Your car is not only a major investment, it may be your only way to get to work or school. Without your car, you may not be able to earn a living and pay for the other things you need. To protect your automobile, you have the option of a few different types of insurance. While basic liability insurance may be required by law, it won’t cover damage to your car caused by someone without insurance. To get coverage for repairs to your own vehicle for damaged caused by an uninsured driver or damage not related to an accident, you need Comprehensive Auto Insurance.
Cars can be damaged by storms, break-ins, falling objects and other unfortunate events. When something happens to your car, you need to know that you can get it fixed quickly. However, unless you have a sizable bank account, you may not be able to easily pay for these repairs immediately. If you’re living paycheck-to-paycheck like a lot of people today, investing in Comprehensive Auto Insurance can give you peace of mind. This type of insurance covers many of the things drivers with a liability-only policy have to pay for out of their pocket.
The amount you can expect to pay for this kind of car insurance can depend a lot on the cost of your deductible. Choosing a higher deductible may lower your monthly premiums and make your coverage more affordable. If you want a comprehensive policy but need to choose a high deductible to get a lower rate, be sure you have the cash on hand in case you need to file a claim. An experienced agent from a company like Perdue Insurance Group might help you determine how much of a deductible you can afford based on your current financial situation and the value of your car.
With a comprehensive insurance policy, you’ll be able to meet the state’s financial responsibility requirements. You’ll also be able to get your car fixed after an accident regardless of who was at fault. Those who choose a liability-only policy will have to pay for their own repairs if it is determined that they were at fault in a crash.
