What Car Insurance Coverage Do I Need? Securing the right car insurance coverage is paramount for financial protection and peace of mind. CARS.EDU.VN is here to guide you through the essentials, ensuring you have the protection you need on the road. We aim to simplify the complexities of auto insurance, helping you make informed decisions with comprehensive and tailored advice.
- Liability Coverage.
- Collision Coverage.
1. Understanding Your Car Insurance Needs: A Comprehensive Guide
Determining what car insurance coverage you need involves more than just meeting state minimums. It requires a thorough assessment of your personal circumstances, financial situation, and risk tolerance. The goal is to protect yourself from potential financial losses resulting from accidents, lawsuits, or other unforeseen events.
1.1 Assessing Your Financial Situation
Your financial situation plays a significant role in determining the appropriate level of car insurance coverage. Consider the following factors:
- Assets: Evaluate your assets, including savings, investments, and property. These assets could be at risk in the event of a lawsuit resulting from a car accident.
- Income: Assess your current income and future earning potential. A higher income may warrant higher coverage limits to protect against potential wage garnishment in the event of a lawsuit.
- Debts: Consider your outstanding debts, such as mortgages, loans, and credit card balances. These debts could be affected by a financial setback resulting from an underinsured accident.
1.2 Evaluating Your Risk Tolerance
Your risk tolerance is another essential factor to consider when determining your car insurance needs. Ask yourself the following questions:
- How comfortable are you with risk? If you are risk-averse, you may prefer higher coverage limits to minimize potential financial exposure.
- How often do you drive? The more you drive, the higher your risk of being involved in an accident, which may warrant higher coverage limits.
- What are the driving conditions in your area? If you live in an area with high traffic density or adverse weather conditions, you may face a higher risk of accidents, which could necessitate higher coverage limits.
1.3 Understanding State Requirements
Every state has minimum car insurance requirements that drivers must meet to legally operate a vehicle. These requirements typically include liability coverage, which covers damages and injuries you cause to others in an accident. However, state minimums may not be sufficient to protect you in all situations.
| State | Bodily Injury Liability (Per Person/Per Accident) | Property Damage Liability (Per Accident) | Other Requirements |
|---|---|---|---|
| California | $30,000 / $60,000 | $15,000 | None |
| Texas | $30,000 / $60,000 | $25,000 | None |
| Florida | $10,000 / $20,000 | $10,000 | Personal Injury Protection (PIP) $10,000 |
| New York | $25,000 / $50,000 | $10,000 | Personal Injury Protection (PIP) $50,000, Uninsured Motorist Bodily Injury $25,000 / $50,000 |
| Pennsylvania | $15,000 / $30,000 | $5,000 | Medical Benefits $5,000 |
Insurance requirements based on information from each state’s department of motor vehicles, as of March 2025.
1.4 Considering Your Vehicle
The type and value of your vehicle can also influence your car insurance needs. If you have a newer or more expensive vehicle, you may want to consider collision and comprehensive coverage to protect against damage or loss. Lenders typically require these coverage types if you have a car loan or lease.
CARS.EDU.VN provides detailed comparisons and reviews of various car models, helping you understand their safety features and potential repair costs. This information is invaluable when deciding on the right level of coverage.
2. Essential Car Insurance Coverage Options
Understanding the different types of car insurance coverage is crucial for making informed decisions. Here’s an overview of the most common coverage options:
2.1 Liability Insurance
Liability insurance is the cornerstone of any car insurance policy. It protects you financially if you are at fault in an accident that causes injuries or property damage to others. Liability coverage includes two components:
- Bodily Injury Liability: Pays for medical expenses, lost wages, and other damages to people injured in an accident you cause.
- Property Damage Liability: Pays for damages to another person’s property, such as their vehicle or personal belongings, in an accident you cause.
2.1.1 Determining Adequate Liability Limits
Choosing the right liability limits is essential to protect your assets and future earnings. Experts recommend selecting limits high enough to cover potential lawsuits and settlements. Consider the following guidelines:
- Minimum Coverage: At least $100,000 per person and $300,000 per accident for bodily injury liability, and $100,000 for property damage liability.
- Enhanced Coverage: $250,000 per person and $500,000 per accident for bodily injury liability, and $250,000 for property damage liability.
For added protection, consider an umbrella insurance policy, which provides additional liability coverage beyond your auto and home insurance policies.
