Extend Your Auto Coverage Above the Minimum Requirements
So youve purchased your car, but have you gone for the full coverage or the basic minimum? Youve heard the horror stories and you want to be prepared, but there has to be a better way to protect yourself and the ones you love without breaking the bank. Dont just settle for the bare minimum when it comes to car insurance coverage. Extend your auto coverage above the minimum requirement and lets look at what that really means.
Its true, car insurance isnt the most scintillating conversation piece youve ever encountered. But its essential if you want to drive your car legally, and to protect what you care about. The basics usually cover the minimum requirements to protect you, your vehicle, and those around you if something should go wrong. But what if something was to happen that goes beyond the basics? Thats where extending your coverage can be the lifesaver you need.
Now, it goes without saying that extending coverage might involve a bigger investment from you, but the added protection for you and your family is crucial. The more risks that you can cover, the less liable you are. Many insurance companies offer the added coverage, but not without certain conditions that must be met before you qualify. Your auto coverage should always be sufficient to meet the demands of your life and lifestyle, and it should protect you from whatever life throws your way.
Having full coverage auto insurance gives you peace of mind, knowing that all the possible contingencies have been taken into account. In most states, if you are pulled over without sufficient proof of insurance, you face hefty fines, suspension of your license, or even having your car impounded. These are all penalties that you dont want to be faced with, so its better to be safe than sorry. Talk to your insurer to make sure your policy provides the level of coverage you need.
You can opt to cover all the bells and whistles or just the essentials. Recent studies have shown that over a third of drivers have inadequate coverage, and so are left vulnerable in the event of a road accident or damage to their car. Dont be one of them and dont get stuck in a situation that you werent prepared for. Make sure you get the protection you deserve.
Smaller add-on policies such as medical plans for you and your passengers or mechanical coverage for breakdowns also provide an added level of protection. You can also choose to add coverage for rental cars and towing services. Taking out an extended policy often works out to about the same cost per month as your existing policy, but the extra protection could save you a lot more in the long run.
If you want to save yourself from legal trouble and a large financial blow, then its time to take the next step. With an extended auto coverage you dont have to be worried about being unprotected in the event of a road mishap. The added coverage could also help you recover losses due to a car accident, theft or damage caused by vandalism. Make sure you are covered and get the protection you deserve.
Other types of coverage can extend the protection you need beyond the general basics. Collision coverage for your car will pay for damage to your car incurred in an accident regardless of who was at fault. Comprehensive coverage pays for damage to your car from non-accident related events like hail damage, wildfires, flood damage, and more. Liability protection covers your costs in the event of an accident and most states require you to carry this coverage in order to legally drive.
Dont let your car insurance coverage be an afterthought. Be prepared or else youll have to pay a heavy price. You work hard for your money and you should get the most bang for your buck when it comes to these types of services. Make sure you dont get caught with the bare minimum just because its the cheapest option. Instead, go with the right coverage for you and your family and extend your auto coverage above the minimum requirements.
Other types of added policy coverage include uninsured motorist coverage which pays for your damages if the responsible party cant or wont pay, roadside assistance which covers you if your car breaks down, and gap coverage which pays for the difference between the value of the car and what you owe if its totaled before it is paid off. Putting together a comprehensive auto coverage policy is the best way to protect yourself and the ones you care about in the event of a road mishap.
If youre ever unsure if youre opting for the right amount of coverage or the type of coverage that best fits your needs, just contact an insurance expert and talk it through. At the end of the day, your auto coverage should be sufficient to protect you in any situation. Make sure your coverage is extended beyond the minimum requirement to make sure you get the protection you need. So what are you waiting for? Protect yourself today and get the auto coverage that you deserve!