Most states require that you carry a minimum amount of auto insurance…
in order to be able to legally drive on their roads, though that amount does vary from one state to the next.
However, regardless of what the state minimum may be, it is important that you obtain the right level of coverage for your needs, and that you pay as little for it as is possible. You need to make sure that your coverage is the right amount of the vehicle that it is covering and the way that it will be used. While you don’t want to pay for coverage that is beyond what you need, you also don’t want to find yourself falling short of the necessary amount should you ever need to make a claim.
The first step to being certain that you have the ideal amount of coverage for your vehicle and needs is to comparison shop. Don’t simply buy your policy on a whim or because it is convenient. Instead, take the process seriously and consider the various options that are available to you. The insurance you purchase is, perhaps, even more important than the decision you made when buying the car in the first place.
The same coverage can have a wide variety of prices depending on the insurance company that is offering it. Therefore, even if you find the coverage that you need, don’t forget to see how much that same amount of coverage will cost from another company. You may be surprised at the difference from one insurer to the next and how much you will save as a result of your efforts.
Once you have narrowed down your choices, don’t forget to ask the insurance company about any discounts that may be available. The majority of insurers will provide lower rates to individuals who took certain types of driving education classes, for example. Many defensive driving courses can reduce a driver’s premiums by up to 10 percent.
Other types of possible auto insurance discounts can include the following:
• Multiple policies with the same company
• Multiple cars covered by the same company
• Drug and alcohol awareness classes
• Anti-theft devices
• Low mileage
• Passive restraints
• Mature driver
• Good driver
• Continual coverage
• Good grades educational discount