehicle (what the insurance company will pay you in the event of a loss, minus the deductible), and the cost of collision and comprehensive coverage.
What is “full coverage” insurance?
“Full coverage” is a term that is often used to describe how much automobile insurance coverage someone has on their policy. Although there is really no such thing as “full coverage”, that term is intended to mean that the policy has more than just Liability coverage and includes collision and comprehensive coverage.
What are the best liability policy limits?
It is generally accepted among insurance agents that the state minimum policy limits are not enough. Most insurance professionals would agree for the average driver the best liability limits to have are 100/300/100. This means:
100,000 per person for bodily injury
300,000 per accident for bodily injury
100,000 per accident for property damage
Since in most areas medical treatment is in fairly the same range, the last limit, per accident for property damage, is the one you may want to take into account if you are not the average driver. If you live in an area where you feel that if there was an accident, that was your fault, and property damage may exceed 100,000, you may want to consider higher limits. Remember, property damage is the other person's car and any other property damaged during the accident if you are at fault. In some areas one's landscaping can cost over 100,000!
Why is it harder to get insurance if drivers in my household have bad driving records?
Many companies will not insure you if you live with a relative who has a poor driving record. If your teenager has a poor driving record, you may have trouble getting a preferred rate because he or she is defined as an "insured" under your policy.
Some companies will exclude this person by name from the insurance policy. Many companies will not insure anyone in the family unless every driver in the household meets their requirements.
