- Your risk of major loss or expense from an accident is greatly reduced if you have all available insurance protections for your vehicle. Liability protection, which covers injury or damage to another caused by you, is a requirement at some level in all states. Comprehensive and collision insurance effectively cover most areas of loss to your car including accident damage, theft, vandalism, and more. Premium protections for specific details are also available.
- When covering a low-value vehicle, it may not make sense to pay premiums to cover damages. For a teenager or high-risk driver, covering an expensive vehicle with full protection is extremely expensive.
- Your optimum amount of car insurance varies. Working with a trusted insurance agent will help you balance affordable premiums with adequate protection. You must pay for state mandated liability coverage, but base additional coverage on the importance of protecting your vehicle. Parents may also consider a safe but affordable vehicle with minimum coverage for affordability.
Full Coverage Equals Reduced Risk
Minimum Coverage is Sometimes Practical
Bottom Line
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