Here’s What You Should Know Before Shopping for Car Insurance
Here are some things you should know about your auto insurance.
If you are shopping for car insurance for the first time, you might be feeling a bit overwhelmed by all your options. While the task of selecting the perfect policy seems daunting, this experience doesn’t need to be a stressful one. Understanding a little more about your insurance needs and requirements will help to streamline the process of getting insured. Here’s what you need to know before shopping for car insurance.
Your State Insurance Minimums
Almost every state in the U.S. has regulations stating the minimum amount of car insurance that drivers are required to carry. Before you start investigating your coverage options, you need to learn about the minimums that your state has set for you. Once you know which coverages you are required to carry, you can ensure that the policy you select offers the legal amount of coverage. To learn about New York’s auto insurance minimums, click here.
While state insurance minimums are a good place to start, drivers all over the country are highly encouraged to carry coverage that extends past these minimums. This is because, in an accident, state minimums will likely not offer you the comprehensive coverage you need. To ensure that you are fully protected, drivers are advised to carry the following basic coverages:
- Bodily injury liability
- Property damage liability
- Underinsured/uninsured motorist
- Medical payments
How Your Rates are Determined
Finally, you need to understand that your auto insurance rates are dependent on a series of individual factors. For instance, your insurer will take things like your driving record, the make and model of your car, your age, your location, your driving habits, and so on into account. Based on these different factors, your insurer will determine how risky you are to insure. The lower your risk, the lower your rates will be; the higher your risk, the higher your rates will be.
These are some of the things you should know before looking around for the right auto insurance. If you have additional questions regarding your car coverage, don’t hesitate to contact us at Club Agency Insurance Brokerage in Garden City, New York. Our dedicated team is eager to assist you with all your coverage needs today.