Adequate Auto Insurance Coverage can Save Money

Car collided with treeDrivers who purchase only the state minimum required insurance risk being under-protected for expensive crashes and injuries, said a report.

An article in Iowa’s Creston News Advertiser explained that many drivers are satisfied with the bare minimum in insurance coverage, choosing to save money on their premiums by buying only the required coverages for their state. Those consumers could be taking an excessive risk by not purchasing the coverage that they need and leaving themselves unprotected in the event of serious car crash injuries, said the paper.

Instead of taking the easy route and opting for the state minimum, consumers should carefully weigh their options to see just how much auto insurance coverage they need. For example, most states require liability insurance, which covers bodily injury and property damage costs to others, but additional personal injury protection is required to cover related medical costs. Additionally, most property damage would only be covered under collision or comprehensive coverage, explained the paper.

Consumers should start by using the state minimum as a base and adding appropriate coverage from there, using personal judgment and professional advice, said the article.

In the long run, proper coverage could save drivers from costly medical expenses and car repairs.

About John Pirro
John Pirro is a licensed fire and casualty insurance agent specializing in various aspects of the auto insurance industry. He worked in the auto body repair industry before taking a reporting position at Online Auto Insurance News.

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