Finding the right car isn’t the only step to hitting the road. No matter what state you live in, or how often you plan to drive your new car, you’ll still need car insurance. Your credit history and your past driving history will affect your current car insurance rates. But that’s not all. Other factors, like your marital status and your age, can influence your insurance rate too. Looking for car insurance coverage takes time, but if you follow the tips below, you can help smooth along the process and choose a plan and company that work for you.
Know the Details
When you are comparing car insurance quotes, you’ll need to refer to the same set of information. Gather together the birth date and driver’s license numbers for the drivers in your home. Get the VIN number from your vehicle and the address for wherever you keep your car, whether it’s at home or sitting in storage recovering from quarantine. Auto insurance companies refer to your Motor Vehicle Report for a better picture of who you are as a driver. They will assess your driving history to determine your risk factor.
Car Insurance Terms to Know
Once an insurance company has your information, it will run some numbers and determine a quote tailored to you and your driving needs. But, the company needs to know what sort of car insurance and supplements you might want. There are several types to choose among, but they won’t all apply to your situation.
- Personal injury protection: This type of coverage will help pay your medical expenses, no matter who causes the accident.
- Uninsured or under-insured motorist coverage: When a driver either doesn’t have car insurance, or doesn’t have enough insurance to cover your medical expenses, this type of coverage helps pick up the slack.
- Medical payments: Whether you caused the accident or not, medical payment coverage will handle any medical bills for you, and whomever else was in the car with you, up to your limit.
- Collision coverage: Fixed objects, like trees or fences, and car-to-car collisions are handled with this sort of insurance.
- Comprehensive coverage: Fires, mudslides, vandalism, or theft are a few of the events covered by this optional insurance add-on.
- Gap coverage: If your car or truck were declared a total loss, gap coverage pays the difference between the amount owed on a loan and the car’s current value.
- Roadside assistance: Tire changes, towing, and breakdowns are a few events covered with this peace-of-mind supplemental car insurance.
What Coverage Do You Need?
Beyond state requirements, knowing what insurance you need isn’t always clear-cut. Newer cars, like those less than four years old, or a car with a high resale value, can benefit from comprehensive, collision, and gap coverage. Older cars, on the other hand, utilize those same types of coverage, with one extra addition: roadside assistance. Bundle your car insurance to save money. Save even more, according to Credit Karma, by raising your credit score. Consider taking extra measures to better your car insurance rates by installing car security or completing a defensive driving course.
Staying Safe on the Road
John from USAA tells us that it is essential to protect yourself and your family with an auto insurance plan that’s right for you. Know the information of your household’s drivers so you can get the best quote from the start. From collision coverage to roadside assistance or medical payments, research your provider and discover how an insurance company like USAA keeps people like you protected while on the road.