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Choosing Car Insurance

Mar 25, 2008
Finding the right car insurance is an important quest for many consumers. The important tools in making this decision are the websites that provide the free service of comparing auto insurance quotes.

The downside to the cheap insurance quotes are the limited liabilities. The fantastic rates often have a catch like that they are only for the non-owner of the car or for a state's minimum liability requirement. Many of these offers are not available to people who have an outstanding loan because they are required to buy collision coverage since they don't own their care.

It's also a bad idea to take only the minimum liability. This is one of the cheaper parts of insurance coverage to increase your limits for very little extra money. Liability is usually listed split into three parts. This will be something like 15/30/5. The 15 is $15,000 for death or personal injury per person, while the 30 is $30,000 for all the persons involved. The final number is for property damage, in this case for $5,000.

Some policies will instead have the coverage clumped together, and in this case would be $35,000 dollars in all. You can see that with modern medical expenses and property damage costs this is way too little money for even fairly minor injuries.

This means that liability limits can be increased at a relatively low cost. For only ten dollars or less you can get one million aggregate coverage. When trying to find the right car insurance it is important to find one that protects you from financial ruin.

In the case of collision coverage your deductible is a large factor in determining how much you pay when you are indebted on your car. The issue of deductibles can cause problems because you might not be able to afford a low deductible or the deductible is so high you can not even pay it.

One solution is to set aside money in a savings account for the deductible. This is a good solution for low claims but claims that are in the hundreds or thousands are not economically feasible for the average person.

When looking for the right car insurance it is important to search for discounts. You can often get discounts when you have more than one policy or just ask for one. If they don't have one you should talk to other companies.

There are discounts for good grades for students and for taking defensive driving classes as well. There are even discounts when you take public transportation to and from work or school and drive only for personal needs. Simply ask your company or agent which discounts are available to you!
About the Author
Avail our free auto insurance tips and guides on how to take advantage of Cheap Car Insurance . Auto Insurance Chicago's Cheap Auto Insurance guide will provide you adequate information on getting the best car insurance.
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