If you cause an accident and have no auto insurance, you can be faced with bills for:
Others' injuries.
Damage to other cars.
Damage to others' property such as fences.
Your own car's damage.
Your own medical bills.
Legal costs if the other driver sues you.
A variety of types of car insurance are available to pay the bills for all of the above. Liability car insurance is required when you buy car insurance. It pays for damage and injuries you cause to others. Amounts of liability coverage are often written as three numbers. These refer to the maximum limits your insurer will pay for injuries per person, injuries per accident and property damage per accident
An auto insurance deductible is the amount of money that will be deducted from an insurance claim check. Comprehensive and collision insurance insurance have deductibles if you make a claim. For example, if you have collision insurance with a deductible of $500 and you cause $3,000 in damage to your car, your insurer will pay the remaining $2,500. The lower the car insurance deductible, the higher your premium will be. Liability insurance does not have a deductible.
Location, Credit, Driving History, Vehicle Modal, Your Age, Lapse in coverage
First, decide what types of car insurance you want. Maybe you want a policy with only the state-required liability insurance. Or maybe you're interested in full coverage car insurance. The choice depends on how much you want to pay and how much safety net you want in the event of an accident. Generally, people with assets to protect in a lawsuit need more car insurance.
If you're buying collision and comprehensive insurance, choose a deductible amount. Would you rather have higher premiums and lower deductibles or vice versa?
Next, compare rates from multiple companies if you want to find cheap car insurance. Shopping around is the best way to save money.
An auto insurance agent can help you choose the right coverage for the possible problems you want to cover.
Ask your insurance agent to review the possible discounts a company has, both when you buy a policy and regularly after that.
The discount for bundling home and auto insurance with the same insurer is generally one of the bigger discounts you can get. You can often also bundle auto insurance with renters, condo, mobile home or manufactured home insurance to get cheap car insurance.
Other common discounts include:
Insuring more than one vehicle with the same company.
Being a good student or having a student away at school without a car.
Going paperless by receiving policies and bills electronically.
Having car-safety features such as airbags and anti-lock brakes.
Having an anti-theft device such as a car-tracking device.
Loyalty as a customer over the years.
Taking a defensive driving class, sometimes offered specifically to drivers age 55 and older.
Need any help!
Contact DFWIB We and get consultation and quote .
