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Six Tips for Choosing an Auto Insurance Policy

Written by Ilyce Glink on July 23, 2014 in Insurance  |   No comments

Insurance ads are everywhere you look. They promise low rates, helpful service, and quality coverage. With so many options available, it can be difficult choose the right policy or even to know where to start looking. If you’re feeling overwhelmed, you’re not alone. According to…

six-tips-for-choosing-an-auto-insurance-policy

Insurance ads are everywhere you look. They promise low rates, helpful service, and quality coverage. With so many options available, it can be difficult choose the right policy or even to know where to start looking.

If you’re feeling overwhelmed, you’re not alone.

According to a 2010 survey by the National Association of Insurance Commissioners (NAIC), more than half of Americans don’t understand the basics of auto insurance, and only 45 percent are confident that they know how to make the best decision.

To help protect yourself and your car before you hit the road, do your research. Understanding exactly what you need, and what coverage may be unnecessary, could help save you lots of money—and headaches—over time.

Here are six tips to help you choose an insurance policy:

1. Know what type of coverage you need.

Bodily injury and property damage liability coverage are required for car owners in most states. However, while purchasing the minimum amount of protection is a good way to start shopping for auto insurance, you should also consider the value of your assets and how much you can afford to spend to keep them safe. Buying only the minimum amount of...

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