It is recommended that you get at least the state minimum auto insurance coverage. But there are many other options for those who want to be more protected as well.
- Roadside assistance can be helpful if you are in an accident or if your vehicle breaks down. This is normally not much more expensive to add to your policy.
- Gap Insurance is a type of insurance that will pay off the remaining balance owed on your new vehicle if it is involved in an accident that totals your car beyond repair.
- Rental car coverage can make you able to keep going to work by having the use of a car while your car is being repaired after an accident or if your car is stolen or broken down.
- Collision and Comprehensive coverage can help provide more coverage for theft, damages, and medical bills if you are in an accident.
- You can also purchase additional PIP and SUM insurance to help protect your family if they are injured or if you are injured and unable to work or pay for medical bills.
It is also recommended that if you have more than one type of vehicle, such as a motorcycle, boat or RV, that you add them to your policy. If you rent or own a home you can purchase homeowner’s or renter’s insurance through your insurance company as well. Bundling these services together, even with life insurance as well, can help you save a lot of money on your car insurance policy and help keep your entire life protected.
Now that you know what is recommended, you can make a smart decision about your car insurance. This way, you and your family — and any party you might injure in an accident — will be covered. You will also save money and be following the laws of your state regarding auto insurance policies.