2.2 Uninsured/Underinsured Motorist Coverage
Uninsured motorist (UM) and underinsured motorist (UIM) coverage protect you if you are involved in an accident with a driver who either has no insurance or does not have enough insurance to cover your damages. This coverage pays for your medical bills, lost wages, and other expenses.
2.2.1 Understanding the Importance of UM/UIM Coverage
UM/UIM coverage is particularly important in states with high rates of uninsured drivers. It ensures that you are not left with significant financial burdens if you are injured by an uninsured or underinsured driver.
2.2.2 Selecting Appropriate UM/UIM Limits
Experts recommend purchasing UM/UIM coverage in amounts that match your liability insurance limits. This ensures that you have adequate protection in the event of an accident with an uninsured or underinsured driver.
2.3 Collision Coverage
Collision coverage pays for damage to your vehicle if you are involved in an accident, regardless of who is at fault. It covers repairs or replacement of your vehicle if it is damaged in a collision with another car or object.
2.3.1 Determining the Need for Collision Coverage
Collision coverage is typically recommended if you have a newer or more valuable vehicle. It can also be beneficial if you live in an area with high traffic density or frequent accidents.
2.3.2 Choosing a Deductible
When purchasing collision coverage, you will need to select a deductible, which is the amount you pay out of pocket before your insurance coverage kicks in. A higher deductible will result in lower premiums, while a lower deductible will result in higher premiums.
2.4 Comprehensive Coverage
Comprehensive coverage pays for damage to your vehicle caused by events other than collisions, such as theft, vandalism, fire, natural disasters, or animal strikes. It covers repairs or replacement of your vehicle if it is damaged by these events.
2.4.1 Evaluating the Benefits of Comprehensive Coverage
Comprehensive coverage is generally recommended for newer or more valuable vehicles. It can also be beneficial if you live in an area with a high risk of theft, vandalism, or natural disasters.
2.4.2 Selecting a Deductible
As with collision coverage, you will need to select a deductible when purchasing comprehensive coverage. A higher deductible will result in lower premiums, while a lower deductible will result in higher premiums.
2.5 Personal Injury Protection (PIP)
Personal injury protection (PIP) covers medical bills and other expenses for you and your passengers, regardless of who is at fault in an accident. It also pays for lost wages, funeral expenses, and replacement services you can’t do because of injuries, like cleaning services or child care.
2.5.1 Understanding PIP Coverage Requirements
Some states require PIP coverage as part of their “no-fault auto insurance” laws. In these states, you are typically required to file a claim with your own insurance company for medical expenses, regardless of who caused the accident.
2.5.2 Determining the Need for PIP Coverage
Even if PIP coverage is not required in your state, it can be a valuable addition to your car insurance policy. It provides coverage for medical expenses and lost wages, regardless of fault, and can help expedite the claims process.
2.6 Medical Payments Coverage (MedPay)
Medical payments coverage (MedPay) is similar to PIP in that it pays for medical bills and other expenses for you and your passengers, regardless of who caused the car accident. However, unlike PIP, it does not pay for lost wages or reimburse you for replacement services.
2.6.1 Evaluating the Benefits of MedPay Coverage
MedPay coverage can be a useful supplement to your health insurance policy. It can help cover deductibles, co-pays, and other out-of-pocket medical expenses resulting from a car accident.
2.6.2 Selecting Appropriate MedPay Limits
MedPay coverage is typically sold in small amounts, often ranging between $1,000 and $5,000. The appropriate limit will depend on your individual needs and circumstances.
3. Additional Car Insurance Coverage Options
In addition to the essential coverage options discussed above, there are several additional coverage types that can provide extra protection:
3.1 Gap Insurance
Gap insurance pays the difference between the insurance check for your totaled car and the amount you owe on the loan or lease. It can be a valuable addition to your policy if you have a large balance on your car loan and your car’s current value is well below the loan balance.
3.2 Rental Reimbursement
If your car is being repaired due to a problem covered by your policy, rental reimbursement insurance pays for a rental car or substitute transportation, such as train and bus fare, during repairs. This coverage can help minimize disruptions to your daily life while your car is being repaired.
3.3 Roadside Assistance
Roadside assistance insurance pays for services like a tow truck, jump-start, fuel delivery, or a locksmith if your car breaks down or you run into another problem. This coverage can provide peace of mind knowing that help is available when you need it most.
