If you're a first time insurance buyer or getting a few car insurance quotes, it is important that you shop around. If you own car that's not worth much say less than two thousand dollars then drop the collision/comprehensive coverage clauses on your car insurance cover. If your car is worth less than 10 times the annual insurance premium, purchasing extra coverage may not be affordable.
If you are already covered under other policies for medical insurance in case of accident and are already paying a hefty premium on that then you eliminate the duplicate medical coverage under your car insurance. Furthermore, under law you are responsible for your vehicle, therefore, if you are seeking insurance coverage and intend to allow other drivers to drive the car, make sure you get coverage for other drivers, otherwise if the driver causes an accident, by law you will pay for the damage, loss, death, and any other problem the accident caused.
If you are determined at fault in an accident and do not have adequate liability coverage, that is enough to cover the injuries and damages to the other party, and you are sued by the other party’s insurance company, the court could order you to pay the amount that exceeds your limit of Liability coverage.
Don't get caught with you insurance down, it's not a good thing to do! A few common terms -Uninsured Motorist - This is coverage that pays for your injuries and property damage even if the other person involved in the accident did not have sufficient insurance coverage. * Bodily Injury And Liability - This coverage is very important as it provides for injury damage to others in the case of claims that are files against you if you are involved in a car wreck.
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