Inexpensive
Car Insurance

The decision to purchase car insurance is a very important one. Without the proper insurance, you may not be protected in the event of an unfortunate accident. Making an un-informed decision will leave you dissatisfied with your coverage and vulnerable to a large financial responsibility. The following are the three main categories for car insurance: liability, comprehensive, and collision.

All drivers are required to carry liability coverage. Liability coverage protects you from the financial responsibility of damages caused by an accident in which you are at fault. Any damage equal to or less than your coverage amount will compensate the other party involved in the accident. Each state has requirements for the amount of liability coverage needed. An additional part of liability coverage is uninsured motorist protection. There are more and more drivers today that are driving without the required auto insurance. If you are in an accident with an uninsured driver, this coverage will pay for repairs to your vehicle.

Comprehensive coverage may be required if you are still making payments on the insured vehicle. This coverage will pay for damage to your vehicle that is not the result of being in an accident with another vehicle. Vandalism, hail damage, striking an animal, and theft are examples of what is usually covered by comprehensive coverage. Many drivers try to reduce their insurance premium by dropping this protection. However, this often turns out to be an expensive mistake. Even the best driver cannot predict and avoid all the situations that comprehensive insurance provides protection for.

Collision insurance provides protection for you in the unlikely event that you are at fault in an accident. This coverage, like comprehensive, may be required if you are still making payments on the vehicle. If you are in an accident and you are at fault, then collision coverage will pay for repairs to your vehicle that exceeds your chosen deductable. In an accident that results your vehicle being totaled, this will compensate you for the value of your vehicle. Without collision coverage at the time of an accident, you may be left with an inoperable vehicle and no way to pay for the repairs.