4. Car Insurance Requirements By State: A Detailed Overview
Every state has specific requirements for car insurance, which can vary significantly. Understanding these requirements is essential for ensuring that you are legally compliant and adequately protected.
| State | Bodily Injury Liability (Per Person/Per Accident) | Property Damage Liability (Per Accident) | Other Requirements |
|---|---|---|---|
| Alabama | $25,000 / $50,000 | $25,000 | None |
| Alaska | $50,000 / $100,000 | $25,000 | None |
| Arizona | $25,000 / $50,000 | $15,000 | None |
| Arkansas | $25,000 / $50,000 | $25,000 | None |
| California | $30,000 / $60,000 | $15,000 | None |
| Colorado | $25,000 / $50,000 | $15,000 | None |
| Connecticut | $25,000 / $50,000 | $25,000 | Uninsured/Underinsured Motorist Bodily Injury: $25,000 / $50,000 |
| Delaware | $25,000 / $50,000 | $10,000 | Personal Injury Protection (PIP): $15,000 / $30,000 |
| Florida | $10,000 / $20,000 | $10,000 | Personal Injury Protection (PIP): $10,000 |
| Georgia | $25,000 / $50,000 | $25,000 | None |
| Hawaii | $20,000 / $40,000 | $10,000 | Personal Injury Protection (PIP): $10,000 |
| Idaho | $25,000 / $50,000 | $15,000 | None |
| Illinois | $25,000 / $50,000 | $20,000 | Uninsured Motorist Bodily Injury: $25,000 / $50,000 |
| Indiana | $25,000 / $50,000 | $25,000 | None |
| Iowa | $20,000 / $40,000 | $15,000 | None |
| Kansas | $25,000 / $50,000 | $25,000 | Personal Injury Protection (PIP): $4,500, Uninsured/Underinsured Motorist Bodily Injury: $25,000 / $50,000 |
| Kentucky | $25,000 / $50,000 | $25,000 | Personal Injury Protection (PIP): $10,000 |
| Louisiana | $15,000 / $30,000 | $25,000 | None |
| Maine | $50,000 / $100,000 | $25,000 | Medical Payments: $2,000, Uninsured/Underinsured Motorist Bodily Injury: $50,000 / $100,000 |
| Maryland | $30,000 / $60,000 | $15,000 | Personal Injury Protection (PIP): $2,500, Uninsured/Underinsured Motorist Bodily Injury: $30,000 / $60,000, Uninsured Motorist Property Damage: $15,000 |
| Massachusetts | $20,000 / $40,000 | $5,000 | Personal Injury Protection (PIP): $8,000, Uninsured Motorist Bodily Injury: $20,000 / $40,000 |
| Michigan | $50,000 / $100,000 | $10,000 | Personal Injury Protection (PIP): $250,000, Property Protection Insurance (PPI): $1 million |
| Minnesota | $30,000 / $60,000 | $10,000 | Personal Injury Protection (PIP): $40,000, Uninsured/Underinsured Motorist Bodily Injury: $25,000 / $50,000 |
| Mississippi | $25,000 / $50,000 | $25,000 | None |
| Missouri | $25,000 / $50,000 | $25,000 | Uninsured Motorist Bodily Injury: $25,000 / $50,000 |
| Montana | $25,000 / $50,000 | $20,000 | None |
| Nebraska | $25,000 / $50,000 | $25,000 | Uninsured/Underinsured Motorist Bodily Injury: $25,000 / $50,000 |
| Nevada | $25,000 / $50,000 | $20,000 | None |
| New Hampshire | $25,000 / $50,000 | $25,000 | Medical Payments: $1,000, Uninsured/Underinsured Motorist Bodily Injury: $25,000 / $50,000 |
| New Jersey | $25,000 / $50,000 | $25,000 | Personal Injury Protection (PIP): $15,000, Uninsured/Underinsured Motorist Bodily Injury: $25,000 / $50,000, Uninsured Motorist Property Damage: $25,000 |
| New Mexico | $25,000 / $50,000 | $10,000 | None |
| New York | $25,000 / $50,000 | $10,000 | Personal Injury Protection (PIP): $50,000, Uninsured/Underinsured Motorist Bodily Injury: $25,000 / $50,000 |
| North Carolina | $30,000 / $60,000 | $25,000 | Uninsured Motorist Bodily Injury: $30,000 / $60,000, Uninsured Motorist Property Damage: $25,000 |
| North Dakota | $25,000 / $50,000 | $25,000 | Personal Injury Protection (PIP): $30,000, Uninsured/Underinsured Motorist Bodily Injury: $25,000 / $50,000 |
| Ohio | $25,000 / $50,000 | $25,000 | None |
| Oklahoma | $25,000 / $50,000 | $25,000 | None |
