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When shopping for car insurance, you probably wonder what features will best protect your finances. Although insurance needs are different for every driver, there are several features that will help most people effectively protect themselves financially.
High Liability Limits
Although state laws require minimum liability limits, these limits are often not enough to pay for other drivers' medical expenses and property damage. Most drivers should choose liability limits of at least $300,000 for bodily injury and $100,000 for property damage.
Comprehensive and Collision
Although liability coverage can protect you against lawsuits for damage you cause to others, it does not cover you or your car. Comprehensive and collision coverage pays for repairs to your vehicle from almost any cause, regardless of fault.
Roadside Assistance
Most insurance companies offer roadside assistance coverage to pay for towing, tire changes and winching. The cost is typically nominal.
Gap Coverage
If you have a new car, you probably owe more on your loan than it is worth. Gap coverage pays the difference if your new car is totaled in an accident.
Choosing an Agent
Service is an often overlooked feature of car insurance. Choose an agent who will help you review your policy regularly and assist you with claims.
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