Choosing a Car Insurance Option

How much car insurance do you need?

If your car insurance policy pays the coverage limits stated in your policy (for example $50,000/$100,000) but it turns out that the damages from an accident exceed those limits; you will have to make up the difference out of your own pocket.

If you have an older car you may not think that you need high coverages you may want to reconsider that decision. You may be okay with lower comprehensive or collision coverages but be aware of low liabiltiy coverages.

If you do purchase a basic limit car insurance policy be sure to consider increasing the liabitliy coverages. If you have an accident and it is your fault – you will be very happy that you have extra coverage and do not have to pay for damages out of your own pocket. Remember that cars in expensive to repair and liability damages can add up very quickly.

Talk with your insurance agent about your current insurance coverages and whether or not you need to update those coverages.