| Oregon | $25,000 / $50,000 | $20,000 | Personal Injury Protection (PIP): $15,000, Uninsured Motorist Bodily Injury: $25,000 / $50,000 |
| Pennsylvania | $15,000 / $30,000 | $5,000 | Medical Benefits: $5,000 |
| Rhode Island | $25,000 / $50,000 | $25,000 | None |
| South Carolina | $25,000 / $50,000 | $25,000 | Uninsured Motorist Bodily Injury: $25,000 / $50,000, Uninsured Motorist Property Damage: $25,000 |
| South Dakota | $25,000 / $50,000 | $25,000 | Uninsured/Underinsured Motorist Bodily Injury: $25,000 / $50,000 |
| Tennessee | $25,000 / $50,000 | $25,000 | None |
| Texas | $30,000 / $60,000 | $25,000 | None |
| Utah | $30,000 / $65,000 | $25,000 | Personal Injury Protection (PIP): $3,000 |
| Vermont | $25,000 / $50,000 | $10,000 | Uninsured/Underinsured Bodily Injury: $50,000 / $100,000, Uninsured Motorist Property Damage: $10,000 |
| Virginia | $50,000 / $100,000 | $25,000 | Uninsured/Underinsured Motorist Bodily Injury: $50,000 / $100,000, Uninsured Motorist Property Damage: $25,000 |
| Washington | $25,000 / $50,000 | $10,000 | None |
| Washington, D.C. | $25,000 / $50,000 | $10,000 | Uninsured Motorist Bodily Injury: $25,000 / $50,000, Uninsured Motorist Property Damage: $5,000 |
| West Virginia | $25,000 / $50,000 | $25,000 | Uninsured Motorist Bodily Injury: $25,000 / $50,000, Uninsured Motorist Property Damage: $25,000 |
| Wisconsin | $25,000 / $50,000 | $10,000 | Uninsured Motorist Bodily Injury: $25,000 / $50,000 |
| Wyoming | $25,000 / $50,000 | $20,000 | None |
Insurance requirements based on information from each state’s department of motor vehicles, as of March 2025.
4.1 States with Unique Requirements
While most states require car insurance, two states offer unique options:
- New Hampshire: Does not require car insurance, but drivers must prove they have adequate funds to meet the state’s financial responsibility law if they cause an accident.
- South Carolina: Allows drivers to legally drive without auto insurance if they meet certain qualifications and pay $600 to register an uninsured vehicle.
Opting out of car insurance in these states leaves you personally responsible for paying for damage to property or injuries to people if you cause an accident.
5. Estimating Car Insurance Costs
Estimating car insurance costs involves considering several factors that insurance companies use to determine your premiums. Here are some key elements to keep in mind:
5.1 Comparing Quotes from Multiple Companies
Comparing quotes from multiple insurance companies is essential for finding the best price for your car insurance coverage. Each company has its own underwriting guidelines and pricing algorithms, so premiums can vary significantly.
5.1.1 Obtaining Accurate Quotes
To obtain accurate quotes, provide the same coverage options and limits to each insurance company. This ensures that you are comparing apples to apples and can make an informed decision based on price and coverage.
5.1.2 Utilizing Online Comparison Tools
Several online tools can help you compare car insurance quotes from multiple companies simultaneously. These tools can save you time and effort in your search for the best rates.
5.2 Providing Accurate Information
The accuracy of the information you provide to insurance companies is crucial for obtaining an accurate quote. Factors like your age, type of vehicle, coverage amount, deductibles, driving history, and location will be used to determine your cost estimate.
5.2.1 Avoiding Faulty Information
Providing faulty information can lead to policy cancellation or rate recalculation to a higher premium. Be honest and transparent when providing information to insurance companies.
5.2.2 Reviewing Your Information
Before finalizing your car insurance policy, review all the information provided to ensure accuracy. This can help prevent any issues or discrepancies down the road.
