Auto Insurance Quotes - What You Should Know

How much auto insurance coverage do you need? If you’re like most people, the answer to that question is, More than I have right now! 

The more coverage you have, the better protected you are in case of an accident or other liability-related event. However, adding too much coverage can cost you in extra expenses, so it’s important to choose wisely and compare car insurance quotes online. 

One of the best things about using an online car insurance quote comparison tool is that it removes all bias from the decision-making process.

Why Do I Need Car Insurance?

If you’re at fault in an accident and are required to pay damages, liability insurance can help you cover some of your expenses. 

If you don’t have insurance and aren’t at fault, then your own assets are up for grabs—including property and assets owned by family members. 

That's why it's so important to purchase car insurance quotes. If you're found liable for causing an accident, your insurer will pick up legal costs on your behalf as well as compensation for any damage or injury caused by a collision that you were responsible for. 

Remember: The higher your liability limits are, the more they'll have to pay if something happens—and most insurers won't start paying until they've covered all of their own costs first.

Types of Coverage

There are three different types of coverage that you can choose from: Liability, Collision and Comprehensive. 

Liability insurance pays for repairs to another driver’s car if you hit them or cause an accident in which they are injured. 

This type of insurance is required by law in most states so it is usually a good idea to carry some amount of liability coverage even if you own a relatively new car. 

Collision coverage will pay for damages when your car collides with another object, such as when you rear-end someone or your car slides into something else like a utility pole. 

This form of auto insurance is optional in most states, but drivers often opt for it because their rates drop significantly after they reach a certain number of years without an accident.

How Much Coverage Do I Need?

When considering auto insurance, many people only look at one aspect: how much coverage is needed to protect their financial assets. 

However, it’s important to also look at what type of coverage you want. If you are like most people, you will have a combination of liability and collision or comprehensive insurance. 

In general, liability covers costs incurred by your actions (or lack thereof) while on a vehicle; that’s why it’s sometimes called third-party liability insurance. 

Collision/comprehensive covers damages to your vehicle if caused by an accident or other specific reasons. 

To help decide which coverage options are best for you and your needs; here is a general guide on what each covers (this isn't a complete list)

Are There Any Exceptions?

In most cases, your car insurance company won’t cancel your policy just because you’ve had an accident—especially if it was not your fault. 

However, there are some exceptions to keep in mind: If you have comprehensive and collision coverage on your policy, you may be required to pay for repairs before receiving a claim check from your insurance company. 

You should also know that even minor accidents (i.e., fender benders) may affect rates for as long as three years after an incident takes place. 

No matter what kind of accident you’re involved in, when comparing auto insurance quotes always shop around at least six months after an incident.

How to Save Money on Car Insurance

Car insurance quotes online can help you save money on your car insurance. Get a car insurance quote today and compare various providers to see how much you can save. 

You should know that auto insurance requirements differ depending on your state. If you are considering to switch providers, get a quote first so that you know what it is going to cost without doing any changes with your existing policy. 

There is no harm in getting a few auto insurance quotes before deciding who you want to do business with, especially if it means saving money. 

Take advantage of free auto insurance quotes online and see if there are any differences from what you're paying now for your policy.