Knowing these things will make first-time car insurance shopping a little easier.
If you are looking to secure your first-ever car insurance policy, you may be feeling a little overwhelmed. With all the different carriers and coverage options out there, it can seem impossible to find the right policy to meet your needs and budget. To make the process of securing car coverage a little easier, here are some of the things you should know.
Your State’s Insurance Requirements
Almost every state has some minimum level of auto insurance that drivers are required to carry. It’s important to know your state’s minimums before you select an auto policy so you can ensure that the coverage option you select is meeting your legal requirements. For a breakdown of Texas’s auto insurance requirements, please click here.
While state insurance minimums are a good place to start, drivers are recommended to carry coverage that extends beyond legal minimums. This is because, in an accident, insurance minimums will only cover a portion of your costs, leaving you to take care of the rest on your own. To ensure that you have the comprehensive protection you need, you are recommended to carry the following coverages:
- Bodily injury liability
- Personal property liability
- Medical payments
- Underinsured/uninsured motorist
Reducing Your Rates
Finally, once you start receiving auto insurance quotes, you might feel like your rates are set in stone. However, there are some things you can do to cut them down a bit. For instance, make sure you are using all of the discounts that you qualify for. Additionally, you can save by bundling your auto insurance with your other existing insurance policies. Finally, you can save in the long run by keeping your driving record clean. The fewer accidents and traffic violations on your record, the more your rates will drop.
These are some of the things you should know when securing your first-ever auto insurance policy. Do you have additional questions regarding your car coverage? If so, contact the experts at The Schwab Agency in Colleyville, Texas. We are ready to assist you with all your coverage needs today.