Brian Stevens: Hi, my name is Brian Stevens. I'm a former insurance agent and financial consultant and I'm going to show you what car insurance you should have and how to get it at the best rate possible. Most states require you to have a minimum amount of liability insurance, which includes bodily injury liability coverage, which pays your legal fees and claims made against you when you, a family member, or someone driving your car with your permission injures or kills other people and property damage liability coverage, which pays your legal fees and claims made against you when you, a family member, or someone driving your car with your permission damages someone else's property.
A few states also require you to have uninsured motorist coverage, which pays for medical fees and property damage expenses for you, your family, and your passengers when you're hit by an uninsured, underinsured, or a hit-and-run driver. These types of insurance are all you require to carry. However, if you're in one of the categories below, you should consider purchasing the following coverages. If you drive a late model car, you should carry collision and comprehensive coverage. Collision coverage pays to repair your car when you're involved in an accident no matter who is at fault and comprehensive coverage pays to repair your car when it's been damaged by fire, vandalism, theft, or acts of nature.
To save money on collision and comprehensive coverage, get the highest deductible you can afford. Raising your deductible from $250 to $1000 can save you up to 50% on your insurance premium. You may also want to purchase personal injury protection coverage, which pays medical expenses for you and your passengers when you're involved in an accident. It also pays medical expenses for you and your family when you're injured in someone else's car or when you're walking or riding a bicycle. If you drive an older car, consider dropping your collision and comprehensive coverage altogether, especially if your car is worthless than the cost of your insurance plus your deductible. If you have more than one car, insure both cars with the same company. Doing this can save you 5% to 15% on your yearly premium.
If you're shopping for a car, buy a safe, low-maintenance, low-profile car like a Honda Accord or Toyota Camry to save big bucks on your auto insurance. Cars that cost a lot to repair or that are favorites of thieves cost a lot more to insure. The best way to get the best rate on car insurance is to comparison shop and the easiest way to do that is to get quotes from an insurance comparison website. It's quick, it's easy, and it's free. Visit LowerRateQuotes.com to get car insurance quotes from top-rated companies and see how much you can save. You can get more insurance tips in their article section and get answers to your questions plus get advice on how to lower your premium from an insurance expert by using their online chat service.
To visit this site, just enter LowerRateQuotes.com in your Internet browser.
Transcription by:
Scribe4you Transcription Services