Make sure you and your family stay safe while on the road with these seven simple — and sometimes overlooked — auto maintenance tips.
Although everyone is different and the answer to the question, "how much auto insurance do I need," differs for every individual's needs; I believe that there is a base explanation to this question for everyone. When reading this article keep in mind that there are two categories of coverages that people shop. The first, liability insurance, pays damages to other people thus protecting you from litigation. The second category is all the additional coverages combined. These are coverages that help you and your vehicles.
"What is full coverage" is a question that I am very passionate about because it is both a trap for prospective consumers and a potential trap for insurance agents. Technically speaking, there is no such thing as "full coverage."
The term originated back in the 1980's well before I became involved in insurance. At the time it was a generic term that meant an individual had protection for their vehicle as well as liability insurance. In other words, they carried comprehensive and collision insurance on their car.
People are becoming more and more concerned about the cost of auto insurance each year, as the cost of insurance continually increases. One of the most common searches in the insurance industry is, "who has the cheapest auto insurance." Like almost every answer in the insurance industry, the answer to this question is, "It depends."
Let us look at three factors that help determine the cost of insurance. Then we will see the best way to find the right insurance company for you.