5.3 Using a Car Insurance Calculator
If you don’t have time to fill out quote forms with various insurers, consider using a car insurance calculator. These calculators provide an estimate of costs based on your state and driving record, helping you set your budgeting expectations.
5.3.1 Understanding Calculator Limitations
Keep in mind that car insurance calculators provide estimates and may not be entirely accurate. The best way to determine your actual car insurance costs is to obtain quotes from multiple insurance companies.
5.3.2 Leveraging CARS.EDU.VN Resources
cars.edu.vn offers a variety of resources, including articles and tools, to help you estimate your car insurance costs and find the best coverage options for your needs.
6. Is Minimum Car Insurance Coverage Enough?
Minimum car insurance coverage is better than no coverage, but it may not be adequate for many drivers. Minimum coverage typically has low limits, leaving you vulnerable to financial crisis if you don’t have enough insurance for an accident you cause.
6.1 Assessing the Risks of Minimum Coverage
Minimum coverage may not provide sufficient protection in the event of a serious accident. If you cause an accident that results in significant injuries or property damage, you could be held personally liable for the excess amount.
6.2 Considering Enhanced Coverage Options
If you want better coverage, consider purchasing more than the minimum requirements. Higher liability limits, UM/UIM coverage, and collision and comprehensive coverage can provide greater financial protection in the event of an accident.
6.3 Building a Policy That Fits Your Needs
With a basic knowledge of the main types of car insurance, you can build a policy that fits your specific insurance needs. Consider your financial situation, risk tolerance, and state requirements when selecting coverage options and limits.
7. Types of Auto Insurance Coverage: A Detailed Look
To make informed decisions about your car insurance coverage, it’s essential to understand the different types of coverage available and how they protect you.
7.1 Liability Insurance
Liability insurance pays for injuries and property damage suffered by others if you are at fault for an accident. It also pays your legal defense and any settlements or judgments if you are sued because of an accident.
7.1.1 Bodily Injury Liability
Bodily injury liability pays for injuries to other drivers, their passengers, and any hurt pedestrians if you are at fault for an accident.
7.1.2 Property Damage Liability
Property damage liability pays for damage to another individual’s property, including their vehicle, if you cause an accident.
7.1.3 Determining Adequate Liability Limits
A good rule of thumb is to buy enough liability insurance to cover what you could lose in a lawsuit against you if you cause a car accident.
For extra liability insurance above your base auto and home insurance policies, consider getting an umbrella insurance policy.
7.2 Uninsured Motorist Insurance
Uninsured motorist (UM) and underinsured motorist (UIM) insurance pay for your medical bills if someone crashes into you and they do not have liability insurance or not enough.
7.2.1 Understanding UM/UIM Coverage
UM coverage pays for:
- Funeral expenses
- Lost wages due to injuries suffered in the car accident
- Medical expenses for you and your passengers
- Pain and suffering of you or your passengers
- Your vehicle damage (depending on your state), if you have purchased uninsured motorist property damage coverage
7.2.2 Selecting Appropriate UM/UIM Limits
You’ll typically need to purchase UM in amounts that match your liability insurance.
7.3 Collision and Comprehensive Insurance
Collision insurance pays to repair or replace your vehicle after a collision with another car or if you hit other objects, like a tree, fence, or guardrail. Comprehensive insurance pays for repairing or replacing your car if it’s stolen or damaged by a range of problems, such as falling objects, fire, floods, hail, vandalism, or striking an animal.
7.3.1 Evaluating the Benefits of Collision and Comprehensive Coverage
Collision and comprehensive insurance are usually sold together. You’ll want this optional coverage as part of your policy if you want insurance for damage to your own vehicle and theft of your vehicle. If you have a car loan or lease, your lender or leasing company will likely require you to buy both.
7.3.2 Choosing a Deductible
If you want to cut costs, select a higher deductible amount, which is the amount deducted from a claims check.
7.4 Personal Injury Protection (PIP)
Personal injury protection (PIP) covers medical bills for you and your passengers no matter who caused the car accident. It also pays for other expenses like lost wages, funeral expenses, and replacement services you can’t do because of injuries, like cleaning services or child care.
7.4.1 Understanding PIP Coverage Requirements
Some states require PIP as part of their “no-fault auto insurance” laws.
