Archive for the ‘Car Insurance’ Category
Car insurance can be a difficult thing to search for. There are many different car insurance companies where you can request car insurance quotes, but the confusion doesn’t stop there. You also have to make sure that you have at least the legal minimum amount of insurance. While this is something that your car insurance company representative should be able to help you out with, it doesn’t hurt to fully understand how much car insurance you really do need in order to be driving legally.
The first thing you’ll need to do is find out your state’s minimum car insurance requirements. That’s right—there isn’t just one set minimum coverage level. Instead, each state has its own base level. State car insurance minimums can currently be placed into one of the following ranges:
- Single-person bodily injury liability ($10,000-$50,000)
- Single-accident bodily injury liability ($20,000-$100,000)
- Single-accident property damage liability ($5,000-$25,000)
Many states also require additional coverage such as uninsured or underinsured motorist protection, which you’ll definitely want if you ever find yourself involved in an accident with someone that doesn’t have enough car insurance (or any at all!).
While you’re looking for car insurance, be sure that you’re covered for an amount equal to or more than the total value of your assets. While this isn’t legally required, it will certainly come in handy if you ever become part of a serious car accident.
These are just some tips to consider when shopping for car insurance—and for making sure that you have the legal minimum coverage. What advice would you offer to fellow car insurance buyers that aren’t sure about what type of minimum coverage is required? Share your tips, tricks, and thoughts below.