How much car insurance is enough?
Life without a car in the US is almost unthinkable for anyone. Cars come at a price as low as $13,000 and may go up to a few million dollars. The more the value of the car, the more the owner is to be worried about the safety of the car. The car insurance takes care of the safety of the car and assures the owner about the compensation against any damage happens to the car or the driver and people inside. So, the selection of the appropriate car insurance needs the best of the attention from the car owner since he needs to have the answer to a number of questions before buying insurance.
Mere going after the suggestions resulting by the internet search best car insurance near me will not guarantee a good insurance. Before that you need to know what your insurance covers and how much cover will be enough to meet up the expenses post damage or mishap?
Your car must have collision insurance coverage. Collision insurance covers the vehicle’s repair of the vehicle in the event of any damage to the vehicle in an accident.
If the car collides with someone else’s property, then you need to compensate him for the damage done and this may sometime go up to $50,000. Your insurance must have protection against property damage so that you could meet up the compensation amount.
In case of an accident you may get injured and your insurance must provide personal injury protection so that you could meet the expenses for the treatment of injury, loss of pay and childcare expenses. However if you have a good health insurance with accident cover, then you may not need such protection in the insurance.
Personal injuries are the most expensive part of an accident. You must have a minimum cover of $1,00,000 per person and a total of $3,00,000 in total so that you can take care of the bodily injury liability.
Insurance policies taken with due consideration and after thorough research are most likely to get you maximum benefits in the hour of need.