What is Auto insurance?
Auto insurance provides financial protection for you and your vehicle if you were to get into a collision. Your policy will also provide liability protection if you were to cause damage or bodily injury to another person or their vehicle. Each state has its own minimum coverage requirements. Policies usually include additional coverages like glass replacement, health care expenses, lost earnings, rehabilitation, emergency roadside assistance and rental car reimbursement.
Comprehensive coverage typically pays for damage to your vehicle that is not caused by a collision and can include glass coverage. Some examples are vandalism, theft, flood, and fire.
What is comprehensive coverage?
Collision coverage pays for damage to your vehicle caused by a collision or when your vehicle overturns
What is collision coverage?
Pays for damages you are entitled to recover because of injury or death caused by an uninsured, underinsured or hit and run vehicle.
What is uninsured motorist coverage?
How to buy auto insurance
Most of what I wrote about purchasing homeowners insurance also applies to purchasing auto insurance. Agents are aggressive and always looking to get new clients. It is definitely worth shopping around for the best deal every few years.
Sometimes employers have group discounts available to employees especially if you are a teacher or union member. Once again, the key to shopping rates is understanding your current coverage and making sure the agents are running comparable quotes. Building a relationship with an independent agent is always a good idea, but make sure you still call the Geico's and Allstate's of the world directly.