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Car Insurance - What's Right For You?

Published Thursday, August 28, 2008 by bloggerblognet83460 | E-mail this post

Some people have it. Everyone needs it. Some states require you to have it by law. Car Insurance is one of those things that lots of people don't think of until it's too late. It runs in the background and is east to miss until, WHAM! You're in a wreck and you need it. Then, it's a life saver.

There are many providers and many types of car insurance. What you should buy depends on a lot of things. Who you buy from is also an important choice. If you take it step by step, it's much easier.

First, what kind of insurance do you need? Find out from the bureau of motor vehicles what your state requires legally. This information will help you save money and time later. Then, think about what you need.

If your car is financed, the quite possibly you would be required to carry comprehensive coverage in addition to collision during the life of the loan. Comprehensive coverage will pay for anything that happens to your car. If a tree falls on it during a thunderstorm, or hail dents the roof, comprehensive coverage will pay to fix it. Collision coverage, however, only pays for damage incurred during an accident.

There is more coverage you can add if you choose. You can buy uninsured/under-insured motorist coverage that will help you out if your car is damaged by an uninsured motorist.

You can buy gap insurance. Gap insurance will pay off your loan if your car is totaled, even if you owe more than the car is worth. There are also special plans available for special features on your car.

Another thing that greatly increases or decreases cost is your deductible. A deductible is an amount you pay if you submit a claim. So, if you wreck your car, and the repair costs are $6000, but your deductible is $500, you only pay the $500. A higher deductible will lower your cost. Also take into consideration if you would be able to pay that deductible amount if something unexpected happened. Don't set it too high, or you'll be in trouble when you want to make a claim.

Once you've decided what kind on insurance is right for you, it's time to shop around. You're not going to get an accurate picture of how much your coverage will cost from the first company you ask. Insurance rates vary widely and each company calculates things differently. Ask friends and relatives who holds their insurance and call the companies they recommend. Lots of companies also do online quotes. Once you have a few quotes, it's time to make your decision. Who did you like most? Who had the best price? Make your choice and start your policy!

Get more tips on getting the Cheapest Car Insurance at Auto Insurance Los Angeles.

Blogger BlogNet64258

Car Insurance - What's Right For You?

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Blogger BlogNet64258: Car Insurance - What's Right For You?

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