7.4.2 Determining the Need for PIP Coverage
If PIP is optional in your state, you can decline it if you have a good health insurance plan. However, PIP has some perks your health insurance won’t provide, such as reimbursement for services and lost wages.
7.5 Medical Expenses Coverage
Medical expenses coverage is also known as medical payments coverage and often referred to as “MedPay.” It’s similar to PIP in that it pays for medical bills and other expenses for you and your passengers, no matter who caused the car accident. Unlike PIP, it doesn’t pay for pain and suffering or reimburse you for replacement services.
7.5.1 Evaluating the Benefits of MedPay Coverage
In states where MedPay is available, it’s usually sold in small amounts of coverage that often range between $1,000 and $5,000.
7.6 Optional Car Insurance Coverage Types
In addition to the essential coverage types discussed above, there are several optional coverage types that can provide extra protection:
| Coverage Type | Description |
|---|---|
| Gap Insurance | Pays the difference between the insurance check for your totaled car and the amount you owe on the loan or lease. Consider it if you have a big balance on your car loan and your car’s current value is well below the loan balance. |
| Rental Reimbursement | Pays for a rental car or substitute transportation, such as train and bus fare, during repairs if your car is being repaired due to a problem covered by your policy. |
| Roadside Assistance | Pays for services like a tow truck, jump-start, fuel delivery, or a locksmith if your car breaks down or you run into another problem (like locking your keys in your car). |
8. How to Buy Car Insurance: A Step-by-Step Guide
Once you’re ready to buy your car insurance policy, it’s essential to shop around to find the company that best fits your needs.
8.1 Comparing Car Insurance Quotes
Compare at least three car insurance quotes to ensure you’re getting a good deal. You can get quotes online or by calling an agent.
8.1.1 Asking About Car Insurance Discounts
Insurance companies offer many types of discounts to attract customers, ranging from good driver discounts and car safety discounts to multi-policy discounts and discounts for paying in full or going paperless.
8.2 Best Car Insurance Companies 2025
With so many choices for car insurance companies, it can be hard to know where to start to find the right car insurance. We’ve evaluated insurers to find the best car insurance companies, so you don’t have to.
9. How Much Car Insurance Do I Need Frequently Asked Questions (FAQs)
To help you make informed decisions about your car insurance coverage, here are some frequently asked questions:
9.1 What types of car insurance are mandatory?
Liability insurance, including bodily injury liability coverage and property damage liability coverage, is mandatory in nearly every state. Some states also require car owners to carry one or more of the following types of auto insurance:
- Uninsured motorist insurance
- Personal injury protection (PIP)
- Medical payments coverage (MedPay)
State regulations aren’t the only factor that can affect your coverage needs. If you finance or lease your vehicle, you may also have to carry collision and comprehensive coverage.
9.2 What states require PIP and UM coverage?
The following states require car owners to purchase personal injury protection (PIP) and/or uninsured motorist (UM) coverage:
| State | PIP | UM |
|---|---|---|
| Connecticut | ✓ | |
| Delaware | ✓ | |
| Florida | ✓ | |
| Hawaii | ✓ | |
| Illinois | ✓ | |
| Kansas | ✓ | ✓ |
| Kentucky | ✓ | |
| Maine | ✓ | |
| Maryland | ✓ | ✓ |
| Massachusetts | ✓ | ✓ |
| Michigan | ✓ | |
| Minnesota | ✓ | ✓ |
| Missouri | ✓ | |
| Nebraska | ✓ | |
| New Hampshire | ✓ | |
| New Jersey | ✓ | ✓ |
| New York | ✓ | |
| North Carolina | ✓ | |
| North Dakota | ✓ | ✓ |
| Oregon | ✓ | |
| South Carolina* | ✓ | |
| South Dakota | ✓ | |
| Utah | ✓ | |
| Vermont | ✓ | |
| Virginia | ✓ | |
| Washington, D.C. | ✓ | |
| West Virginia | ✓ | |
| Wisconsin | ✓ |
*South Carolina and Virginia drivers can pay an uninsured motor vehicle fee to forgo coverage.
9.3 What deductible should I choose?
Choose a car insurance deductible that you could pay without causing yourself financial hardship. Choosing a higher car insurance deductible will lead to lower rates, but you’ll be responsible for that higher amount if you file a claim.
It’s wise to find out how much you can save by raising your car insurance deductible by asking your insurance agent to give you car insurance quotes with varying deductible amounts.
